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What are some startup ventures nurturing various startups in India?

Hope this helps you. List of1. Indian Angel Network (IAN) Incubator : IAN has established an Incubator with the support of National Science and Technology Entrepreneurship Development Board, Department of Science & Technology, Govt. of India. This Incubator helps techno-preneurs and entrepreneurs in stabilizing the product or service, business planning and formulating the market strategy while providing complete support in making the business plan operational. It also helps in accessing seed funding, team building, providing strategic and operational guidance, marketing and promotion, advisories on IP and investment for the entrepreneurs to grow their venture. Startups can access various sources of funding including the Indian Angel Network (IAN), which is India’s largest group of Angel investors having 125 active investors, providing funding up to $1 million.The incubation period is for a period of 18 to 24 months. A winning application will be eligible for incubation. The selection process may take up to 90 days. Their preferred sectors include IT/ITES, Telecom, Mobile VAS, Gaming and Animation, Internet/Web, Media and Entertainment, Education Technology, Healthcare Technology, Manufacturing Products, Alternative Energy, Clean Technology, Cloud Computing and Retail Technology.If you are already being incubated elsewhere, you can join the IAN Incubator by availing the facilities provided by the IAN remotely.Apply for Incubation at IAN here or email your business plan at [email protected]. iCreate : The International Centre for Entrepreneurship and Technology (iCreate) is an initiative of Gujarat Foundation of Entrepreneurial Excellence (GFEE) and a joint venture of Gujarat Mineral Development Corporation Limited (GMDC) and Gujarat Entrepreneurship and Venture Promotion Foundation (GEVPF). The centre conducts programs to groom potential candidates, facilitate the incubation of the business idea, mentoring, networking and seed funding. It has an advisory board chaired by Shri N.R. Narayana Murthy and other eminent experts from academia and industry.The centre operating from GMDC building in Ahmedabad conducts various seminars, reach-out programs, networking events and more for both students and aspiring entrepreneurs. The grooming and incubation program is conducted in a batch of 25 with duration of 13 weeks. February 2014 batch has already started. Contact Devesh Rathore ([email protected]) to enquire about the next batch and other details.Aspiring entrepreneurs with or without a project idea or team can click here to apply for grooming and incubation program.3. Khosla Labs : A startup Incubator founded by Vinod Khosla and Srikanth Nadhamuni in 2012, Khosla Labs is located in Bangalore, offering a platform for creative and driven entrepreneurs with ideas to test and experiment. The project gets funded by the Khosla Ventures seed fund based on the project traction and business plan. Khosla Ventures’ mission is to assist great entrepreneurs determined to build companies with lasting significance. Khosla follows a new model, Entrepreneurs In Residence (EIR), which is integrated to the core team. The core team brainstorms and comes up with several ideas and design in house products. Then comes the prototyping, the pilot tests and market validation.Khosla Labs, a tech Incubator, is looking to create and nurture startups using technology and entrepreneurial zeal to address key challenges. Apply here.4. AngelPrime : Focusing on startups in the middle that need seed capital, AngelPrime is hugely passionate about supporting startups and invest in not more than 3-4 companies a year. It is for those startups targeting global markets in the US, Europe, Asia and Africa. AngelPrime operates in the Scale Hacking phase of startup, where the startup iterates and fine tunes the product as well as increase the customer base to meaningful numbers.AngelPrime welcomes startups who are working on an idea, built an early version of the product and have some attraction. In addition, you should have atleast one co-founder in place, your business should have a big market potential and you should have a passion to work 7 days a week, 16 hours a day on your startup. If you are an entrepreneur and meet the aforementioned criteria, you can apply by emailing a brief description about your background with LinkedIn profiles and a brief description of the product to [email protected] right away.5. UnLtd India : A startup Incubator for social entrepreneurs offering both financial and advisory services. UnLtd India started in Mumbai in 2007 by Pooja Warrier and Richard Alderson offers a complete ecosystem of seed funding, incubation support and