Home / about
Some words about us
Idea Factory is a platform for nurturing ideas, creativity and innovations to support potential entrepreneurs in realizing their dreams. Our vision is to create an ideal environment for entrepreneurial growth and help build successful businesses.
What is Idea Factory?
Idea Factory is a platform for entrepreneurs who can bring forth new and innovative technology solutions. The model is strategically divided into three phases – Entrepreneur Development Phase, Enterprise Creation Phase and Market Development Phase to provide not just the perfect opportunity to showcase talent but build a robust entrepreneurial ecosystem. Idea Factory believes in the spirit of collaboration and aims to advance entrepreneurship following a partnership approach.
Entrepreneurship lies at the core of innovation and development and we at Idea Factory seek to strengthen the flourishing entrepreneurial ecosystem in India. Entrepreneurs are no doubt catalysts for change and have accelerated economic growth in the country. Being counted upon as future job creators, we intend to focus on thoughtful action to create a platform for entrepreneurs where the seeds of new ideas and new possibilities can be sown to achieve the high impact goals.
Founder, Chairman and Managing Director, ACME
What we offer
At Idea Factory we will provide a comprehensive support to entrepreneurs in the form of
- Early stage capital
- Full service office space
- Back office shared services
- Sales and Marketing
- Finance and Accounts
- Human Resources
- Information Technology
- Professional Guidance
Want to get your idea funded? Submit your Idea
We place high priority on new, market-altering solutions to well-articulated problems. New or niche markets with demonstrable growth trajectories, especially markets that may be shaped by the entrepreneurs’ products will be ideal. Besides, the selection criteria for eligible start-ups at Idea Factory are as mentioned below:
- They should be in the Energy and IT space
- Require an initial funding
- Willing to operate from ACME’s Gurgaon facility
- Can break-even or achieve sustainability at less than Rs. 2 crore in revenue