Interested startups can apply for the program by submitting their application at https://applications.preseedaccelr.com/ along with all the requested details and documents.
The application will undergo a multi-step process and will be evaluated in three stages based on the various aspects of the information you provide. Startups that pass the three-stage screening process will present before the Investment Committee.
The deadline to apply for the accelerator program is 11:59 PM IST on 8th Oct, 2023.
The programme is intended for pre-revenue / pre-PoC startups with an MVP in place. The programme is ideal for an IP-led solution in climate tech and related domain* that is 2-3 months away from its first PoC.
*Related Domain –
Supply chain – Carbon footprint reduction across supply chain
Agri tech – Improving yield, efficiency, profitability and reduced use of fertilizers and pesticides
EdTech – Solutions spreading awareness at ground level
Industry 4.0 – Industrial automation and waste reduction
The programme is intended to assist founders in the pre-revenue stage in developing a successful business:
1. Founders struggle to raise capital before generating revenue. PreSeed Accelerator allows them to form early partnerships with specialised domain-focused funds.
2. Market entry is difficult, whether for a first-time or experienced founder. Through structured milestone-based planning and warm introductions, this programme aids in breaking the ice.
3. By the founder, For the founder- The programme assists you in bringing on a successful founder as a mentor for life.
Founders must be present for 30 days and virtually available for 60 days during the 100-day programme. Founders must commit 6-8 hours per week during the virtual phase. The in-person phase of the programme would include one month of orientation and milestone setting with investing partners, brainstorming with peers, initial meetings with identified prospects, and other areas where personnel repo and physical presence matters in long run.
An in-person and virtual demo day with 100+ institutional funds, family offices, angels, HNIs, etc. looking to invest in promising businesses concludes the Program. Startups will continue to work with domain experts and mentors after the programme on mutual convenience basis.
Essentially we are a Deep tech supporting ecosystem, however we do support Intellectual Property Lead startups too.