co-working space, helping early-stage social entrepreneurs to turn their dreams into reality. Running four key programmes, startups can choose a programme to meet their needs. The programmes include Incubation Support, Bootcamp, Bombay Connect – a laboratory and co-working space and Social Mashup – a national conference for early-stage social entrepreneurs.The core incubation support model is designed to provide two levels of support. Level 1 Support is for those who have an idea or pilot stage project where UnLtd India offers them a grant of up to 80,000/- and an average of 160 hours of hands on support over the course of the year. Level 2 Support is for those with early-stage locally based projects, which have the potential to create large scale, sustained impact. UnLtd India offers them a grant of up to Rs. 2 Lakhs and an average of 220 hours of hands on support over the course of the year.UnLtd India also recently added a Level 3 Support called the Growth Challenge that targets startups with a proven model ready to scale. As it is still in the early stage of development the UnLtd India Network will focus in the near term on Level 1 and 2 Support only.Applicants must be based in Mumbai, Thane, Pune, Solapur, Raigarh, Satara or Ahmadnagar. The organization should not be legally registered for more than four years. Apply right here.6. Startup Village : India’s first Incubator that is funded by the public and private sector. It is a technology Incubator located in Kochi. Startup Village provides a platform for youngsters to create the latest technology in telecom sector. They do provide funding for startups. Launched an initiative program called SVSquare where young entrepreneurs from India are sent on an all-expense paid trip to the U.S, exposing them to the startup environment in Silicon Valley. Startup Village also runs an educational campaign, Dev1000p to create 1000 professional app developers. This program is open to college students all over the country.The incubation processing fee is Rs.2000 and if space is availed then Rs. 1000 per month per seat (Membership – Rs.10, 000). The incubation is for three years where entrepreneurs are provided with mentoring, access to technology, subsidised business services through partner network and introductions to potential investors.If your startup is not located in Kochi, you have the flexibility to work from your own facility. You can email at [email protected] for further details.Click here to fill in the Signup Form.7. Villgro : Co-founded by Paul Basil who was awarded the Ashoka Fellowship in 2002 for his outstanding social entrepreneurship, Villgro was recognized as an Incubator under the Dept. of Science and Technology and Ministry of Micro-Small Medium Enterprises, Government of India. The incubation and investment programme offers early-stage enterprises with services required to commercialize their inventions and grow. The services include mentoring, fellowship, funding and networking.Incubation application form is here.8. Srijan Capital : Providing seed stage investment to technology startups, Srijan Capital located in Bangalore incubate startups whose focus areas are ecommerce, SAAS, mobile, social media, and consumer internet invest between 20 to 40 lakhs. The incubation period is for a year. The best way to reach them is through references. You can also email at [email protected]. Venture Center : It is a technology based Incubator and is the trademark of Entrepreneurship Development Center, a non-profit company hosted by the National Chemical Laboratory, Pune, India. Venture Center nurtures startups by giving not only space but also provides access to technology support, business mentoring, networks, scientific and information resources. The focus areas include material science, chemical synthesis, biomedical sciences and technology, chemical and process engineering, research, technology and knowledge management.Technology Development Board (TDB) seed fund at Venture Center is now open to receive investment proposals as part of Round 8. The application deadline is May 30th, 2014. The minimum financial assistance to the incubated entrepreneur is Rs. 1 lakh while the maximum is Rs. 25 lakhs. To know more about applying at Venture Center, just click here.10. Indavest : It is a startup Incubator and venture management firm formed in early 2007. Indavest located in Bangalore helps startups with capital, business strategy and structure, providing access to the right network and support. The current initiatives within Indavest Labs include projects across e-commerce, mobile applications, customized gifting and branding solutions and software products. Entrepreneurs with innovative ideas and exciting new projects can email at [email protected].

What is Jeff Bezos “Day 1” philosophy?

