In a bid to translate the government's focus on smart cities into action, Ashoka University's Centre for Entrepreneurship in association with the Dalmia Bharat Group and Microsoft Accelerator announced application calls for the second cohort of its AIM Smart City Accelerator program.
The joint initiative is aimed at nurturing innovative and committed early-stage startups with unique solutions focused on building a smarter and sustainable India. Following the success of last year, the five-month long program will also focus on startups in the areas of Education, Healthcare, Transport & Logistics and Infrastructure.
Apart from calling out entries for this year, the event showcased the finalists from last year who have been able to scale-up with funding and mentoring provided with the help of AIM program. In addition to this, six startups from Ashoka University's Entrepreneurs in Residence (EIR) program were also showcased at the event.
Commenting on the initiative, Priyank Narayan, Director, Centre for Entrepreneurship, Ashoka University said, "We are elated to announce the second year of this innovative accelerator program. At Ashoka, it is our constant endeavour to foster critical thinking and entrepreneurship spirit among students and hence, this idea resonates with our core values. It further advocates government's focus on developing smart cities and gives bright minds a platform to nurture their ideas under the finest academic and industry networks and resources".
Echoing the same sentiment, Mr. Naveen Asrani, Director, Microsoft India, commented, "Startups that have a focus on building Smart Cities will play an important role to digitally transform India. We are delighted at the progress that the graduating startups have made and we wish them greater success for an exciting entrepreneurship journey.
We look forward to continue working with AIM Smart City Accelerator and empower startups working on smart cities solutions".
Applications for this program will be shortlisted by 12 April, 2016 on the basis of financial viability, technology feasibility, desirability to target audience, sustainability of the solution and track record of the team.
The Centre for Entrepreneurship at Ashoka University is designed as the hub for all entrepreneurial activities and endeavors for Fellows, faculty and founders alike. Having direct support from the founders of Ashoka, CfE is having some of the most successful entrepreneurs in the country on it board as mentors, who are personally going to help students groom their start-ups.
About Ashoka University:
Ashoka University is India's first non-profit liberal arts university built on the model of collective public philanthropy. With a strong emphasis on multidisciplinary learning, development of 21st-century skills and leadership attributes, Ashoka is preparing students to be critical thinkers and ethical leaders in an increasingly complex world.
About Microsoft Accelerator:
Microsoft Accelerator is a global program built to empower startups around the world on their journey to build great companies. We work with market-ready startups to provide the tools, resources, connections, knowledge and expertise they need to become successful companies. Our goal is to help startups mature into enterprise-ready companies by scaling every aspect of their business.