Terms &
Conditions.
1. Program Nature
The Student Leadership & Incubation Program 2026 (the "Program") is a co-founder initiative powered by Finixia Dedecons Pvt. Ltd. Participation in this program is not an internship; it is a fast-track entrepreneurial track designed for selected students and graduates to build and own high-scale ventures.
2. Eligibility & Selection
Participation is limited to 12 high-potential individuals from National Institutes of Technology (NIT) and other leading universities. The selection protocol follows the "Hunger over Grades" philosophy:
- Candidates must demonstrate execution capability over academic metrics (CGPA).
- Selection is finalized after a 1-on-1 interview with the Program Director, BhaskarJyoti Saikia.
- Chosen individuals will be distributed into Team A (Campus Aggregators) or Team B (SaaS Builders).
3. The Game Plan (Phases)
The Program operates in two distinct legal and operational stages:
Phase 1: Virtual Incubation
Months 1–6: Selected members join as "Founding Consultants." This is a remote-first operation focused on product validation and MVP launch.
Phase 2: The Spin-Off
Triggered upon the team achieving a cumulative revenue of ₹1,00,000 (One Lakh INR). At this stage, a new Private Limited Company is registered for the team's venture.
4. Financial Commitments
The Program operates on a bootstrapping/mentorship model with split financial responsibilities:
- Finixia Responsibilities: Covers all "Building Costs," including Tech Stack support, industrial server architecture, and initial legal compliance.
- Team Responsibilities: Responsible for "Growth Costs," including paid marketing, ads, and on-ground events. Teams must generate pre-sales or self-fund these operational growth expenses.
5. Equity & Shareholding Structure
Upon hitting Phase 2 (Incorporation), the Student Team is officially allotted 50% Equity (Shares). Finixia Dedecons retains 50% as the strategic investor. The C-Suite allocation for each team is defined as follows:
| Role | Allocation (%) |
|---|---|
| Chief Executive Officer (CEO) | 10.0% |
| Chief Technology Officer (CTO) | 10.0% |
| Chief Operating Officer (COO) | 9.0% |
| Chief Marketing Officer (CMO) | 8.0% |
| Chief Financial Officer (CFO) | 7.0% |
| Head of HR & Culture | 6.0% |
| Total Squad Equity | 50.0% |
6. Roles & Performance
Selected co-founders are responsible for specific verticals. Failure to execute core responsibilities (Strategy for CEO, Tech Stack for CTO, Logistics for COO) may lead to a redistribution of equity or removal from the squad pool during the Phase 1 validation period.
7. Confidentiality & IP
All program data is classified as Private & Confidential. Applicants and participants agree not to disclose proprietary product strategies or the internal Finixia Dedecons tech stack to external third parties. All IP developed during Phase 1 belongs to the Finixia Hub until incorporation in Phase 2.
Authenticated Documentation
Finixia Dedecons Regulatory Board
Director: BhaskarJyoti Saikia