
Scale-up accelerator program
Idea Studio Nepal has forged a partnership with Mr Dileep Agrawal, Managing Director, Worldlink, and a certified EO Scaleup Accelerator Trainer for Scaleup Accelerator Program. The goal is to empower entrepreneurs with the tools that they need to grow their business sales and provide them with the skills to make them better entrepreneurs and leaders. Along with structured educational content focused on the core areas of first-stage businesses, the program offers a unique experience of learning from the most influential entrepreneurs. The first batch of the training will start in June.
What is the Scaleup Accelerator Program?
Scaleup Accelerator is a program that works as a catalyst and enables first-stage entrepreneurs to catapult their businesses to the next level. The mission is to empower entrepreneurs with the tools that they need to grow their business sales and provide them with the skills to make them better entrepreneurs and leaders.
Along with structured educational content focused on the core areas of first-stage businesses, the program offers a unique experience of learning from the most influential entrepreneurs.
About the Trainer
Dileep Agrawal is a Nepali Tech Entrepreneur. He founded and established Nepal’s largest Internet Service Provider (ISP) in 1995 at the age of 22. He is the Founder and Director of WorldLink, Nepal’s leading Internet service providing company. Over the years, WorldLink has registered tremendous sustained growth and provides services ranging from Internet connectivity and related services to data networking, voice and software development. WorldLink has grown to be not only the largest ISP in Nepal but one of the largest IT services companies employing over 600 people throughout the country. He has co-founded several companies and non-profit organizations and serves on their boards. Mr. Agrawal is a graduate of Bates College in the US.
The Curriculum
Read on below to see the specific learning opportunities provided by the Accelerator program.
- Accountability Group: As a Scaleup Accelerator participant, you will be matched with other participants to form a small group known as Accountability Groups. These groups will ensure that you are learning and growing as an individual, both through the learning provided in the classroom and through the interaction with your peers. Groups will be provided with a framework and tools to keep in touch between meetings to help each keep on track with their committed goals.
- Connections to Experts: The Scaleup Accelerator Program enables you to meet on a quarterly basis with a mentor in your area. This mentor will help you to guide the program locally with a committee of other Entrepreneurs’ who are dedicated to the success of the program and its participants.
- Entrepreneurs’ Facilitators: Each quarterly program will be led by a trained facilitator (Mr Dileep Agrawal) who has been a first-stage entrepreneur. These moderators will bring a wealth of experience and connections to help you navigate through the content and glean as much as possible from the learning that is presented. The facilitator will answer questions from personal experience, helping you deal with the issues you face in your company with thoughtful and practical insights.
- Peer-to-Peer Learning
- Once accepted to the Scaleup Accelerator Program, you will be able to network with other emerging entrepreneurs who can offer lessons and insights from their personal experiences. The networking among Scaleup Accelerator participants will be an invaluable part of the program.
- Strategy
- Create Sustainable Top Line GrowthThe keys to sustainable top-line growth are: knowing your core customer, developing a clear brand
promise, and developing your BHAG® (Big Hairy Audacious Goal) for sustainable revenue growth.
- Create Sustainable Top Line GrowthThe keys to sustainable top-line growth are: knowing your core customer, developing a clear brand
- People
- Become a Magnet for A-players Who Are Dedicated to ResultsGrowth companies’ most difficult decisions involve getting the right people in the right seats. Is everyone
in your company aligned, pulling their weight, and contributing as they should?
- Become a Magnet for A-players Who Are Dedicated to ResultsGrowth companies’ most difficult decisions involve getting the right people in the right seats. Is everyone
- Execution
- Develop a Strategic Advantage Over Your CompetitorsOne common challenge that quietly sneaks up on successful growth companies is the subtle transition
from excellent, precise execution to passivity, complacency, and eventually poor execution disciplines.
Tightening up your execution habits can dramatically improve your gross margins and profitability while
reducing the time it takes to get work done.
- Develop a Strategic Advantage Over Your CompetitorsOne common challenge that quietly sneaks up on successful growth companies is the subtle transition
- Cash Accelerator
- Cash Flow to Fuel Your GrowthThe first law of entrepreneurial gravity is “Growth sucks cash.” We encourage companies to examine their cash acceleration strategies. This measures the time between spending a dollar (on marketing, design, rent, wages, etc.) and earning that dollar back throughout the company.
What does the program include?
- Four full-day learning events planned one per quarter, facilitated by Mr Dileep Agrawal
- Monthly Accountability Group meetings focused on goal setting and peer accountability led by an
mentor - Use of goal setting and tracking tools
Eligibility Criteria
- Be the owner or founder of an operating business with gross yearly revenue of minimum Nrs. 1 crore
- Interested in growing your business rapidly
- Should have at least 4-5 full-time employees
How much do I have to pay for taking part in this program?
- You do not have to pay to be a part of the Scaleup Accelerator program. However, to fully engage the participants in the learning process, each participating company will have to submit a deposit of Rs. 50,000 each. This deposit will be REFUNDED once the company successfully completes all the components of the training program. If a company fails to participate and/or drops out in the middle of the program, the deposit will be donated to a charity of Mr. Dileep Agrawal’s choice.
- In the condition that the COVID-19 situation improves and eases and we start the workshop and the Accountability Group session physically, the incurred cost for the events will be equally shared by the participants.
Selection Process
- Founder(s)/CEO of the company should apply by completing an online form. They should explain about their company and product, share revenue numbers and why they want to participate in this training.
- Participants will be shortlisted based on the responses and interviews. Only those who show zeal to learn and passion to scale up will be selected.
- A total of 15 companies will be selected, 3-4 people from the same company can participate. It will be mandatory for at least 3 people to participate from each company as it is very difficult for one person to implement the tools.
NOTE: The training will run over zoom for as long as Covid-19 lasts (The virtual nature of the training does not hinder the quality of the training). If the event is held at a venue, any venue shares will be collected from the participants on actuals.