CIIE, IIM Ahmedabad’s startup incubation arm, and Village Capital have teamed up to launch an acceleration program for startups focused on technology for impact. The accelerator will focus on for-profit, commercially scalable Indian startups that display a high level of social value in their technology driven or technology enabled offerings. Sectors it will look at include mobile/ICT, health, agribusiness, education, sustainability and livelihood solutions verticals.
Throughout the program, participating entrepreneurs will assess one another, and the two top-ranked startups will receive up to $50,000 each in investment.The program places a heavy emphasis on peer mentoring and peer selection of the best ventures within the program. The program starts April 11, 2013, with the first of three four-day workshops being held at CIIE’s facilities at IIM Ahmedabad.
Source: Startup Central
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