- Partnership and Launch: SanchiConnect, a deeptech startup community, and YourNest Venture Capital have collaborated to launch an accelerator program specifically catering to deeptech hardware and software startups with Core IP.
- Objectives: The program aims to provide selected startups with essential resources, mentorship, and substantial funding of $500,000 each to accelerate their growth trajectory.
- Focus Areas: The accelerator program targets a wide array of cutting-edge technologies, including artificial intelligence/machine learning, augmented/virtual/mixed reality, autonomous systems, and more.
- Sector Inclusivity: Startups from diverse sectors such as agritech, biotech, energy, manufacturing, health tech, and media/entertainment are encouraged to apply.
- Program Components: The accelerator entails a 60-day intensive period focused on refining go-to-market strategies and fostering international collaborations. It culminates in a Demo Day for startups to showcase their innovations to potential investors globally.
- Application Process: Applications for the program will open on May 21 and close on June 9. The program will be conducted in major Indian cities, with roadshows held in deeptech hubs to engage directly with program organizers and mentors.
- Mentorship Opportunities: Participants will benefit from personalized mentorship sessions with successful founders and domain experts, providing valuable insights to navigate challenges and capitalize on opportunities.
- Leadership Statements: Girish Shivani, Executive Director and Fund Manager at YourNest, and Sunil Shekhawat, CEO of SanchiConnect, expressed their enthusiasm for the program’s potential to drive technological innovation and empower startups for success.
In a bid to foster innovation in deeptech hardware and software startups, SanchiConnect, a prominent deeptech startup community, has joined forces with YourNest Venture Capital to unveil an exciting new accelerator program tailored for startups with Core IP.
The accelerator program, aimed at nurturing promising startups in the deeptech space, offers a comprehensive package of resources, mentorship, and funding to propel their growth trajectory. With a significant upfront funding of $500,000 allocated to 5-8 selected startups, the program sets the stage for accelerated innovation and market penetration.
Central to the program is a rigorous 60-day curriculum focused on refining go-to-market strategies and fostering international collaborations. The culmination of this intensive journey will be a Demo Day, where startups will have the opportunity to showcase their groundbreaking innovations to a global audience of potential investors and stakeholders.
Girish Shivani, Executive Director and Fund Manager at YourNest, underscored the importance of providing startups with expedited funding to catalyze their growth. He expressed optimism about the program’s potential to drive technological innovation and contribute to the advancement of the startup ecosystem.
Sunil Shekhawat, CEO of SanchiConnect, echoed Shivani’s sentiments, emphasizing the program’s mission to empower startups with the necessary resources and support to accelerate their growth trajectory and make a tangible impact in their respective industries.
The accelerator program casts a wide net, focusing on a diverse range of cutting-edge technologies spanning artificial intelligence/machine learning, augmented/virtual/mixed reality, autonomous systems, electric vehicle/battery/charging systems, and more. It welcomes startups across various sectors, including agritech, biotech, energy, manufacturing, health tech, media/entertainment, and beyond.
Applications for the accelerator program are set to open on May 21 and close on June 9, with the program slated to take place across five major Indian cities: Mumbai, Hyderabad, Chennai, Bangalore, and Delhi. Roadshows will provide startups with invaluable opportunities to engage directly with program organizers and mentors, fostering collaboration and knowledge exchange.
Participants can look forward to personalized mentorship sessions with successful founders and domain experts, offering invaluable insights and guidance to navigate challenges and capitalize on opportunities. With the launch of this accelerator program, SanchiConnect and YourNest VC are poised to play a pivotal role in nurturing the next generation of deeptech pioneers and driving technological innovation forward.
