Amrita TBI Accelerator is a 6 month fast paced program for Information Technology startups (software startups), with the mix of best practices to help early stage start-ups evolve into successful ventures. The Accelerator Program is supported by SAMRIDH, MeitY Startup Hub, Ministry of Electronics and Information Technology, Government of India. The startups can raise funding from the invited external investors and Amrita TBI on the Demo Day. The total investment outlay is
$500,000 USD. Submission Deadline Aug 20th, 2022.
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: Amrita TBI Accelerator is a virtual program, Startups can operate virtually from their office. Startups have to attend initial sessions at Amritapuri (Kollam, Kerala) office of Amrita TBI.
We accept Information Technology startups (software 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 Now
The total investment outlay is upto $500,000 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 (SAFE).
The last date for submission of applications is Aug 20, 2022. 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.
The shortlisted startups will be invited for an online pitch to the accelerator selection committee. The top startups will be selected for the Startup Acceleration Program. These top startups will be also incubated by Amrita TBI.
The Amrita TBI Startup Accelerator program is a fast paced program that will focus on customer development, go-to-market strategy and make the startup fundable-ready by Demo Day. All teams will be directly mentored by world class mentors, external partners and the Amrita TBI team.
All eight startups will be pitching in front of an elite investor panel, MeitY Startup Hub executives, C-Level executives and Amrita TBI for possible investments. The total investment outlay is $500,000 USD.
The final startups selected on the demo day will receive investments of upto Rs 50 Lakhs or more from:
1, Investors (Angels and VCs)
2, Amrita TBI
3, MeitY Startup Hub (matching fund of up to Rs.40 Lakhs with an average of Rs.30 Lakhs per startup).
Support services provided for startups during the program:
The total investment outlay is upto $500,000 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.
Incubation and co-working spaces in Kollam, Bengaluru and Coimbatore with access to 100+ cutting edge multidisciplinary labs at Amrita Vishwa Vidyapeetham.
No tax for revenue upto INR 50 lakhs per year for a period of 3 years.
Access to VCs and angel investors for scaled funding.
Amrita TBI mentorship program brings in both national mentors and international mentors from Silicon Valley & Singapore with varied experience across multiple domains and sectors.
Large pool of engineering and management students from Amrita Vishwa Vidyapeetham -India's no 1 private university.
CEO, NITI Aayog
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