Frequently Asked Questions
FAQs
Find answers to common questions about Tavastra’s unique residential accelerator program, application process, funding opportunities, and the support we provide to help founders turn their ideas into market-ready solutions.
What is Tavastra?
Tavastra is a fully residential startup accelerator, offering a 3-month immersive co-creation program for early-stage founders. We provide funding, expert mentorship, hands-on support (legal, branding, UI/UX, tech, marketing, fundraising), and a vibrant community to help you transform your idea into an investment-ready venture. We're located in inspiring locations, starting with Dharamshala.
How does Tavastra differ from traditional accelerators, incubators, or venture studios?
Tavastra offers a unique combination of features:
- World's First Fully Residential Accelerator: We provide a purpose-built, immersive environment in a carefully curated location, allowing founders to escape the isolation of the typical startup journey and thrive in a community of like-minded individuals. This is not just office space; it's a dedicated haven for focus and accelerated growth.
- Co-Creation, Not Just Advice: We offer a dedicated extended team that provides comprehensive, hands-on support in all key areas (legal, branding, UI/UX, tech, marketing, fundraising). You focus on your core product; we handle the rest.
- Reimagined Angel Investing: We offer a more accessible entry point for angel investors.
- Shared Stakes, Shared Success: Tavastra, the founders, and the angel investors are all deeply invested in the startup's success, creating a truly aligned and collaborative ecosystem. This shared commitment benefits everyone.
What industries or sectors does Tavastra focus on for startup ideas?
Tavastra is sector-agnostic and welcomes innovative ideas from all industries. We are particularly interested in startups addressing challenges in sustainability, healthcare, education, fintech, and technology, but we are open to any venture with high growth and impact potential. We prioritize the strength of the idea, the team, and the potential for impact over a specific industry.
What are the benefits of joining Tavastra as a founder?
- Hands- On Co-Creation: We become your Extended Team of experienced professionals who provide hands-on support across every critical area: Legal, Branding, UI/UX, Tech, Marketing, and Fundraising. You focus on your core vision, and we handle the heavy lifting alongside you.
- Immersive Uninterrupted focus: Tavastra is 100% residential. You'll be in a hand-picked spot – think of a fully-equipped living space in the mountains, a historic district, or a vibrant beach town - built for clarity, concentration and collaboration . It has everything you need to build - collab rooms, event spaces, round-the-clock eatery, meditation/workout space, breakout zones etc. Plus you'll be surrounded by fellow founders, mentors, and advisors– constant brainstorming, instant feedback - creating a powerful and positive network effect. Tavastra is the antithesis of the isolated startup journey.
- Reduced Time-to-Market: Tavastra's 3-month MVP Sprint is laser-focused on getting your product to market – fast. We have clearly defined weekly stages and deliverables. This structured approach, combined with the immersive environment, and the ability to delegate to our team of experts significantly cuts down development time.
- De-Risked, High-quality Development: We don't just build fast; we build smart. Expert involvement at every stage minimizes costly mistakes and ensures top-notch quality. This guided co-creation reduces technical debt and creates a market-ready MVP you can be proud of.
- Your Tavastra Experience: Fully Funded, Fully Supported: Tavastra matches each founder with pre-vetted Early-Stage Believer(s)/Angel sponsor – who are industry insiders with a passion for your specific idea, who can also provide you with their invaluable feedback. Their investment, backed by Tavastra's resources – fuels your co-creation journey, meaning no upfront costs for you.
- Dual-Track Learning & Expert feedback: Tavastra combines essential startup theory with real-world know-hows. You'll learn core startup principles from top-tier academics (IIT/IIM professors), and receive use-case-led guidance from successful entrepreneurs and veterans through masterclasses and 1:1 sessions. This is accelerated growth, and not just endless lectures.
- Tech stack advantage: Gain access to a suite of world-class tools and services to power your development..
