Amrita TBI Accelerator

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.

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.

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.

Who can apply?

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

Funding

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.

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 Sep 9.
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 Oct 16th to Jan-24.
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.

Benefits

All selected startups will be part of Amrita TBI’s incubation program and can avail many of the benefits listed below:

Funding

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.

Co-working Locations

Incubation and co-working spaces in Kollam, Bengaluru and Coimbatore with access to 100+ cutting edge multidisciplinary labs at Amrita University.

GST exemption

No tax for revenue upto INR 50 lakhs per year for a period of 3 years.

NITI-Aayog

One of the six incubators in the country selected to be made world class. Be a part of a world class incubator supported by NITI-Aayog.

VC network

Access to VCs and angel investors for scaled funding.

Mentorship

The program brings in both national mentors and international mentors from Silicon Valley & Singapore with varied experience across multiple domains and sectors.

Discounted Services

  • $1000 credit from AWS for Amrita TBI Incubated startups and $5000 credit for funded startups
  • $3000 credit from Digital Ocean for Amrita TBI Incubated startups
  • Discount from a host of partners for accounting, legal services etc. Vakil Search will provide 20% discount for leagal services.

Internship pool

Large pool of engineering and management students from Amrita University -India's no 1 private university.

  • Specific support provided during the Accelerator program:
  • Quick testing and iteration of products
  • Mentors in key domains (Technology, Strategy, Product Development, Marketing etc.)
  • Regular engagement with Investors
  • Visit to start-up offices and interaction with Founders
  • Access to international markets through partnered incubators
  • Funding opportunities on Demo Day

Structured mentorship will be provided to all teams through a diverse set of technical and business mentors from India and Silicon Valley, USA. Intensive sessions and one-on-one metorship will be provided throughout the program. Technical mentorship will be provided in the areas of web technologies, mobile, software development, IoT, hardware, engineering architecture, product development etc. In business mentorship, startups will be guided on problem definition, customer discovery, strategy, customer development, unit economics, marketing, revenue models, financial forecasts etc.

National Award for Amrita Technology Business Incubator
May 13th, 2017 | Delhi

Amrita Technology Business Incubator Wins National Award for Being the Best.The ‘National Award for Technology Business Incubator’ from the Department of...

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Preksh makes it to K-Startup Grand Challenge Top 40
17 August 2016 | Amritapuri

More than 2-thousand startups from 124 countries engaged in the so-called Fourth Industrial Revolution,

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Networking is the key to success for entrepreneurs: Krishnashree Achuthan
03 August 2016 | Kochi

KOCHI: It is important to build the right kind of partners and networks that can help a startup during its initial phase of..

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Ghar Se Naukri makes it to Red Herring’s Asia Top 100 Finalists
August 23rd, 2016 | Amritapuri

Amrita TBI is proud to announce that one of our incubatee companies, Ghar Se Naukri has been short-listed for Red...

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Amrita Accelerator is a 100 days fast paced program with the mix of best practices, to help early stage start-ups evolve into successful ventures. The Accelerator program is supported by Atal Innovation Mission, NITI Aayog and NSTEDB, Department of Science and Technology, Government of India.

Amrita TBI is a non-profit incubator supported by Govt. of India and Amrita University that funds, mentors and nurtures ideas, startups and entrepreneurs. Amrita TBI is one of the six incubators that will be made world-class under the AIM, NITI-Aayog program.

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 incubators in the country by The Economic Times.

Amrita TBI has incubated 76 startups, mentored 200+ startup ideas and has zero loss from its investments.

Amrita TBI will select 8-10 startups per batch.

Amrita Accelerator program is designed to be a great Launchpad for your idea/prototype/product. The program brings in both national mentors and international mentors from Singapore &Silicon Valley with varied experience across multiple domains and sectors. They have been executives at Fortune 500 companies, built startups and products with local and global appeal. The program allows you to validate your idea, iterate as needed, build a customer development model, enhance your business models, build a go-to-market strategy. In the end, the startup should be fundable-ready by Demo-Day.

Amrita Accelerator program will run from the Amrita TBI incubation center in Kollam, Kerala. During the program, the startups will be encouraged to visit other locations as needed (in a structured manner) to assess their customer requirements, build customer leads/sales etc. The startups can also operate from the Amrita TBI incubation center in Bangalore during the planned visits.

All startups that are part of the Amrita Accelerator program can potentially raise funding during the program and Demo Day from invited investors and Amrita TBI. Though the quantum of funds from interested investors could vary based on the profile of the startups, Amrita TBI will provide a total investment outlay of $100,000 USD for the Top-3 startups after required due-diligence is completed.While we can’t guarantee any investment for your company at the end of the accelerator program, we will seek to understand your funding requirements and get you in front of potential investors on Demo Day.

We accept startups across all stages of development- from idea stage through the initial few customers. We have structured the program in such a way that startups irrespective of the stage will greatly benefit from the program. Though there are a few common sessions & workshops for all startups, each specific startup will be associated to a specific mentors and will receive individual mentorship during the program. These mentors will assess the progress you have made and suggest improvements and changes (if needed) to gain better market traction.

No, your Intellectual property is safe and it belongs to you. We have so far incubated 76 startups and worked with over 250 startup ideas with varying levels of IP.

The best way to reach us through email- info@amritatbi.com. You can alternatively call us at 476-280-5455

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contact Us

  • Kollam
    Amrita Vishwa Vidyapeetham
    5th Floor, Amritapuri Campus
    Amritapuri, Clappana P. O.
    Kollam - 690525
    Kerala

  • Bengaluru
    Amrita Technology Business Incubator
    Amrita School of Engineering
    Kasavanahalli, Carmelaram P.O
    Bengaluru - 560035
    Karnataka
  • +91(0) 70259 00047
  • +91(0) 476 280 5455

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