“The outside world can push you into Day 2 if you won’t or can’t embrace powerful trends quickly. If you fight them, you’re probably fighting the future. Embrace them and you have a tailwind”—Jeff BezosDay 1A recent Security and Exchange Commission (SEC) filing, Amazon Exhibit 99.1 statement [1] is really quite interesting. Also known as the 2016 Letter to Shareholders, Jeff Bezos sketched out a philosophy that he calls “Day 1” and “Day 2”. This idea came about in the very early days of Amazon. He occupied a building called “Day 1”, named as a reminder that the company should always be in “Day 1” mode. Jeff sees "Day 2″ a stasis or worse the reversal of the “Day 1” concept followed by irrelevance. Followed by excruciating, painful decline. Followed by death.This idea has become a bit of folklore inside of Amazon. Jeff’s attention to the “Day 1 concept” is credited to much of Amazon’s success. “Day 1” has become something of a legend.Here is a summary of the concept:Focus on results and not processJeff explained that as a company grows, it becomes easy to rely on process rather than the result. In that case, the process becomes "the thing,". When that happens, sometimes companies stop looking at outcomes and only consider whether they have followed the process correctly, not whether the desired outcome was achieved.Make decisions quicklyJeff wrote that “Day 2” companies do actually make good decisions, but the problem is they make them slowly. He wrote that start-ups have no problem making high-quality, high-velocity decisions, but large organizations struggle with doing the same. He stated: “The senior team at Amazon is determined to keep our decision-making velocity high, Speed matters in business— plus a high-velocity decision making environment is more fun too."To make that happen, the “Day 1″ process has a "disagree and commit” system for employees. The idea is that not everyone will agree on a decision, but it's still possible for people who disagree to work toward the same goal. He mentioned not being sure a proposed Amazon Prime television series, partly because of his level of interest in it, and partly because of the business terms of the deal. He said: “ I had a completely different opinion and wanted to go ahead. I wrote back right away with 'I disagree and commit and hope it becomes the most watched thing we've ever made,' " he wrote. "Consider how much slower this decision cycle would have been if the team had actually had to convince me rather than simply get my commitment."Look outside the companyThe most telling insight into the “Day 1” philosophy is: "The outside world can push you into Day 2 if you won't or can't embrace powerful trends quickly, if you fight them, you're probably fighting the future. Embrace them and you have a tailwind.” He presents that that big trends are not that hard to spot, but many times large companies have trouble embracing what is happening. He noted that the world is currently involved in a major trend involving machine learning and artificial intelligence. This is also the reason the Echo/Alexa systems are some of the fastest growing and highest selling Amazon products in history. He stated “We still struggle to keep Echo in stock, despite our best efforts. A high-quality problem, but a problem. We’re working on it”.Amazon has also embraced this trend in a number of ways, including experiments like its delivery drones and the Amazon Go convenience store, which uses machine vision to eliminate checkout lines. Jeff stated: "Machine learning drives our algorithms for demand forecasting, product search ranking, product and deals recommendations, merchandising placements, fraud detection, translations, and much more, though less visible, much of the impact of machine learning will be of this type -- quietly but meaningfully improving core operations”.Market ResearchJeff wrote: “Another example: market research and customer surveys can become proxies for customers – something that’s especially dangerous when you’re inventing and designing products. ‘Fifty-five percent of beta testers report being satisfied with this feature. That is up from 47% in the first survey.’ That’s hard to interpret and could unintentionally mislead”. This premise is also some of the ideas that drove Steve Jobs at Apple. It most certainly informs how Amazon is building the Voice First revolution. I wrote about the 1,000 person army Jeff has created, just for Alexa [2].The “Day 1” ManifestoThe “Day 1” concept forms the basis of the Amazon manifesto. I find this to be one of the best shareholder letters I have ever read, and I have read many over the decades. The driving goals are not just words, but fully activated concepts used inside of Amazon everyday. This is a rare peek inside the mind that has crafted these concepts for over 20 years.Here is the Amazon Exhibit 99.1 statement for the SEC and it connects the original Exhibit 99 filed during the original IPO of the company in 1997:“Jeff, what does Day 2 look like?”That’s a question I just got at our most recent all-hands meeting. I’ve been reminding people that it’s Day 1 for a couple of decades. I work in an Amazon building named Day 1, and when I moved buildings, I took the name with me. I spend time thinking about this topic.