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NIRMAN Accelerator



Cohort 2022

Workplace


Overview

Startup Incubation and Innovation Centre (SIIC) IIT Kanpur’s NIRMAN Accelerator program is supported by the Department of Science and Technology’s NIDHI scheme portfolio. Through this accelerator program, SIIC intends to support manufacturing-focused startups to overcome the challenges from their prototype to market entry journey, especially in Healthcare and Agriculture domains. The NIRMAN Accelerator will be a 6-month program that is divided into 4 segments -

  1. Engineering Acceleration.
  2. Navigating the compliance Puzzle.
  3. Leading to the next stage of growth
  4. Applications Open

Why Should You Participate:-

  1. Product Acceleration support for the selected startups.
  2. Cash Award up to INR 10 Lakhs for best-performing startups in the cohort.
  3. Online Mentoring & One on One session by Industry Experts for the startups.
  4. Legal Compliance, Taxation & IP support for startups.
  5. Demo Day & Investor Connect support for the startup.
  6. Networking opportunities for startups.

Eligibility

  • Any Manufacturing Startups (51% shareholding must be with Indian Shareholders) can be part of this program.
  • The startup must be registered as a Pvt Ltd Company.
  • The startup must be developing / manufacturing products based on innovative process or technology.
  • Applicants must not be part of any other existing accelerator program.

Accelerated Products Developed @ SIIC



Application Process

  • Step 1

    Call For Applications open

  • Step 2

    Round 1 Evaluations:- Shortlisting of Startups from the applications received.

  • Step 3

    Round 2 Evaluations:- Shortlisting of Top 15 Startups for the acceleration program.

  • Step 4

    Acceleration Program (Rigorous 6-Month Program Consisting of 4 Phases)

  • Step 5

    Demo Day

Selection Criteria

  • The project idea and its practical application.
  • Technical & Business Viability
  • Need and opportunity in Indian market
  • Scalability of the product