Application Details
- Application for
- WE Invest - DST NIDHI Accelerator Application Form 2024
- Last date
- 18 Dec 2024 11:30 pm IST
- About
WE Invest NIDHI Accelerator Program
The WE Invest NIDHI Accelerator Program, supported by the Department of Science and Technology (DST), Government of India, is a 4-month acceleration initiative in collaboration with Venture Catalyst and FundEnable. Designed to empower women-led startups, the program offers intensive mentoring, capacity building, and access to funding, culminating in a Demo Day.
The program, focused on accelerating 15 high-potential women-led startups, is ideal for founders with MVPs or early revenue. It provides structured guidance to help achieve product-market fit, scale operations, and secure funding opportunities.
Awards
Top 5 startups will receive a grant of ₹2.00 Lakhs each to support their growth journey.
Eligibility Criteria
To participate, startups must meet the following requirements:
• DPIIT Registration: Startups must be registered with DPIIT.
• Women-Led Ownership: Startups should have a minimum of 51% shareholding by women founders or groups of women, with decision-making rights. Male co-founders are allowed.
• MVP and Revenue: Startups should be MVP-ready and generating revenue.
• Residency: Founders must be citizens or residents of India and at least 18 years old as of April 1, 2023.
• Program History: Applicants must not have previously participated in the NIDHI Accelerator Program at any other center or in prior years.
TakeAways
- Intensive one-on-one mentoring from Industry & Academia experts,
- Access to investors / angels /VC’s,
- Master Classes covering a range of topics for capacity building such as Business Modelling, Term Sheet, Due-diligence, Sales Playbook, capital Raising etc.
- Access to Co-working space,
- Access to 150 + R & D Labs & Faculty pool at Banasthali Vidyapith,
- Support in developing an impactful investor pitch deck,
- Practice sessions for pitching through mock pitch sessions,
- The culmination of the program with a Physical Demo Day event
- Award to the selected startups up to INR 10 Lakhs.
- Master sessions cover Business Modelling, Go-To-Market Strategy, Digital Marketing, Sales Playbook, UI-UX, Financial Modeling, Term Sheet Negotiation, Startup Valuation, Deal Structuring, Due-Diligence, Exit Strategies, and Investor Outreach, ending with Mock Pitching and Pitch Day for real-world readiness.
Program fees: INR 25,000
Focus Areas
Startups leveraging Science & Technology (Preference will be given to DeepTech, AI, Fin-tech, EV, Creator economy, Space-tech, Semiconductor)
This program is a dedicated platform to elevate women entrepreneurs, empowering them to scale their startups and unlock their full potential.