“Day 2 is stasis. Followed by irrelevance. Followed by excruciating, painful decline. Followed by death. And that is why it is always Day 1.”To be sure, this kind of decline would happen in extreme slow motion. An established company might harvest Day 2 for decades, but the final result would still come.I’m interested in the question, how do you fend off Day 2? What are the techniques and tactics? How do you keep the vitality of Day 1, even inside a large organization?Such a question can’t have a simple answer. There will be many elements, multiple paths, and many traps. I don’t know the whole answer, but I may know bits of it. Here’s a starter pack of essentials for Day 1 defense: customer obsession, a skeptical view of proxies, the eager adoption of external trends, and high-velocity decision making.True Customer ObsessionThere are many ways to center a business. You can be competitor focused, you can be product focused, you can be technology focused, you can be business model focused, and there are more. But in my view, obsessive customer focus is by far the most protective of Day 1 vitality.Why? There are many advantages to a customer-centric approach, but here’s the big one: customers are always beautifully, wonderfully dissatisfied, even when they report being happy and business is great. Even when they don’t yet know it, customers want something better, and your desire to delight customers will drive you to invent on their behalf. No customer ever asked Amazon to create the Prime membership program, but it sure turns out they wanted it, and I could give you many such examples.Staying in Day 1 requires you to experiment patiently, accept failures, plant seeds, protect saplings, and double down when you see customer delight. A customer-obsessed culture best creates the conditions where all of that can happen.Resist ProxiesAs companies get larger and more complex, there’s a tendency to manage to proxies. This comes in many shapes and sizes, and it’s dangerous, subtle, and very Day 2.A common example is process as proxy. Good process serves you so you can serve customers. But if you’re not watchful, the process can become the thing. This can happen very easily in large organizations. The process becomes the proxy for the result you want. You stop looking at outcomes and just make sure you’re doing the process right. Gulp. It’s not that rare to hear a junior leader defend a bad outcome with something like, “Well, we followed the process.” A more experienced leader will use it as an opportunity to investigate and improve the process. The process is not the thing. It’s always worth asking, do we own the process or does the process own us? In a Day 2 company, you might find it’s the second.Another example: market research and customer surveys can become proxies for customers – something that’s especially dangerous when you’re inventing and designing products. “Fifty-five percent of beta testers report being satisfied with this feature. That is up from 47% in the first survey.” That’s hard to interpret and could unintentionally mislead.Good inventors and designers deeply understand their customer. They spend tremendous energy developing that intuition. They study and understand many anecdotes rather than only the averages you’ll find on surveys. They live with the design.I’m not against beta testing or surveys. But you, the product or service owner, must understand the customer, have a vision, and love the offering. Then, beta testing and research can help you find your blind spots. A remarkable customer experience starts with heart, intuition, curiosity, play, guts, taste. You won’t find any of it in a survey.Embrace External TrendsThe outside world can push you into Day 2 if you won’t or can’t embrace powerful trends quickly. If you fight them, you’re probably fighting the future. Embrace them and you have a tailwind.These big trends are not that hard to spot (they get talked and written about a lot), but they can be strangely hard for large organizations to embrace. We’re in the middle of an obvious one right now: machine learning and artificial intelligence.Over the past decades computers have broadly automated tasks that programmers could describe with clear rules and algorithms. Modern machine learning techniques now allow us to do the same for tasks where describing the precise rules is much harder.At Amazon, we’ve been engaged in the practical application of machine learning for many years now. Some of this work is highly visible: our autonomous Prime Air delivery drones; the Amazon Go convenience store that uses machine vision to eliminate checkout lines; and Alexa,1 our cloud-based AI assistant. (We still struggle to keep Echo in stock, despite our best efforts. A high-quality problem, but a problem. We’re working on it.)But much of what we do with machine learning happens beneath the surface. Machine learning drives our algorithms for demand forecasting, product search ranking, product and deals recommendations, merchandising placements, fraud detection, translations, and much more. Though less visible, much of the impact of machine learning will be of this type – quietly but meaningfully improving core operations.Inside AWS, we’re excited to lower the costs and barriers to machine learning and AI so organizations of all sizes can take advantage of these advanced techniques.Using our pre-packaged versions of popular deep learning frameworks running on P2 compute instances (optimized for this workload), customers are already developing powerful systems ranging everywhere from early disease detection to increasing crop yields. And we’ve also made Amazon’s higher level services available in a convenient form. Amazon Lex (what’s inside Alexa), Amazon Polly, and Amazon Rekognition remove the heavy lifting from natural language understanding, speech generation, and image analysis. They can be accessed with simple API calls – no machine learning expertise required. Watch this space. Much more to come.High-Velocity Decision MakingDay 2 companies make high-quality decisions, but they make high-quality decisions slowly. To keep the energy and dynamism of Day 1, you have to somehow make high-quality, high-velocity decisions. Easy for start-ups and very challenging for large organizations. The senior team at Amazon is determined to keep our decision-making velocity high. Speed matters in business – plus a high-velocity decision making environment is more fun too. We don’t know all the answers, but here are some thoughts.First, never use a one-size-fits-all decision-making process. Many decisions are reversible, two-way doors. Those decisions can use a light-weight