Open Innovation India presents a 3-month, equity-free accelerator designed for early-stage technology startups, from concept to MVP.
This program provides access to top-tier mentorship, guiding startups in refining their ideas, enhancing technology, driving business growth
and perfecting investor pitches. Beyond technical assistance, participants will engage in workshops on product design, customer acquisition strategies, and leadership development.
About the Program
Each accelerator cohort consists of 5 visionary entrepreneurs, selected to tackle key technical and business challenges.
The program blends remote and in-person sessions, including personalized 1:1 mentoring, group learning, and sprint projects.
Startups will be paired with experts from Open Innovation India and industry specialists who will provide customized guidance on
critical aspects of their business. By leveraging best practices and expert advice, startups can refine their products and overall
strategy for scalable success.
Key Benefits:
1. Equity-Free: Full support without any equity dilution for the entire program duration.
2. Mentorship: Tailored mentorship from seasoned OII mentors and industry leaders.
3. Exclusive Training: Access to invite-only technical bootcamps.
4. Strategic Guidance: In-depth support on business and product strategy.
5. Idea-to-MVP: Assistance in transforming ideas into market-ready MVPs.
Entry Criteria
We are looking for passionate entrepreneurs who:
- Have an innovative idea and seek mentorship to transform it into a viable product.
- Are developing scalable solutions with a large addressable market and a strong growth model.
- Demonstrate commitment by engaging founders or key team members in all required program sessions.
- We value diversity and inclusivity and encourage startups from all backgrounds to apply.
Join Open Innovation India to accelerate your journey from idea to impact.
Program Overview (3 Months)
Month 1: Ideation & Validation
- Goal: Refine and validate your startup idea.
- Key Focus Areas:
- Deep-dive sessions on product-market fit.
- Identifying target audiences and creating value propositions.
- Developing a lean business model canvas.
- Personalized 1:1 mentorship for idea validation.
- Activities: Customer discovery, market research, and competitor analysis.
- Outcome: A clear, validated problem-solution statement with an early prototype.
Month 2: Technology Identification & Strategy Development
- Goal: Identify the right technology stack and create a scalable tech strategy.
- Key Focus Areas:
- Evaluate and select appropriate technologies based on the startup’s needs (e.g., platform, tools, frameworks).
- Technical deep dives into infrastructure, scalability, and security considerations.
- 1:1 mentorship on developing a robust tech roadmap aligned with business goals.
- Activities: Tech stack selection, system architecture, and cloud solutions.
- Strategy discussions on integrating AI, automation, or other cutting-edge technologies.
- Outcome: A well-defined technology strategy and architecture roadmap that supports future growth.
Month 3: Go-to-Market & Pitch Preparation
- Goal: Prepare your product for launch and perfect your investor pitch.
- Key Focus Areas:
- Go-to-market strategy development (customer acquisition, marketing, sales channels).
- Leadership and team-building workshops.
- Pitch coaching with seasoned investors and mentors.
- Activities: Fundraising, investor communication, and growth hacking.
- Outcome: A refined MVP and a well-prepared pitch deck for potential investors or partners.
Ongoing Support (Throughout the Program)
1:1 Mentorship: Weekly check-ins with dedicated mentors to track progress and provide strategic insights.
Group Learning: Peer-to-peer sessions for collaborative learning and shared feedback.
Networking Opportunities: Access to the Open Innovation India network of industry leaders, potential investors, and advisors.
Demo Day (End of Month 3)
Goal: Present your MVP and pitch to potential investors, partners, and industry experts.
A showcase event where startups pitch their product, with an opportunity for feedback and potential partnerships.