Apply for Leap Ahead Incubation Program for Tech Startups: Complete Information on Eligibility Criteria and How to Apply

Introduction: Apply for Leap Ahead Incubation Program for Tech Startups; interested startups can apply before 10^th December. Selected startups will have many facilities and opportunities at their disposal to accelerate the growth of their innovation. To know more in detail, read the whole article till the end on eligibility criteria and how to apply?

Last Date to Apply: 10^th December 2023

STPI, in collaboration with TiE Delhi-NCR and a prestigious group of Investors, is launching LEAP AHEAD (Launchpad for Tech Entrepreneurs towards Accelerated Growth and Pioneering AHEAD) – a pan India initiative to select tech startups for high-quality mentorship, securing investments & establishing global connections. This is a remarkable opportunity for startups to accelerate their growth.

LEAP AHEAD is designed for Tech Startups with Early Traction and in Growth stage. If you’re a passionate entrepreneur and innovator and aspiring to scale, this initiative is meant for you.

Leap Ahead Incubation Program for Tech Startups Key Benefits

• A 3-month intensive mentorship in hybrid mode, blend of virtual and in-person sessions
• Opportunity to access vast network and get 1-on-1 mentorship with investors and industry experts
• Funding of upto Rs. 1 Cr after grooming & hand holding in co -investment model
• Networking opportunity and Global Market Exposure
• 1-year Free Associate TiE Delhi-NCR Membership
• Incubation in STPI’s Centers Pan India
• Cloud Credits and other benefits from leading third-party service providers

Leap Ahead Incubation Program for Tech Startups Who Can Apply?

Eligibility Criteria

• To be eligible to apply for LEAP AHEAD, startups must meet the following criteria:
  • The challenge is open to Indian startups# 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.

Note: 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.

For More Information visit the Official Website Link

Hey, STEAL our Best Premium Content For Absolutely Free, Check Out the Links below

HOPE these will add value to your existing skills and knowledge

Our information bears no cost (it’s absolutely FREE), don’t let valuable information slip away.

Join our community of avid readers who are always in the know. Subscribe to our website; stay connected and engaged with the latest news, trends, and developments by subscribing today.

(PUSH the bell ICON)

Leverage the power of knowledge to propel your organization to new heights. Don’t miss out to explore our content

1. Latest Funds for NGOs,
2. NGO Jobs
3. Resources (Helpful Guides and Courses)
4. Premium Resources
5. NGO related articles

Empowering Humanity through Funds, Resources and Collective Action

Sharing is Appreciated