- Fundraising Powerhouse: Tavastra's Demo Day is your chance to shine, and we make you ready for it with all fundraising essentials (Pitch deck creation, practice sessions etc.). You get to showcase your MVP to a curated network of serious VCs and angel investors.
- United by your Success: Tavastra brings together a diverse group of contributors – Angel sponsors, Academic partners, Industry leaders, Specialized experts, and our Core team – all focused on one thing: your success. In exchange for a single-digit equity stake (9%), you gain access to our comprehensive program, hands-on support & funding network, with no upfront costs to you. This model ensures everyone is invested in your long-term growth.
- Access to Community: You're not just joining a program. This is also an opportunity to make great connections - founders, academics, industry leaders, specialized experts, and investors. and a network that lasts long after the program ends
- Ongoing Support: We don’t just stop after the cohort etc, Tavastra and your Angel sponsor will be in contact with you after the cohort as well. Extending our unending support and opening doors for you.
What is the equity split between founders and Tavastra?
Founder(s) retain the majority shareholding of 91%. Tavastra takes a 9% equity stake in each startup.
How do I apply to become a founder?
Submit an online application through the Tavastra website, including your background, skills, experience, entrepreneurial aspirations, and interest in specific startup ideas or your own concept.
What is the selection process for founders?
Our rigorous selection process includes:
- Application Review: Based on our IGNITE framework.
- Initial Screening Calls: To assess passion, coachability, and team dynamics.
- Panel Interviews: With the Tavastra team and advisors.
- Due Diligence: Background checks and legal review.
What is expected of founders during the program?
Full-time commitment, active participation, milestone achievement, and a post-program commitment of 12 months with regular check-ins.
What kind of support do founders receive after the program?
Tavastra provides ongoing support, including:
- Continued mentorship from your angel investor and Tavastra advisors.
- Access to the Tavastra network for fundraising and partnership opportunities.
- Connections to potential customers and partners.
- Invitations to exclusive Tavastra events.
What if I have an existing startup, but I need help to pivot or rebuild?
Tavastra welcomes founders at different stages:
- Spark Stage (Idea): You have a compelling idea and a defined problem, but haven't started building.
- Forge Stage (Pre-MVP): You're actively building, but don't yet have a functional MVP.
- Reforge Stage (MVP, Re-building): You have a working MVP, but you're not satisfied with it and need to rebuild.
- Rethinking Stage (βeta/Rebuilding): You have a beta product, some traction, but need to pivot your strategy.
What are the benefits of becoming an angel investor with Tavastra?
Tavastra offers a unique and rewarding angel investing experience:
- Curated Deal Flow: Access to rigorously vetted, high-potential startups at the idea stage.
- Meaningful Equity: Gain a 5% equity stake for a ₹25 lakh investment.
- Active Involvement: Mentor and guide founders, shaping the direction of the company.
- Reduced Risk: Benefit from Tavastra's co-creation model and expert support, minimizing common early-stage pitfalls.
- Impact Investing: Support companies with the potential for positive social or environmental impact.
- Exclusive Community: Join a network of like-minded investors and industry leaders.
What is the equity split between angels, founders, and Tavastra?
TBD with Tavastra
What is the investment process for angels?
- Expression of Interest: Contact Tavastra to learn more about the program.
- Review of Opportunities: Access information on the selected startups in each cohort.
- Matching: Tavastra facilitates connections between investors and founders based on shared interests and expertise.
- Due Diligence: Conduct your own due diligence on the chosen startup.
- Investment: Finalize the investment terms and become a Tavastra Angel.
What is the level of involvement expected from angels?
Angels are expected to invest ₹25 lakhs and provide at least 3 hours of active mentorship per month during the 3 month cohort, offering strategic guidance, industry insights and feedback.
What are the exit strategies for angel investors?
Exit strategies include selling shares, participating in future funding rounds, or through an acquisition or IPO.
What is the structure of the residency program?
The 3-month program is a blend of structured learning, hands-on co-creation, and community building. It includes:
- Masterclasses: Led by top academics and industry leaders.
