Deadline: 10 December 2024
Applications are now open for LEAP AHEAD (Launchpad for Tech Entrepreneurs towards Accelerated Growth and Pioneering AHEAD) is a pan-India STPI’s Investment, Mentorship, & Global Connect Initiative for accelerated growth of Tech Startups.
It aims to facilitate startups in accelerating their revenue and expanding into the global market. It offers opportunities for funding, the enhancement of customer bases, and geographical growth. The overarching goal is to foster startup growth through three key pillars: exceptional mentorship, funding opportunities, and global-level exposure. In this, 3-month intensive training will be provided to selected tech startups in hybrid mode i.e., in-person& virtual followed by Demo Day for funding.
Benefits
- Funding & Investment Opportunities
- Funding upto Rs. 1 Cr after grooming & hand holding by leading investors
- Fundraising Tips
- Master classes by Investors
- Explore Global Opportunities
- Master classes & Fireside chats by Global Diaspora
- 3-Month Intensive Mentorship Program
- A well-structured 3-month Mentorship, Guidance & Education program to support entrepreneurs scale their industry changing technology businesses
- Growth Hacking from Successful Entrepreneurs
- Master classes & Fireside chats with successful Entrepreneurs
- Global Investor Access
- Meet the most active VCs and Angel investors in your industry from around the world
- Access to Network
- Access to network of 1000+ industry experts/mentors for valuable insights and guidance
- Incubation in STPI’s Centres Pan India
- Avail the opportunity to incubate at STPI or NGIS location at a reduced cost for work and expansion
- Membership Opportunity
- 1-year Free Associate Membership to selected startups by their partner TiE Delhi-NCR.
Eligibility Criteria
- To be eligible to apply for LEAP AHEAD, startups must meet the following criteria:
- The challenge is open to Indian startups (At least 51% shareholding with Indian citizen or person of Indian origin. The applicant’s entity should not be a subsidiary company of any foreign corporation) working in domains related to software product development.
- Startups registered with DPIIT under the Startup India program are encouraged to participate.
- The startup should be a Private Limited Company.
- The startup should be in the scaling stage, growth stage, or planning expansion into new geographical locations or product diversification.
- The startup should have generated a revenue of at least Rs. 10 Lakhs with minimum 1-year audited balance sheet/filed ITR.
- The startup should have raised a minimum of Rs. 25 Lakhs from external investors (not applicable in case of bootstrapped startups).
- Startups with the following criteria will be preferred:
- Demonstrating traction, preferably between Seed and Series A stages.
- Building a scalable product or service with a significant total addressable market and defensible growth model.
For more information, visit Software Technology Parks of India.