The goal of the iAspire: All Women Technology Startup Accelerator Cohort for Women Founders is to equip women with the tools they need to co-create a table, not just a seat. iAspire serves as a catalyst for women to reach their full potential and form a community of entrepreneurs.
Startupindia is hosting ‘iAspire,’ a female-focused accelerator program that will help women entrepreneurs scale their businesses through mentoring, business advice, and fundraising!
Key Highlight
- iAspire: All Women Technology Startup Accelerator Cohort for Women Founders aims to give women the tools necessary to co-create a table and not just a seat in the startup ecosystem.
- iAspire serves as a catalyst for women to reach their full potential and form a community of entrepreneurs.
- Top 20 Startups will be selected pan India across industries and given access to corporate perks and coworking spaces.
- Total VC funding for women founders has dropped from 11% to 2.5% since 2019.
DETAILED ELIGIBILITY CRITERIA
>Women Founder of Startup Registered under Company’s Act 2013
>Technology Seed Stage Startup showing Early Traction
>Operations must be based in and out of India
>Available for a dedicated program for 6 months
>Drive to compete across applicants pan India and secure cash funds and perks
Startups from all industries are invited :
>Agriculture
>Cyber Security / IT / ITES
>Commerce / Retail / Marketplace
>Education / Training
>Financial Services
>Food / Beverages
>Health Services
>Hotels / Catering / Tourism
>Sports / Media / Culture
>Textile / Clothing / Fashion
>Travel / Transport
>Social Impact
iAspire: All Women Technology Startup Accelerator Cohort
iAspire for Women Founders aims to give women the tools necessary to co-create a table and not just a seat in the startup ecosystem.
Participants experience hands-on advisory support to maximize growth, gain specialized industry insights and prepare for fundraising and investment opportunities. Focusing on the key challenges faced in their journeys, iAspire acts as a leverage for women to realise their fullest potential and form a community of business visionaries
VISIBILITY & NETWORKS | ACCESS TO CAPITAL | FOCUSED MENTORSHIP
Where Are The Women Founders?
> Total VC funding for women founders has dropped from 11% to 2.5% since 2019
> 15.7 million women-owned enterprises represent only 20% of all enterprises
> Many are owned only “on paper” by women but in fact not run by them
> Limited access to business and technical skills
> Lack of visibility and integration due to systemic violence
Fiscal Incentives
Up to 1,000,00 USD in corporate perks offered by IA across 200 platforms
A Total gash grant of ₹500,000.00 offered by IA to the top 3 startups
Non-Fiscal Incentives
> Guided mentorship support
> Master Classes and focused work
> Deep dive sessions to work on business strategies
> Digital marketing and PR support
> Fast Pitch Sessions and Demo Days
> Networking opportunities in the community
> Access to co-working spaces in Gurugram
> Access to opportunities for fundraising with India Accelerator’s Network
Procedure Post Submission
>WARMUP
Top 20 Startups will be selected pan India across industries and given access to corporate perks and coworking spaces
>FOUNDATION
Establishing benchmarks and clarity in understanding the hygiene of the startup by working on internationally acclaimed strategies that can be adopted in the day-to-day operations of the business
>FOCUS WORK
Understanding key challenges faced by the founders and their entrepreneurial journeys while working on business functions, revenue modeling, scale and sustainability of their startup
>TRACK AHEAD
Mapping market growth potential, building connections within the community, and gauging and all-round awareness of the ecosystem for future business planning
>CAPITALIZE
Accessing fundraising opportunities through investors and competing for up to an INR 5 Lakh grant
Detail- https://www.startupindia.gov.in/content/sih/en/ams-application/accelerator-program.html?applicationId=616ec9dee4b0324c10f226d3
