Bion is a partnership program by Deshpee under which, we look out for joint venture opportunities with early-stage startup founders. The word ‘Bion’ means life in the Greek language. And staying true to its name, project Bion aims to provide life-saving cash and in-kind support to select business ideas which align with Deshpee’s goals. Under the Bion 2023 initiative, we plan to provide a total of ₹ 7 Lacs investment.
By partnering with Deshpee, our partners get these benefits:
1. Deshpee will provide support for the required expenses of the project
2. Deshpee’s 8 years of startup management and marketing experience will be available at their disposal
3. Deshpee will look after all legal compliance
4. Deshpee will provide a workplace and the skill of its Titans to Bion 2023
5. Deshpee’s network of contacts and business tools can be put to use
This year, we’re hosting a contest, inviting business ideas from interested individuals. From the initial ideas selected, a few will be shortlisted to be shown to our panelists, and one idea will ultimately be accepted for the program.
Under Bion 2023, Ideas will be accepted under the following categories:
The process of idea submission will be:
The criteria for idea submissions will be:
The decision of the Deshpee panelists will be final. We’ll publicly announce the ideas selected in the various stages.
Legal structure of a Bion 2023 project will be:
Excellent question. Well, we do this because we want to leave no stone unturned. We know that we can’t come up with all the ideas for growth ourselves. So we want to have you and your ideas with us so we both can grow together. There’s no shortage of talent. All it takes is the courage and expertise to execute an Idea.
You’ll be getting 3 things primarily. One, funding for initial expenses. Two, expertise of the entire Deshpee team. Three, mentoring from our panelists to successfully execute your idea.
We want ideas that will sell. Plain and simple. If your idea is commercially viable and if you have the guts to run it, we want to talk to you.
Consider us as your friend, or a mentor or a partner. Or perhaps, all of them. Because our goal is to help you get your idea off the ground and make your dream come true!