GUSEC Techcelerate

Acceleration under NIDHI Platform of Government of India

GUSEC Techcelerate is a startup accelerator supported by the NSTEDB, Dept of Science and Technology, Govt of India. The accelerator focuses on four key areas: Fintech, Healthtech, Cleantech and Edtech and would support tech-enabled startups to scale their efforts to the next level of their enterprise creation.

The accelerator program includes dedicated one-to-one coaching, networking opportunities with investors, as well as access to funding from GUSEC of up to ₹50 lakh in investments. The startups in the accelerator also stand to win prize money of upto ₹10 lakhs.

Applications for Techcelerate are closed as of 11:59 PM IST on August 9, 2022.

Supported By

GUSEC Techcelerate: The Accelerator Program

Startups selected in the accelerator will go through a 10-week of accelerator program which will include one-to-one dedicated mentorship, group mentorship, progress review, skill-building, networking, business coaching and prize money up to ₹10 lakhs. Startups would also get access to a variety of resources such as:

  • Funding access of up to ₹50 lakhs
  • Follow on funding support from the GUSEC investors network
  • Up to $100K in cloud credits
  • On-demand mentorship and guidance
  • Technology resources
  • Networking and facilitation

Eligible Sectors

Preference will be given to startups and ideas in the following sectors for this acceleration program.

CleanTech
EdTech
FinTech
HealthTech

Eligibility

  • Technology orientation/alignment with one or more eligible sectors is a must
  • The company must be incorporated as a private limited company or an LLP
  • The company's period of existence should not be exceeding a duration of 5 years as on July 19 2022
  • The company should be registered in India with majority of shareholding owned by Indian promoters

Key Benefits

Up to Rs. 10 lakh in prize money for selected startups of accelerator
Access to follow on funding through GUSEC Network
Accelerated Mentorship through Accelerator
Corporate and Government Connect
Networking and facilitation

Program Timeline

Techcelerate starts on July 19th, 2022. The last date to apply is August 9th, 2022, after which a shortlist of startups for the accelerator will be announced in End of August. The accelerator will run for approximately 9 weeks from the last week of August to the first week of December, followed by Demo day with a closing ceremony in December 2022.

Program Timeline

Techcelerate starts on July 19th, 2022. The last date to apply is August 9th, 2022, after which a shortlist of startups for the accelerator will be announced in End of August. The accelerator will run for approximately 9 weeks from the last week of August to the first week of December, followed by Demo day with a closing ceremony in December 2022.

Application Window Starts

19th July 2022

Last Date to apply

9th August 2022

Announcement of shortlisted startups

End of August

Duration of Accelerator

Last week of August to first week of December

Pitch & Demo Day

Mid of December

Apply Now

Application for GUSEC Techcelerate can be made by filling the Google Form available here or by clicking the button below, latest by 11:59 PM IST on August 9, 2022.

Applicants will be required to log in to a Google account or a Google Workspace account to make the application. In case the above link does not work, please copy and paste this URL into your browser: https://forms.gle/QrrAsev3WDE3mLRD9

Applications for Techcelerate are closed as of 11:59 PM IST on August 9, 2022.

With the Support of

Partners

Supported by Gujarat University and its group companies

Patrons

Frequently Asked Questions

What is the duration of GUSEC Techcelerate?

The duration of the Accelerator is proposed as approximately three months, once shortlisted.

What will be the selection process for startups using best practices?

The startup application will be shortlisted if it meets the eligibility criteria and falls within the mentioned sectors. Preference will be given to the growth-based startup.

When will the demo day take place? What will be the nature of the demo day?

The Demo Day will be scheduled for December 2022 and shall be held in an offline mode or hybrid (Subject to change) with direct interaction with Angel Investors and VCs.

Contact Us

If you have any questions, please feel free to contact our programs team at the following coordinates:

Email: [email protected]

Phone: +91-8896 262 262

Our team would usually reply to emails within 48 working hours. Our telephone lines are operational on all working days between 11 AM and 6 PM.