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 6th 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 incubation 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 2017 was inaugurated by Chief Guest Dr. N Manjula IAS, Director ITBT & Tourism- Govt of Karnataka in the presence of Shri. Hemal Patel – Senior Vice President -Sophos, Shri. Chinnu Senthil kumar – Exfinity Ventures, Br. Dhanraj – Director – Amrita Vishwa Vidyapeetham, Bangalore Campus and Dr. Krishnashree Achuthan – CEO, Amrita TBI.
The mega event was addressed by Shri Amitabh Kant, CEO, NITI Aayog, Government of India through video conference. 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 30, 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 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:
- A 10-minute time slot for pitching your idea.
- A 10-minute time slot for questions by the panel.
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.