Amrita TBI Accelerator is a 100 day fast paced program with the mix of best practices to help early stage start-ups evolve into successful ventures. The startups can raise funding from the invited external investors and Amrita TBI on the Demo Day. The Startup Accelerator program is supported by Atal Innovation Mission, NITI Aayog and NSTEDB, Department of Science and Technology, Government of India.
Amrita TBI Accelerator program is designed to be a great Launchpad for the idea/prototype/product. The program allows idea validation, iteration, building of customer development models, enhancing the business models and building a go-to-market strategy. In the end, the startup should be fundable-ready by Demo-Day.
Location: Amritapuri (Kollam, Kerala) and Bangalore offices of Amrita TBI.
We accept startups across all stages of development- from idea stage through the initial few customers. Accepted startups could have just an idea, built the first prototype or have a finished product with the initial set of customers
The total seed investment from Amrita TBI for the Top-3 startups is $100,000 USD. Additionally, all startups that participate in the accelerator program, will be eligible for varied amounts of investments from the investor panel.Funding is provided in the format of loan and/or equity.
Amrita TBI will not take equity from the startups for joining the accelerator program.
Applications will be accepted from June 28, 2017.The last date for submission of applications is August 31 2017. Participants are requested to complete a simple online form that explains the problem they are trying to solve, the uniqueness of their solution, value proposition, competitive advantage etc. Additional materials to support the case are welcome.
Applications will be reviewed in the months of August - September. Applicants will be contacted if there are any questions related to their applications.
The shortlisted startups will be invited to pitch to an elite panel of investors and C-level executives at Amrita TBI, Bangalore.The Top-10 startups will be selected for the Startup Accelerator program, These Top-10 startups will be also incubated by Amrita TBI. Accelerator Programme The Amrita TBI Startup Accelerator program is a 100-day fast paced program that will focus on customer development, go-to-market strategy and make the startup fundable-ready by Demo Day. All teams will be directly mentored by world class mentors, external partners and the Amrita TBI team.
All Top-10 startups will be pitching in front of elite investor panel and C-Level executives for possible investment. The Top-3 startups will receive direct investment from Amrita TBI. The total investment outlay from Amrita TBI for the Top-3 startups is up to $100,000 USD.
The total seed investment from Amrita TBI for the Top startups is $100,000 USD. Additionally, all startups that participate in the accelerator program, will be eligible for varied amounts of investments from the investor panel. Funding is provided in the format of loan and/or equity.
Incubation and co-working spaces in Kollam, Bengaluru and Coimbatore with access to 100+ cutting edge multidisciplinary labs at Amrita Vishwa Vidyapeetham.
No tax for revenue upto INR 50 lakhs per year for a period of 3 years.
Access to VCs and angel investors for scaled funding.
One of the six startup incubators in India selected to be made world class. Be a part of a world class startup incubator supported by NITI-Aayog.
Amrita TBI mentorship program brings in both national mentors and international mentors from Silicon Valley & Singapore with varied experience across multiple domains and sectors.
Large pool of engineering and management students from Amrita Vishwa Vidyapeetham -India's no 1 private deemed to be university.
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