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Mainstage Incubator to help Indian Startups from Tier-II & Tier-III towns to build business in Europe

Germany-based start-up Launchpad, Mainstage Incubator (on 8th Feb 2020), announced its presence in India with the stated aim to help startups from India to set up a base in Germany and utilize it as a Launchpad to reach the rest of the European markets. 

Swen Wegner, Founder and CEO of Mainstage Incubator, along with Debasis Chakraborty, Co-Founder and COO, addressed the event during Mainstage Incubator India Summit 2020 which took place in Bangalore.

Mainstage Incubator is a Launchpad founded with the vision to help the ambitious entrepreneurs even from Tier II and Tier III cities and towns to build world-class startups in the heart of Europe. 

Mainstage Incubator serves as an enabler of every founder who wishes to sow the seeds of his ambitions in Europe and be part of the New European Dream.

Currently, Mainstage Incubator has onboarded five start-ups - Untapd, Eta-Iota, Simplyfi, Agrimainfotech, SocioRAC and Beagle Security hailing from the states of Karnataka, Kerala, Odisha and Sikkim. These five qualified from a pool of 50 applicants that applied to be part of the Launchpad Program. 

The Launchpad follows a subscription model wherein the incubatees can pay a fixed monthly subscription retainer with Mainstage holding zero or a limited Equity in the startups.

Mainstage Incubator has partnerships with the government startup cells of AIC-SMUTBI (Sikkim), (AIC-RAISE), Tamil Nadu and the Kerala Startup Mission (Kerala) to help the nascent start-ups to gain a foothold and traction in the European markets.