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 Startup Accelerator program is supported by Atal Innovation Mission, NITI Aayog, NSTEDB, DST - Govt of India.
Amrita TBI is a non-profit technology business incubator supported by DST - Govt of India and Amrita Vishwa Vidyapeetham, which fund, mentor and nurture ideas, startups, and entrepreneurs. In 2017, Amrita TBI received the National Award for being the Best Technology Business Incubator in the country. Amrita TBI is listed among the Top-5 most prolific startup incubators in the country by The Economic Times.
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. Apply Here »
SUBMISSION DEADLINE: August 31, 2017
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.The startups can raise funding from the invited external investors and Amrita TBI on the Demo Day.
Amrita TBI will not take equity from the startups for joining the accelerator program.
Startups can apply online. 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 and the shortlisted startups will be announced on September 9, 2017.
The shortlisted startups will be invited to pitch to the selection review committee. The Top-10 startups will be selected for the Accelerator program, These Top-10 startups will also be incubated by Amrita TBI.
The Accelerator program will run in a structured manner from October 16, 2017 to January 24, 2018.
All Top-10 startups will pitch in front of an elite panel of investors and C-Level executives. The Top-3 startups will receive direct investment from Amrita TBI. All startups are eligible for varied amounts of investments from the investor panel.