Amrita TBI PitchFest is a platform for startups to showcase their ideas, qualify to receive a total seed investment up to $200,000 and get incubation space at Amrita TBI. Pitchfest is a unique initiative by Amrita TBI and partnered by Government of India, Amazon Web Services, Ankur Capital, Yourstory and Freshers World to find the most promising startups in India.
Amrita TBI is a non-profit technology business incubator supported by DST, Government of India and Amrita Vishwa Vidyapeetham. We fund, mentor and nurture ideas, startups, and entrepreneurs.
Total seed investment outlay up to USD 200,000.
SUBMISSION DEADLINE: January 7, 2017
STEP 1: 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.
STEP 2: Amrita TBI PitchFest event will be held over two days (28th and 29th January 2017) at the Bangalore campus of Amrita Vishwa Vidyapeetham. On Day-1, the top 30 selected startups will go through a half-day mentorship program followed by a selection of the top startups. On Day-2, the top startups will pitch in front of an elite panel of investors and C-level executives.
The format of Amrita TBI PitchFest will comprise of two parts for a total of 20 minutes:
Qualified startups will be selected for the Amrita Accelerator program and will be informed separately. To know more about the Amrita Accelerator program, please click here.
STEP 3: Top three contenders will be announced and will qualify for a total seed investment of USD 200,000 by Amrita TBI.
STEP 4: Amrita TBI will complete the required due-diligence on the finalists and provide seed investments for qualified startups. Amrita TBI will provide infrastructure and incubation services at low cost across three cities- Bengaluru, Coimbatore, and Kollam. The startups can also opt to be a virtual incubatee and can operate from anywhere in India.
All non-finalists have the opportunity to avail incubation facility at any of Amrita TBI locations.