Startup ecosystem in India has flourished tremendously over the last decade. The country has been reckoned as the third largest startup economy in the world, after the UK and US.
With a significant rise in the number of startups, the startup mortality rate remains to be 20-25%. According to a report published by Nasscom, Indian startups are most vulnerable from the time of inception until early stage funding.
While the socio-economic system plays a vital role in ticking this number, lack of proper guidance to the startups remains the prime cause.
With a few accelerators in place, fewer provide beneficial guidance to the startups. With a belief that an accelerator plays a vital role in creating an ecosystem which fosters a startup’s journey, Espark-Viridian introduced its patented programme.
The sector agnostic acceleration program offered by Espark-Viridian is one of its kind, offering business solutions to early-stage startups.
#AccessXcceleration is the fourth successive initiative by Espark-Viridian, inviting early-stage startups. The cohort applications kicks off on August 6, 2018, welcoming applications from startups across all sectors.
The acceleration program consists of two modules spanning over 4 months providing the admitted startups with business insights, problem-solving techniques, one on one mentoring and direction after assessing individual needs of each business.
Module 1 focuses on startups at the idea stage. It offers the startup a platform for deliberation of their idea or to test their prototype and guide them to attain the MVP stage through idea validation.
The module also focuses on helping the entrepreneurs coming up with effective pivot strategy if required.
Module 2 offers a platform to the entrepreneur to structure their startup in a lean operating framework and to design the process flow that eventually culminates in pitching to the investor for the respective startups that graduate successfully.
Apart from the mentoring, the acceleration program also serves as a platform for the entrepreneurs from various industry to socialise, network and learn from each other.
The program includes interactive sessions and workshops to provide the entrepreneurs with knowledge base business solutions. These, are strategically placed across both the modules with experienced mentors from various fields like marketing, business development, operations, legal etc. covering all the functional aspects of a startup.
Espark-Viridian’s centres strategically cover all the startup infused regions across the country.
The startup accelerator is present in Bengaluru, Mumbai, Greater Noida, Ahmedabad and Chandigarh.
You can learn more about Espark-Viridian on – http://espark-viridian.org/
If you have an idea to change the world, Espark invites you to rocket fuel it with #AccessXcceleration.
Apply now at espark-viridian.org/apply-now