iAccelerator 2012


iAccelerator program is designed to equip technology entrepreneurs in Internet & Mobile domain to establish well run, technically excellent and profitable companies in India. Our experience, network and capital ensure that the iAccelerator companies have a better chance at success.

It is three month long residential program. Selected startups move to CIIE @ IIM-A for period of three month. During these time, the program will provide infrastructure, business and investment related mentoring to these startups. The program ends in demo day, where early stage investors, entrepreneurs, mentors and media is invited. iA startups will present their business plan on demo day.

The program provides:

Rs. 5 Lacs in seed funding
office space and other infrastructure support during the bootcamp
mentoring from our team and industry exerts to develop prototype, designing user interface, acquire initial customers, brainstorm business models and much more
common ground to interact with like-minded hackers and start-ups
chance to showcase prototype/product in front of early stage investors on demo day

During boot camp, experts in field of technology entrepreneurship are invited to talk to iAccelerator startups during the boot camp. Startups get specific, one-on-one help in area of technology, product management, user experience and interface design, sale & marketing, customer acquisition, business model innovation, legal, incorporation and much more.

The boot camp helps startups in building impressive product or prototype. If they already have a product in place, it helps in fine-tuning and acquiring initial customers. The purpose of the boot camp is to prepare startup for the next round of funding as much as possible by helping in building prototype/product, acquiring initial customers and innovating disruptive business models.

The last month of the program is focused on venture capital funding, preparing presentation for demo day and meeting with angels and early stage investors, workshops around financial modeling and understanding term-sheets. We work with startups in short listing investors that are best suitable for their business. On demo day, iAccelerator startups present their business plan in front of early stage angel and VC investors. The demo day provides an unmatchable opportunity to iAccelerator startups and increase their chance of securing next round of funding by multifold.

Centre for Innovation Incubation and Entrepreneurship @ IIM-A

iAccelerator is an initiative of Centre for Innovation Incubation and Entrepreneurship. CIIE is set up at Indian Institute of Management Ahmedabad (IIMA) to foster innovation driven entrepreneurship in India. We are a team who is passionately committed to helping disruptive innovations and aspiring entrepreneurs succeed commercially. We know that it takes more than just early stage risk-capital to get a company off the ground – we enable most of what may be required by entrepreneurs through seed-funding, incubation, mentoring, training, knowledge dissemination and best practice research.

Registration has been started from 1st july 2012.

for more details: www.iaccelerator.org

Mohit Bansal(23) is B.Tech in Electronics and Communication Engineering from Indian School of Mines, Dhanbad, India. He has interest in business and entrepreneurship and has published couple of research articles. He is also associated with various NGOs. He is with Techaloo when it was just in concept stage. The Techaloo site was not existing even then. Currently Mohit is working with Mu Sigma as a Business Analyst Profile.

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