History of TotalStart Sikkim

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.