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February 25, 2013

Deal Alert: CIIE, Village Capital launch Tech for Impact accelerator

CIIE, IIM Ahmedabad’s startup incubation arm, and Village Capital have teamed up to launch an acceleration program for startups focused on technology for impact. The accelerator will focus on for-profit, commercially scalable Indian startups that display a high level of social value in their technology driven or technology enabled offerings. Sectors it will look at include mobile/ICT, health, agribusiness, education, sustainability and livelihood solutions verticals. 

Throughout the program, participating entrepreneurs will assess one another, and the two top-ranked startups will receive up to $50,000 each in investment.The program places a heavy emphasis on peer mentoring and peer selection of the best ventures within the program. The program starts April 11, 2013, with the first of three four-day workshops being held at CIIE’s facilities at IIM Ahmedabad. 

Source: Startup Central

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