Indigram Labs Foundation is startup accelerator, working in the field of Agri-tech and food-tech along with climate change.
The startup culture in India is booming after acquiring Government aid and the exclusive help provided by Accelerators. Startup accelerators support early-stage, growth-driven companies through education, mentorship, and financing .NIDHI- (National Initiative for Developing and Harnessing Innovations) is Program conceived and developed by the Innovation & Entrepreneurship division, Department of Science & Technology, Government of India. NIDHI is an umbrella programme for nurturing ideas and innovations (knowledge-based and technology-driven) into successful startups.
What is Startup Accelator?
Accelerators are playing a pivotal role in startup communities across the globe. Acceleration programs are critical to improving the startup’s outcomes. Indigram Labs Foundation is one such startup accelerator, working in the field of Agri-tech and food-tech along with climate change. It was established in 2015. It is registered as a technology business incubator under section 8 (Not for Profit Company) of company act 2013 and received support from NSTEDB, Department of Science & Technology, Government of India. The major thrust areas of Indigrams’ incubation efforts are Agriculture-Technology & food processing, clean Energy and Automation, rural focused healthcare and wellness and Education. ILF has recently been accrued with a NIDHI grant and is in the process of acquiring new innovators to help them with seed money, prototyping, mentorship and building these startups from ground up. The program will be conducted in 4 phases across the country and the registrations have begun.
The accelerator experience is a process of intense, rapid, and immersive education aimed at accelerating the life cycle of young innovative companies, compressing years’ worth of learning-by-doing into just a few months. Accelerators provide entrepreneurs with access to a large pool of resources including, but not limited to investors, marketing/PR, a network of mentors and business advisors, and a structured curriculum with goals/metrics. The program is intended to prepare them for pitching to the carefully selected angel investors and venture capitalist. These program is expected to contribute to building a vibrant startup a hub in the region by establishing a network between start-ups, academia, financial institutions, industries, and other institutions.
