Fostering high-potential startups
Mentoring | Rs.10 lacs to Rs. 25 lacs Capital | Market Access
100-day accelerator program designed to help startups build a strong foundation for capital-efficient growth
One-on-one interventions | Group learning sessions | Demo Day | Access to capital
Our focus is on companies with a clear path of profitability, and healthy long-term unit economics.
Startups selected for the program also get an opportunity to pitch for additional funding from our network of angel investors, investor networks, VCs and corporates.
Advisors
FAQs
What is included in the program
Deep-dive reviews for a startup assessment report and scorecard
Candidates shortlisted for the programs will undergo a deep-dive review using the proprietary applyifi assessment framework. This scorecard and report, done at the beginning of the program, provides specific, actionable insights to founders on areas that their venture needs to be strengthened on to make it market-ready, scale-ready and investor-ready.
Based on this scorecard, we prepare a development plan for each shortlisted startup to be taken up in the accelerator program.
Program
The 100-day program will have a very structured curriculum for group learning sessions, and one-on-one interactions based on specific action plans and expected outcomes defined for each startup.
Our team will do periodic reviews to track the progress and identity alternate interventions that may be required.
One-on-one mentoring
At the beginning of the engagement, the Neo Leap team and the startup founders will align on specific goals that we will achieve during the program, and the broad approach for the same.
Each startup shortlisted from the program will be assigned an ‘anchor mentor’, who along with our extended pool of mentors and resources will be committed towards meeting the objectives agreed.
We will pull in external mentors as required, primarily as group learning sessions but could also be one-on-one interactions as required.
What startups give Neo Leap Accelerator
1% - 3% sweat equity
3% of the amount of capital raised by the startup via the Neo Leap investor connects
Note: Before accepting a startup in the program, we will be checking with our investor network their interest in investing in the startup. We will accept only those startups in whom our network of investors have initiated an interest to invest / co-invest during or at the end of the program.
What is the selection process
There will be 3 rounds of filtering to select the companies we want to engage with:
We expect to select 8-10 startups for the cohort of 2020
Timelines
Applications open for cohort 2020
Till November 15
1st shortlisting
December 15th
Round 2, we will do a one-on-one interactions with shortlisted candidates
1st January - 30th January
Cohort declaration
31st January
Pre-program deep-dive reviews
1st Feb - 10th Feb
100-Day program
Feb 15th - May 25th
Demo Days and investor showcase
May and June 2021
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