* Selected Startups will get grant of Rs 60,000/-
Innovate Delhi is a six week boot camp organised at IIIT-Delhi to provide an opportunity to early stage start ups to hone their business propositions and pitch before angel investors at the end of the program. Selected start ups would also be able to secure incubation at the Incubation Centre,IIIT Delhi.The program would provide support in terms of stipend, hostel accommodation, and basic infrastructure to work on their propositions.
The 10 selected startups (min 2 to max 5 team members) will move to New Delhi for 6 weeks in summer of 2016, during which the team of eminent startup founders and industry experts will work intensively with each one of them to get the startup into best possible shape to bring the best pitch to carefully-selected invite-only investors on Pitch Day.
Innovate Delhi’s real draw is an unmatchable entry into the otherwise closed world of high-stakes entrepreneurship. Over a period of 6 weeks, enrollees network with some of the industry’s most powerful investors and innovators as the startups attempt to turn their ideas into full-fledged businesses. And, at the end of the tenure, the startups get to participate in Pitch Day during which they present their plans to venture capitalists and angel investors.
Chief Evangelist for ProductNation.in
Tech Enterpreneur and Startup Theorist
We are looking for sector agnostic innovative startups that are not financially/ machinery/ land intensive.
If you are already working on your idea and looking forward to raise funds, then Innovate Delhi is for you.
The six-week program covers mentorship and interactions with mentors in three sub-heads
- Product (understanding customer segments, problem and solution),
- Traction (understanding marketing channels, sales pitch etc) and
- Investor pitch (understanding overall business plan, competitive analysis, financial projections)