process. For those, so what if you’re wrong? I wrote about this in more detail in last year’s letter.Second, most decisions should probably be made with somewhere around 70% of the information you wish you had. If you wait for 90%, in most cases, you’re probably being slow. Plus, either way, you need to be good at quickly recognizing and correcting bad decisions. If you’re good at course correcting, being wrong may be less costly than you think, whereas being slow is going to be expensive for sure.Third, use the phrase “disagree and commit.” This phrase will save a lot of time. If you have conviction on a particular direction even though there’s no consensus, it’s helpful to say, “Look, I know we disagree on this but will you gamble with me on it? Disagree and commit?” By the time you’re at this point, no one can know the answer for sure, and you’ll probably get a quick yes.This isn’t one way. If you’re the boss, you should do this too. I disagree and commit all the time. We recently greenlit a particular Amazon Studios original. I told the team my view: debatable whether it would be interesting enough, complicated to produce, the business terms aren’t that good, and we have lots of other opportunities. They had a completely different opinion and wanted to go ahead. I wrote back right away with “I disagree and commit and hope it becomes the most watched thing we’ve ever made.” Consider how much slower this decision cycle would have been if the team had actually had to convince me rather than simply get my commitment.Note what this example is not: it’s not me thinking to myself “well, these guys are wrong and missing the point, but this isn’t worth me chasing.” It’s a genuine disagreement of opinion, a candid expression of my view, a chance for the team to weigh my view, and a quick, sincere commitment to go their way. And given that this team has already brought home 11 Emmys, 6 Golden Globes, and 3 Oscars, I’m just glad they let me in the room at all!Fourth, recognize true misalignment issues early and escalate them immediately. Sometimes teams have different objectives and fundamentally different views. They are not aligned. No amount of discussion, no number of meetings will resolve that deep misalignment. Without escalation, the default dispute resolution mechanism for this scenario is exhaustion. Whoever has more stamina carries the decision.I’ve seen many examples of sincere misalignment at Amazon over the years. When we decided to invite third party sellers to compete directly against us on our own product detail pages – that was a big one. Many smart, well-intentioned Amazonians were simply not at all aligned with the direction. The big decision set up hundreds of smaller decisions, many of which needed to be escalated to the senior team.“You’ve worn me down” is an awful decision-making process. It’s slow and de-energizing. Go for quick escalation instead – it’s better.So, have you settled only for decision quality, or are you mindful of decision velocity too? Are the world’s trends tailwinds for you? Are you falling prey to proxies, or do they serve you? And most important of all, are you delighting customers? We can have the scope and capabilities of a large company and the spirit and heart of a small one. But we have to choose it.A huge thank you to each and every customer for allowing us to serve you, to our shareowners for your support, and to Amazonians everywhere for your hard work, your ingenuity, and your passion.As always, I attach a copy of our original 1997 letter. It remains Day 1.Sincerely,Jeff[1] EX-99.1[2] Jeff Bezos and his 1,000-person Alexa army are building the future

Can an employee's contribution be withdrawn from a PF in the case of illness?

Whether EPF Withdrawal is from Employer or Employee contribution depends on the reason for which EPF Withdrawal is being done. For example, for Illness one can withdraw 6 times of monthly basic Wages + DA OR Full of Employee share (whichever is less)How much can one withdraw from PF account while workingThe EPFO or Employees' Provident Fund Organisation allows subscribers to partially withdraw or take advance from their provident fund accumulation in some cases. An overview of it is shown below from our article EPF Partial Withdrawal or Advance: Process, Form, How muchAn employee can withdraw up to 6 months of his basic and DA or his/her entire contribution, whichever is least for treatment of his/her own illness or treatment of family members. No specific membership period is required for this purpose.How to withdrawStep 1 is to log on to the UAN portal and enter your details.Step 2 is to check whether the KYC details seeded are correct and verified or not. All your KYC should be approved by your employer/Aadhaar should be authenticated and verified.The date of joining and date of exit (last date of employment) should be available in the EPFO database.Bank Account details and the IFSC Code of the branch as transfer would be online.Go to the 'Online Services' tab on the main menu of the home page and select 'Claim' to generate an online request for advance.Step 3 is to select the claim you require out of the 3 namely, full PF Settlement, PF Part withdrawal (loan / advance) or EPS withdrawal as shown in the image below. if someone is applying online for EPF partial withdrawal i.e. loan/advance one doesn’t need to submit any documents along with. The image below shows the Form to be filledAfter you fill the address details, you have to sign the disclosure by clicking on the left-hand box on the bottom of the box. Once you click on the box, "Get Aadhaar OTP" tab will be visible on the screen, which need to be clicked for generating an one time password to authenticate the online advance request. You have to enter the OTP in the box provided below and click on "Validate OTP and Submit Claim Form" to complete the online EPF advance application process.

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