APPLICATION & INTERVIEW
Once we receive the applications, a thorough screening process will commence to select the most suitable startups that match our program's criteria. The review will be comprehensive and consider a range of factors, including the startup's business model, market potential, team, and alignment with our program's goals.
EVALUATION & SELECTION
The selection pitch is an opportunity for each startup to showcase their strengths and demonstrate how they align with our program's objectives. During this stage, our panel of experts will evaluate each startup and make a final determination of which ones will be selected for the program.
PROCESS & TIMELINE
The deadline for applications for each cohort is strictly enforced, and we advise all interested startups to submit their applications as early as possible. This is because we have limited seats available, and we evaluate each application carefully and thoroughly before making a final decision.
A revenue generating startup with a minimum operational duration of six months
A validated Proof of concept
Revenue generating startup
A Minimum Viable Product (MVP) successfully launched into the market
The start-up must have a DPIIT (Department for Promotion of Industry and Internal Trade) registration.
The startup should have the potential to grow rapidly with 2x to 10x
A strong and committed founding team with complementary skills, experience, and expertise is a must to take part in the Startup Accelerator Program.
Start-ups applying may be registered under either of the following forms of a business entity: Private Limited Company (under The Companies Act, 2013) OR Registered Partnership Firm(under The Indian Partnership Act, 1932)
A Limited Liability Partnership (under The Limited Liability Partnership Act, 2008) OR A Commercial Establishment in any other form allowed by Government of India laws or as notified in the Official Gazette.
Frequently Asked Questions
The program covers: a) Level1 – INR 1 lakh (+GST 18%) for Startups seeking Investments upto $250K
b) Level 2 – INR 6 lakhs (+GST 18%) for Startups seeking Investments between $250k-$2Mn
c) Level 3 – INR 12.5 lakhs (+GST 18%) for Startups seeking Investments above $2Mn