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CIIE and IIM-As start-up incubation programme, iAccelerator powered by Tata Communications
As part of its ongoing initiative to encourage innovation in India, Tata Communications
has announced its support of iAccelerator, a start-up incubation programme that
provides Indian technology entrepreneurs access to mentoring, infrastructure
and investment support to kick start their businesses. iAccelerator is the flagship
program of the Center for Innovation, Incubation and Entrepreneurship (CIIE)
at IIM Ahmedabad. Since its inception in 2009, the program has helped launch
17 successful start-ups in the Internet/mobile domain.
Tata Communications senior executives will mentor the entrepreneurs to
launch their ideas. In addition, Accelerator participants will also have access
to the companys leading cloud, connectivity and collaboration tools* necessary
to succeed in a global business community.
Nine start-ups have been selected for this years programme and have already
been provided with working space, IT infrastructure, seed capital and mentoring
from a team of industry experts in order to showcase their final prototype/product
in front of angel investors at the end of January 2012.
Pranay Gupta, Joint CEO, Centre for Innovation Incubation and Entrepreneurship
(CIIE) said, In todays globally connected environment it was important
to support our finalists with reliable and sophisticated Cloud, global connectivity
and collaboration tools.
Srinivasa Addepalli, Senior Vice President, Corporate Strategy, Tata Communications
says, The importance start-ups play in driving economic regeneration and
innovation is unquestionable.
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