Joint Accelerator Program in DeepTech and IoT launched by IIT-K & IIM-L Enterprise Incubation Centre
IIM Lucknow Enterprise Incubation Centre (IIML EIC) and Technopark@iitk have created a 6-month accelerator programme with the goal of assisting early-stage, growth-driven entrepreneurs working in the domains of DeepTech and IoT and expediting their product development. It is one of the few times that two great colleges of higher education have collaborated to advance the startup ecosystem, with each adding its own distinct and unequalled qualities to the combined accelerator programme.
“The entrepreneurship and startups are quietly creating an economic revolution in India. Technopark@iitk and IIM Lucknow Enterprise Incubation Centre have entered into a strategic alliance to jointly launch an impactful Accelerator program for early to growth-stage startups working in Deep-Tech and IoT,” said Prof. Anadi Pande, Faculty-In-charge, IIML EIC said here in a statement.
The joint program’s core offerings will allow the six to ten startups chosen to validate their technology, improve product-market fit, become market-ready ventures, design scalable and sustainable business models, streamline fundraising, gain market validation through pilots, and gain access to the Market and Investor network.
Yamini Bhushan Pandey, MD, IIML EIC, further added, “Through the 6-month program, IIML EIC will work closely with the onboarded startups to identify their challenges and gaps through a need assessment workshop. It will support the onboarded startups in commercializing their innovative ideas and tap market opportunities.”
Technopark@iitk, on the other side, is the program’s technological partner.
“Our primary responsibility is to provide technical support to the selected cohort. This includes technology mentorship support, access to central research facilities, engagement with IITK students and co-working spaces,” informed Dr. Gopal Kamath, Professor-in-charge, Technopark@iitk.
The programme provides DeepTech entrepreneurs with the chance to obtain immersive learning and accelerate their growth. The application period has begun, and the deadline for submissions is April 30, 2022.
