Deadline: 18-Nov-20
Gujarat University Startup and Entrepreneurship Council (GUSEC) with support of the MeitY Startup Hub, has launched accelerateBHARAT, an accelerator program that aims to provide nimble support for early-stage technology-based startups using emerging technologies.
accelerateBHARAT is a six-week accelerator program. Around 10 startups will be selected basis the best innovative solutions across a host of sectors and technologies solving challenges of India.
Preferred Sectors
Preference will be given to startups and ideas in the following sectors for this acceleration program.
- Healthcare: Examples: Using technologies involving Artificial Intelligence for better understanding and analysis of patients and AR/VR devices for better training of medical personnel. Development of health trackers, sensors & wearables for the public, revolutionising drug development, etc.
- Education: Examples: Using AR/VR for customising and accelerating people’s learning experiences, cloud computing tech for availing anytime-anywhere accessibility to course material for scholars, technology laced with learning analytics and 3D printing to give students deeper, more interesting insights into their curriculum.
- Agriculture: Examples: Using the power of technology and/or novel agricultural techniques involving farm automation, aeroponics and hydroponics to increase crop yields, reduce labor costs and supply chain inefficiency, and also reducing the impact of farming on the environment.
- Infra and Transportation: Examples: Tools that increase the efficiency, ease, and safety of the increasing systems of transportation and infrastructure through technologies like AI, ML, data science, etc.
- Financial Inclusion: Examples: Tools that boost more digital payment services and market infrastructures, investment management, solutions that expand and ameliorate existing financial services, make digital financial inclusion services more accessible, and boost the spread of smartphone networks and technologies.
- Environment: Examples: Solutions that underpin development and application of technology while also keeping in mind environmental protection and sustainable development.
- Clean Energy: Examples: Innovative tools and solutions that aid the development of clean energy, clean power generation and operation technologies.
Benefits
Applications of accelerateBHARAT will get a host of support from GUSEC and MeitY Startup Hub, including grants, prize money, cloud credits, accelerated mentorship program, networking, connections, etc.
- Grants & Prize Money: One (1) startup to get a 7 lakh grant; two (2) startups to get a 4 lakh grant each; and seven (7) startups to get 1 lakh prize money each.
- Additional Funding Opportunities: Opportunity to raise seed funding / funding opportunities through private funding, investor, connects, etc.
- Cloud Costs & Online Tools: Cloud credits up to $1,00,000 through GUSEC partners; access to a variety of other online tools such as HubSpot, Telegram, Msg91, etc.
- Validate and Pilot: Idea validation through pilot testing access in local communities and regional areas
- Connections: Networking with a variety of public, non-profit and private bodies such as project-implementing government departments, NGOs and industries
- Infrastructure: Laboratory and infrastructural support, wherever necessary
- Accelerated Mentorship: 10 startups to be selected for the accelerator program who shall undergo accelerated mentorship sessions
Eligibility Criteria
The accelerator program for early stage tech startups. Any individual or a leader of a group based in India working on an innovative tech-idea can apply.
Selection Criteria
The selection shall be based on the following criteria:
- Idea relating to mentioned technologies & sectors
- Feasibility of the proposed application
- Scalability of the idea
- Team background and competence
For more information, visit https://gusec.edu.in/ab/