Started in January 2012, this was one of the first initiatives of TotalStart in the North East States. TotalStart Entrepreneurship Ecosystem Developers Sikkim Unit’s Operation was kick-started in January 2012 with its first incubation center at STPI Gangtok, Sikkim Jewel Complex, Tadong, Gangtok, Sikkim, India.
Full investment start-ups: The initial focus was to create technology based start-ups which could be scalable. The mode in which these technology start-ups were created were through 100% investments from TotalStart with 20% – 30% non-diluting shareholding of the co-founding employees of the company. In year 2012 and 2013 three start-ups were created in the above mode of deploying co-founding employees to kick-start a start-up.
Mentored start-ups: Several Start-ups (numbering to more than 20+) were mentored during this time for periods of 6-12 months on a pro-bono basis, mostly district HQ based start-ups.