Do you have a great innovative idea or product and are looking for funding?
It’s time to gear up with your applications for the 7th edition of Amrita TBI Pitchfest– a platform for startups to showcase their ideas, qualify to receive a total seed investment up to USD 200,000 and get affordable coworking space at Amrita TBI.
The past editions of Amrita TBI Pitchfest received a massive support from startups, investors, partners, experts and enthusiasts. Amrita TBI Pitchfest 2018 was inaugurated by Shri Amitabh Kant, CEO, NITI Aayog, Government of India through video conference. Entrepreneurs and investors including R. Natarajan, COO and CFO of RNT Capital Ventures, and M Janakiraman, CEO, Matrimony.com also participated in the event.
Amrita TBI Pitchfest, a unique initiative by Amrita TBI is supported by Govt. of India and Amrita Vishwa Vidyapeetham, to find the most promising startups in India. In 2017, Amrita TBI won the National Award for the Best Technology Business Incubator in India that was conferred by the President of India.
Total seed investment outlay up to USD 200,000.
SUBMISSION DEADLINE: December 29, 2019
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 at the 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:
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.