Deadline: 17-Oct-22
AIC-JKLU is inviting applications for the Longevity Economy Accelerator Program to specifically support Agetech or Eldercare startups.
Longevity Economy Accelerator-Incubation Program (LEAP) in collaboration with the partner Samarth Life Management Pvt. Ltd. (SAMARTH), a leading organization with a strong presence across the areas of longevity economy in India.
It is India’s first initiative to focus on this significant and rapidly growing sector, which encompasses products and services in health, media, consumer durables and non-durables, finance, entertainment, professions, and many more areas where the elderly are the major consumers or customers. This initiative will concentrate on fostering start-ups in this rapidly expanding market. Through SAMARTH’s participation, chosen companies will have –
- Access to unique insights
- Experiential learnings
- Supplier and ecosystem connections, and, most importantly
- A big, engaged customer base for quick pilots, trials, Marketing, and media support for go-to-Market.
Focus Areas
- Health
- Devices
- Entertainment
- Fin-Tech
- Any other relevant Sector.
Program Top Features
- Using milestone-based targets, the failure rate is reduced.
- Assists startups in identifying critical obstacles on their way to success.
- Facilitates the necessary connections and cooperation for success.
- Measures the progress of a startup using key indicators and indices.
- Get deep insights into the market
- Immediate access to customer bases for go to market
- Finetune your B-Model
- Rapid pilot & MVP testing
- Structural program for building your start-up
- Leading specialists to provide structured, relevant, and outcome-driven advice on the startups’ and program team’s business goals.
Benefits
- Chance To receive seed support up TO 50 Lacs.
- Access to Pilot/Market survey oppornmitywith Painters
- Investor Connect and Intense mentoring from a large pool of Industry expert
- Access, around 1.00.000+ Customers.
- Access to nanupsapport servion womb USDasocoaott world.class labs
- Business development support.
- Access to Business Acceleration Workshops, Networking and Partnership opportunities.
- Assistance in core business operations & getting IPR.
Some Other Benefits
- Free of cost one-time detailed market research/ study
- Free of cost Market access of one time MVP/prototype testing
- The Free credits for Amazon AWS, Zoho for Startups other technological resources are worth approx. $ 5,000.
- Targeted investment through program partners (Samarth & info edge ventures).
Why LEAP
- Special Designed Program: LEAP is a specially designed program to support the creation of these new products & services and experiences for the trillion-dollar global sector of elderly living.
- Huge Opportunity: LEAP creates huge opportunities for start-ups to create products, services, and experiences to satisfactorily address the needs of more than 25% of their population. (Population of Age 60+).
- Business Growth: LEAP aims to support business growth through direct-to-consumer marketing expertise, strategic partners, Global presence, synergies across portfolio companies, and an engaged network of target audience and final consumers.
Eligibility Criteria
- Startup making any customized solution for Elders
- Startup should be a registered entity (A Pvt. Ltd. entity will get preference).
- The startup should solve a ethical national/social problem in an innovative, transformational way
- Startup should be at least on MVP stage.
For more information, visit https://aicjklu.in/leap/