- Workshops: Covering essential startup skills.
- 1:1 Mentoring: With your assigned angel investor and Tavastra experts.
- Co-Creation Support: Dedicated time to work on your MVP with our in-house team.
- Community Events: Networking and social activities.
- Demo Day: Pitch your startup to a curated audience of investors.
How does Tavastra's curriculum prepare startups for growth?
Our curriculum combines essential startup theory with real-world application. You'll learn core principles from leading academics (IIT/IIM professors) and gain practical insights from successful entrepreneurs through case studies, workshops, and 1:1 mentoring. Key areas include lean startup methodology, design thinking, agile development, growth hacking, fundraising, and more.
How does Tavastra facilitate connections between founders and investors?
Through its investor network, pitch deck refinement guidance, fundraising strategy advice, Demo Day events, and ongoing support.
How do I apply to become a founder at Tavastra?
Submit an online application through the Tavastra website, including your background, skills, experience, entrepreneurial aspirations, and interest in specific startup ideas or your own concept.
What is the selection process for founders and startup ideas?
Our rigorous selection process includes:
- Application Review: Based on our IGNITE framework.
- Initial Screening Calls: To assess passion, coachability, and team dynamics.
- Panel Interviews: With the Tavastra team and advisors.
- Due Diligence: Background checks and legal review.
What are the key qualities Tavastra looks for in founders and ideas?
- Founders: Passion, commitment, coachability, resilience, a growth mindset, and a collaborative spirit.
- Ideas: We use our IGNITE framework - Impactful mission, Growth Potential, Novel approach, Inspired team, Tenet, and Effective Execution.
Can teams apply, or is the program only for individual founders?
Both individuals and teams can apply.
What is the timeline for applications, and when does the program begin?
Refer to the "Upcoming Cohorts" section on the website for application deadlines and program schedules.
Where are Tavastra programs conducted?
Tavastra programs are held in inspiring locations conducive to focus and creativity. Our first cohort will be in [Dharamshala or confirmed location].
Is the program conducted in person, remotely, or in a hybrid format?
Tavastra is a 100% residential program. In-person participation is required.
How long does the residency program last?
3 months.
Are there any costs or fees for participating in the program?
No. Selected founders receive funding from pre-vetted angel investors, accommodation, meals, access to resources, and a supportive community – all at no upfront cost. In exchange, Tavastra and the Angel Investor receive a small equity stake.
What happens if a founder needs to pause or leave the program?
Communicate with the Tavastra team; leaving may result in forfeiting unvested equity.
What is the typical daily schedule for a founder in the residency program?
Can I bring my family to the residency program?
We understand the importance of family. While Tavastra's primary focus is on providing an immersive experience for founders, we are exploring options to accommodate families. Please contact us to discuss your specific needs.
What kind of food is provided during the residency?
Nutritious and delicious meals are provided, catering to a variety of dietary needs and preferences (vegetarian, non-vegetarian, vegan options available).
Is the residency pet-friendly?
We are exploring pet-friendly options. Please contact us to discuss your specific needs.
What are the accommodation arrangements like?
Comfortable, shared accommodation is provided to foster community and collaboration. Private rooms may be available on a case-by-case basis.
What kind of support does Tavastra provide to startups after the program ends?
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How does Tavastra help startups with their long-term growth and scaling?
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How does Tavastra collaborate with other organizations and institutions?
Tavastra collaborates with academic institutions, industry partners, government agencies, and investors to create a robust ecosystem for our startups.
How can my organization partner with Tavastra?
Contact Tavastra through the "Contact" page on the website.
What are the typical exit strategies for startups?
Acquisition, IPO, merger, or secondary sale.
How does Tavastra measure the success of its program?
We measure success through a combination of factors, including:
- Funding secured by startups.
- Startup growth and valuation.
- Job creation.
- Social and environmental impact.
- Founder satisfaction and feedback.