Startup Acceleration Program

REQUEST FOR PROPOSAL

(1^st September to 21^st September 2024)

Gujarat Student Startup and Innovation Hub (i-Hub), registered as a section 8 company under the Companies Act 2013, is envisioned to be a centre for all startup stakeholders to develop an end-to-end innovation and entrepreneurial ecosystem in Gujarat.

To support the startup ecosystem i-Hub runs several Acceleration Programs, in collaboration with renowned Accelerators. The program is designed to equip startups with the tools and knowledge required to scale their businesses and attract investment. It aims to fast-track the growth of startups by providing them with mentorship, resources, and networking opportunities.

General Terms and Conditions

1. Organizations like Startup Accelerators/Investment Funds can apply.
2. Minimum session will be 20 out of which around 50% needs to be physical sessions.
3. The program will have 1 investment demo day and 2 days of physical bootcamp.
4. Around 15 Investment firms/Funds/Family offices/supporting organisations to be invited for the demoday by the agency.
5. Logistics, Accommodation, Mentors, Speakers, Design-Structure, Partners, and all the things related to execution will be the responsibility of the accelerator from the budget provided by i-Hub.
6. Accelerator will finalise Mentors/Speakers/Partners/Funds/Organisation and detailed design of the acceleration program in consultation with i-Hub.
7. i-Hub will provide a pipeline of startups for the program.
8. i-Hub will designate a team for on-site execution and smooth running of the program.
9. Each acceleration program budget cost will be INR 8,00,000/-which will include Mentorship fees, Travel, Accommodation of Experts/Investors, and Miscellaneous Expenses, etc.
10. i-Hub will pay 50% in advance to the onboarded agency and rest of the payment will be done after completion of the respective accelerator program.

Note:

• The applicant should have minimum of 3 years of experience in Startup Acceleration/Investment Facilitation.
• Preference will be given to organizations with ability to fund startups post government grant stage.

Evaluation Criteria

1. Past track record of supporting startups (Minimum 3 years of experience in funding or Acceleration)
2. Understanding about Gujarat Startup Ecosystem
3. Quality of mentors & investor pool you provide for demo day and mentoring
4. Any case study of your unique intervention & impact for supporting startup
5. Ability to provide forward integration & global ecosystem.
6. Experience of working with institutions in Academia for supporting startups

Application Deadline:

Applications open till 21st September, 2024