Introduction to the program
1. Business Strategy
Preparing a realistic business plan, estimating market potential, refining business model and identifying revenue streams.
Technology optimisation, Business Process Optimisation, talent acquisition and retention and financial due diligence.
3. Business Integration with FIITJEE
Identifying synergy with FIITJEE to integrate with current business and leverage the large data base and tapping into the corporate and employee network for business prospects.
4. Go to market
Identifying target customers, developing GTM strategy, product development and building sales/ distribution channels.
A distinguished jury will review and rate the ventures on various parameters on "Demo Day". Top rated startups will get investment from FIITJEE.
1. Who should apply to FIITJEE Accelerator Program?
FIITJEE Accelerator Program is designed to supercharge the most valuable early stage startup ideas in EdTech, HealthTech (with deep tech applications only) and Social Impact (with deep tech applications only) Sectors.
2. What is the FIITJEE Accelerator Program
The FIITJEE Accelerator Program is a 90-day program open to early stage startups across these three sectors. After the initial screening, shortlisted ventures will undergo an intensive mentorship program. Once the mentorship is over, these startups will present their Business Plan to a distinguished jury on the 'Demo Day'. The jury will review and rate the ventures on various parameters. Top rated startups will get investment from FIITJEE. Some startups may also be advised to work on new problems and challenges that offer huge value creation opportunity.
3. What are the dates of this program?
Entries open on July 27th, 2022 and closed on September 30th, 2022.
Mentoring sessions were be conducted between October 15, 2022 and November 31, 2022.
4. Is the program in person or online?
Entries can be submitted online. Most mentoring sessions would be conducted online. Some in person meetings may be required, based on mutual convenience, at Delhi.
5. What are the terms?
Participation and mentoring to startups is free of cost. FIITJEE will make idea stage/pre-seed, seed or angel funding in top rated startups, based on merit.
6. How can I apply?
Simply click the 'Apply Now' button and fill up the application form.
The program is also approved by Startup India.
7. Who is FIITJEE?
FIITJEE is a leading education institution, created in 1992 with the vision of Mr D K Goel, with coaching for IIT-JEE. Over 30 years we have surpassed many milestones and grown from strength to strength, helping students achieve their dreams with the highest levels of education, across multiple disciplines, in India and the world. Our alumni of thousands of successful students vouch for our success.
Today, aiming for the unachievable and continuously raising the bar has become a part of the FIITJEE DNA .
Know more about us at https://www.fiitjee.com
8. Why is FIITJEE conducting this program?
We believe sectors like education, health and social impact can transform maximum lives in our country and the world. We would like to play our part in bringing about this transformation. Our FIITJEE Accelerator Program aims to guide and mentor participating startups to help them solve problems at scale
Having seen its own journey from a fledgling startup to a leading education company, FIITJEE is well versed with challenges that the start-up community faces. Our initiative, FIITJEE Accelerator Program, will bring all our learning of 30 years to these startups. It is a first of its kind accelerator program by an educational institution.