CBIE Startup Accelerator (Launchpad)
A programme by MIT WPU TBI
Fundraising and investor-connection support for early-stage startups, run by the university's Centre for Business Innovation and Entrepreneurship. Applications are closed.
At a glance
| Best for | Early-stage startups that want investor connections and fundraising help |
|---|---|
| Cost | Takes equity |
About CBIE Startup Accelerator (Launchpad)
The Centre for Business Innovation and Entrepreneurship (CBIE) runs a startup accelerator that connects early-stage startups to investors, HNIs and venture capitalists. It supports fundraising for 3 to 4 rounds or a Series A, with guidance on pitch decks, financials and go-to-market strategy, and fortnightly or monthly operational review calls.
What it takes
- The centre takes 9% sweat equity upfront, which covers seed funding, fundraising and go-to-market strategy.
- It charges an investment banking fee of 5% for the fundraise.
- The centre states that an initial fund for startups comes as a grant from MIT WPU Startup Incubation, a Section 8 company.
Who can apply
- Early-stage startups seeking investor connections.
How to apply: The application form is no longer accepting responses. Check the centre for the next intake.
Where to apply
Other MIT WPU TBI programmes
- MIT TBI Physical IncubationOffice and cubicle space, labs and workshops for product and service-based startups.
- MIT TBI Virtual IncubationRemote mentoring, fundraising support and virtual services for service-based startups.
- MIT TBI Seed Funding (Startups India Seed Fund Scheme)A grant and soft loan for selected startups under the Startups India Seed Fund Scheme.