Action For India (AFI) and i-TIC Foundation IIT Hyderabad are pleased to announce the launch of AISEA (AFI – iTIC Foundation Social Entrepreneurship Accelerator) at IIT Hyderabad. The accelerator is Sponsored by the Dept. of Science and Technology, Govt of India, and will help early-stage, tech enabled social enterprises in the sectors of Healthcare, Education and Agriculture.
|In the first year, we aim to accelerate 30 high impact social enterprises through 2 cohorts (the first cohort will begin in March and the second in August, 2020).
Key Highlights of the Program-
- Affiliated Impact Investment Fund – Graduates from the Accelerator will be considered for investments through the AFI affiliated Impact Investment Fund (3i Partners)
- Access to AFI’s Ecosystem and Silicon Valley Networks – AISEA’s cohort will have access to the ecosystem of mentors, investors, philanthropists, technology executives of AFI in India and Silicon Valley. AFI has been conducting Silicon Valley Treks over the last 5 years.
- i-TIC Foundation’s World Class Technology Mentor Pool and Infrastructure – i-TIC Foundation has a rich pool of Technology mentors and is equipped with world class facilities and infrastructure to support AISEA entrepreneurs
- Government Connects – AFI works closely with government representatives – be it Members of Parliament or senior IAS officers. This positions AISEA to facilitate the interaction between the cohort and the relevant authorities – for government contracts, to help overcome regulatory obstacles or to influence public policy.
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