Amrita Technology Business Incubator

Amrita TBI PRAYAS program will provide a grant of up to Rs 10 Lakhs per recipient.

Through a 6-month acceleration program, Amrita TBI will help startups connect with and raise investments from venture capitalists and angel investors. For every investment raised from external investors, Amrita TBI (through MeitY Startup Hub) will match the amount up to ₹50 lakhs. Selected startups will participate in a 6-month acceleration program focused on scaling their business. The program concludes with a Demo Day, where startups pitch to an investor panel. If a startup raises funds during the program or on Demo Day, MeitY Startup Hub will provide a matching investment of up to ₹50 lakhs. The investment will be routed through Amrita TBI.

The startups can raise funding from invited external investors and Amrita TBI on the Demo Day. The total seed investment from Amrita TBI for the Top-3 startups is $100,000 USD.The startups Accelerator program is supported by Atal Innovation Mission, NITI Aayog and NSTEDB, Department of Science and Technology, Government of India. Amrita TBI Accelerator program brings in both national mentors and international mentors from Silicon Valley with varied experience across multiple domains and sectors. They have been executives at Fortune 500 companies, built startups and products with local and global appeal. The program allows idea validation, iteration, building of customer development models, enhancing the business models and building a go-to-market strategy. In the end, the startup should be fundable-ready by Demo-Day.

Up to Rs. 50 Lakhs of investment for market entry, commercialization, or scaling up through convertible debentures or debt or debt-linked instruments. Up to Rs. 20 Lakhs as a grant for validation of Proof of Concept, or prototype development, or product trials. The grant shall be disbursed in milestones- based installments. These milestones can be related to the development of prototypes, product testing, building a product ready for market launch, etc.

The NIDHI-EIR Programme would provide subsistence grant upto INR 30,000 per month to an aspiring or budding entrepreneur of considerable potential for pursuing a promising technology business idea.

You get the opportunity to meet venture capitalists, CEOs and top C-level executives from around the world who can provide instant feedback to your ideas and business plans. You will also have the opportunity to network with these executives for further guidance. Startups that qualify for seed investment will receive mentorship in crucial areas for successful market penetration.