AVISHKAR VENTURE STUDIO

The Avishkar Venture Studio is a six-month acceleration program designed to help emerging technology startups advance their growth. It is operated by CIE IIITH, the Centre for Innovation and Entrepreneurship at IIIT Hyderabad. CIE IIITH functions as a key center for deep technology innovation, recognized as a dedicated deep tech incubator. Its purpose is to actively enable and support startups by offering an ecosystem that includes technological assistance, tailored mentoring, and networking opportunities, all aimed at fostering growth. CIE IIITH has a strong track record of supporting deep tech ventures, leveraging the academic and research excellence of IIIT Hyderabad.

The program offers significant seed funding, where startups can potentially receive up to 40 Lakhs. The exact funding amount is decided based on the startup's development stage, the quality of its pitch deck, and the validation of its technology. This financial support is a primary benefit, intended to directly aid the startup's growth and development throughout the acceleration period.

In addition to monetary support, Avishkar provides comprehensive non-monetary assistance essential for deep tech ventures. This includes direct mentoring from IIITH professors and resident mentors, many with over a decade of experience guiding entrepreneurs. Startups also gain access to advanced facilities, such as prototyping and research labs, crucial for technological advancement and product development. The program also facilitates extensive networking opportunities through various events and offers essential cloud credits, enhancing operational and development capabilities for selected ventures.