Progress Launches 2nd Edition of Incubator Program in Hyderabad

Progress, a global software company that simplifies the development, deployment, and management of business applications, launched the application process for  its second cohort program for startups, the “Progress  Incubator Program” in India. Launched last year, the incubator program aims to help startups that are in the early stage development, build the next generation business applications. As part of the program, participants have access to Progress application development and deployment platforms and data connectivity solutions for free. The Progress Incubator Program provides work space and access to mentors with extensive market and domain expertise.

The Progress Incubator Program (The first corporate incubator in Hyderabad) is open to all startups and university students across India with a business app idea that is in a prototype stage. Interested parties can apply online at - https://www.progress.com/incubator by 25^th October, 2015. Progress senior leadership will then select 05 teams with the most innovative business app ideas to take part in the six-month program, starting November 1^st, 2015.

The first edition of the incubator program was introduced as a pilot project in which five early stage startups participated.  HackerBay Software Pvt Ltd. developed a complete backend and storage app solution, Vital Buyer Process Outsource helped SME manufacturers enhance efficiency and increase profits through a combined procurement and transactional platform and Risk Edge Solutions built a Risk Metrics for commodities. Also during the first edition of the program, DoConf Systems & Solutions Pvt Ltd created a cloud based collaborative communication platform for businesses and individuals to use in real time, while General Developers’ team developed a mobile diagnostics platform for iOS and Android apps.

The Progress Incubator Program provides a wide-ranging support for the startups. Apart from physical space and access to leading-edge technology, participants will have access to Progress engineers and experts who will offer guidance and mentorship in both technology development and market opportunity. In addition, Progress senior leaders will provide domain expertise, strategic guidance, and will help with access to markets and potential investor opportunities. Progress will also assist the startups in connecting with the Hyderabad entrepreneurial ecosystem.

The Progress Incubator Program complements and aligns with the Telangana government’s initiative to provide support for innovation and entrepreneurship in Hyderabad and supports the government’s efforts to make Hyderabad the startup capital of India.