MIF SCALE-UP PROGRAM
Building innovative enterprises
MIF’s Scale-up program aims to help young ‘innovative’ organisations in accelerating their growth through what we call ‘deep rooted and intensive mentoring’ from a domain expert at a nominal fee. The mentors devote their time and experience in developing an implementable course of action and this entire process is monitored by us through pre-determined milestones. The engagement ends when the challenge is resolved and the organization is ready to scale up operations seamlessly.
WHAT IS INNOVATION?
At MIF, we believe Innovation is a new & unique solution to a problem OR a substantial improvement on an existing product,
service, business process in a way that adds signiﬁcant value to stakeholder(s) in the value chain.
PILLARS OF EVALUATION
We evaluate the innovation on these parameters before getting them on-board our Program
Is there innovation in theproduct / service / business process or model?
Is there substantial impact/value being created from the organisation’s operations?
Are the operations scalable and sustainablein the longer term?
Is the Founders’ /management’s attitude and intent in the right place?
The strength of the program lies in our ability to identify the business challenge faced by the innovation and marry it with the right mentor. 90+ Marico mentors specialized in various facets of business and 30+ External CXO’s and Management Consultants each a subject matter expert have already volunteered their time with us.