GUSEC is an early stage, zero-day, zero-cost, startup support system with a mission to convert 1% of 1.5 million higher education students in the Gujarat region into entrepreneurs, building economic and growth value from within a university ecosystem.
GUSEC’s vision is to give an accelerated platform to idea-level entrepreneurs and support them with the necessary resources and mentorship to build real value from their current ideas.
Incorporated as a section 8(a) not-for-profit company, governed by an independent Board of Directors comprising University faculty, industry representatives, and the Vice-Chancellor as the Chair. Day-to-day operations are led by a CEO and a dedicated team.
Initially funded by the University, GUSEC is backed by a NIDHI-TBI grant, alongside other state government and non-government grants.
GUSEC works with a zero-day zero-cost startup support model, which puts an imperative emphasis on offering no-cost startup support, especially to the idea/early-stage startups during their pre-incubation, incubation and acceleration periods to help them experiment and grow with their ideas. This model helps them to accelerate their ideas with a build fast, break fast ideology.
This is also one of the few reasons why GUSEC hosts one of the largest numbers of product startups in our current ecosystem.