Apply for COHORT-2

About program

The AISEA Accelerator program aims to support technology startups creating a societal impact and working in the Health and Wellness sector. AISEA will help startups leverage the IIT Hyderabad’s expertise in Healthcare and Action For India’s network and connections in the domain of social impact. 

The accelerator mainly focuses on enterprises’ business to scale, apply cost-effective business models and explore wide market access by providing  support for Investment, Technology, Mentoring and Government connections.

Program Structure

This accelerator program is of four-month duration and is conducted virtually amid the pandemic situation. Below are some of the activities planned for the Cohort Startups: 

  • Access to 2 dedicated mentors for weekly interactions on technical & business mentoring, and access to the mentor pool in case of area specific needs. 

  • Monthly Office Hours with the core AISEA team to help founders make the best out of the accelerator. 

  • Mixer events with successful entrepreneurs, policy makers or domain experts to interact with the Cohort Startups and take leverage of his/her experience.

  • On-demand services in the form of functional coaches & Huddle mentorship.

Program Benefits

AISEA helps the startups in primarily three ways: 

  • To provide the feedback on product/service, business model, value proposition etc. of the startup.

  • Helping the startup in the fundraising process via government grants, connecting them with investors from the investor pool of i-TIC Foundation, Action For India and AISEA.

  • Unlocking the access to ecosystem connections i.e. government, policy makers, partners, customers, researchers, thought leaders, etc. 

Other than the above benefits, startups would get access to FundEnable toolkit to prepare for the fundraising process,IP Management support, access to IIT Hyderabad ecosystem of faculties and researchers in the domain of Healthcare, access to Action For India’s network, and much more.

Selection Criteria

Companies fulfilling the below criteria are invited to apply: 

  • Companies having a Minimum Viable Product ready and have a few customers. 

  • Companies based in India or with Indian founder/s helping solve Healthcare related problems in the Indian subcontinent. 

  • Companies working across Health and Wellness sector, Health-Tech, Biotechnology, Fitness, Healthcare services, and others, which are related to improving Healthcare ecosystem in India.

Deadline

Applications closed for Cohort 2.  Connect through our Social Media handles.

Contact us for any queries on info@aisea.co

FAQ

What is the duration of the program?

The accelerator program will be four-month long starting from September 15, 2020.

What is the selection criteria?

Startups should have an innovative and scalable idea coupled with a great team known for execution excellence. The more the idea is relevant to the program focus areas, the better

How many startups will be there in the cohort?

The second Cohort will consist of 15 startups in total.

Is funding a part of the program?

AISEA does not invest into the startups directly as of now. However, we do connect startups to various investors from the network of AISEA, i-TIC Foundation, and Action For India. Startups will get the several opportunities to meet investors during the course of the program.

Does AISEA get any ownership on Intellectual Property of startups?

AISEA does not ask for any ownership of the existing or the new IP developed by the startups.

Does AISEA charge anything for the program?

AISEA does not charge any cash or equity from the startups for the Accelerator program.

What happens after the program?

The graduating startups become the part of the Alumni network of AISEA and can leverage the benefits of IIT Hyderabad and Action For India’s network of students, faculties, researchers, mentors, investors, policy makers, etc.