Rules & Eligibility
Ground Rules – Read Before You Apply
Eligibility (must meet ALL)
| Idea stage only | No code written, no MVP, no revenue. Business plan (PDF or 3-pager) accepted. |
| At least 2 founders | No solo founders. Maximum 4 founders per startup. |
| Indian residency | At least one founder must hold Indian passport (program physical in India). |
| Age ≥ 18 | No upper age limit. |
| Commitment | Live in Gujarat for full 30 days (30 Nov – 30 Dec). No remote option. |
| Laptop | Each founder must bring their own laptop (8GB RAM minimum). |
| English proficiency | All workshops and mentorship in English. |
What we DO NOT accept
- ✗Startups that have raised external funding (including friends & family > ₹5L)
- ✗Consultancy or agency business models
- ✗Gambling, crypto speculation, MLM, or adult content
- ✗Founders who cannot attend due to job or academic commitments
Program Rules
| Rule | Consequence |
|---|---|
| Attend all mandatory sessions (10 AM – 10 PM Mon–Sat, Sun 10–4) | 3 unexcused absences: expulsion |
| No alcohol or drugs during working hours | Immediate expulsion |
| Respect confidential ideas of other founders | Legal action + expulsion |
| Report revenue accurately on monthly dashboard | Royalty ×2 for fraud |
| Maintain hygiene at co-working & PG | ₹500 fine per incident |
Fees & Seat Confirmation
- Apply: Free — ₹0 application fee, ₹0 equity to register and submit your cohort application.
- Program: ₹0 residency fee for selected founders (30-day build sprint, dev team, mentors, accommodation).
- After shortlist: One-time ₹5,999 seat confirmation fee via Razorpay on your startup dashboard (UPI, cards, netbanking) to reserve your Cohort 1 place.
- After revenue: 5% royalty capped at ₹8,00,000 — no minimum if revenue is ₹0.
Intellectual Property
All code, designs, and content created by TSIH-provided developer and designer during the 30 days is assigned 100% to you. You sign an IP Assignment Agreement before Day 1. Pre-existing IP remains yours. TSIH may use anonymised case studies and your startup name for marketing.
Royalty Agreement Summary
- 5% of gross revenue from all monetisation sources
- Cap: ₹8,00,000 total royalty paid
- Buyout: 50% of remaining cap as lump sum
- Monthly reporting within 7 days of month end; annual audit rights
Termination & Indemnification
Voluntary leave or expulsion before Day 30: no royalty, no MVP code. Finish the program: royalty applies even if you later abandon the startup. You agree not to hold TSIH liable for business losses, MVP bugs, or investor rejections.
Limited to 25–30 startups
Ready to build your funded startup?
25–30 spots · 30 days · 0% equity · Apply by 15 Nov 2026