AIC-IIITH Foundation and EPAM systems have launched EPAM Social Impact Innovation Program which aims to support green startups with Equity-free grants up to INR 5,00,000 and Incubation support. Tech-based Social Startups operating in sectors of Environment, Waste Management, CleanTech, and having cumulative revenue of INR 1 Lakh are eligible to apply.
The key program highlights include:
Milestone-based grant support of up to INR 5 lakhs
Bootcamps/workshops on various topics
Masterclasses and mentorship provided by experts
Support in refining the business model and scaling for impact
Access to CIE IIITH Startup services
IIIT-H’s technology expertise, lab facilities, and talent pool
AIC-IIITH Foundation, supported by Atal Innovation Mission, NITI Aayog is currently accepting applications for the Covid Acceleration Program in partnership with EPAM. Raftaar is a 4-month long acceleration program for Tech-based Social Enterprises which are already in the market with revenue. This program is an ideal-fit for start-ups who believe that a small bridge grant and acceleration support can help them overcome the disruption caused by Covid-19 and amplify their impact and/or make them sustainable.
The key program highlights include:
The AIC’s flagship incubation program is aimed at helping for-profit, tech-based social impact startups that are broadly working in the areas of Sustainable Development Goals. The six-month program will help startups refine their business models and technical capabilities while gaining the capacity to scale their impact.
Select incubatees will be provided an opportunity to pitch for seed funding.
After an overwhelming response from 11 States and 29 Cities with 74 eligible applications, AIC-IIITH is proud to announce selection of 10 Social Enterprises for the first Cohort of Akash.
The application process for the second cohort is open.
Apart from its Flagship Incubation program, AIC also conducts a Micro Incubation program for deserving social enterprises who are provided with ongoing support, ecosystem connects and need based access to AIC resources. Under this program we are supporting 3 enterprises.
We are the implementation partner for Pernod Ricard India Foundation’s Social Impact Incubator Program and have on-boarded 6 Social Impact organisations for Incubation.
The program offers Rs. 1.8 cr seed fund to the selected Social Impact organisations.