Call for Applications for Leap Ahead by STPI! It offers funding up to Rs. 1 crore, a 3-month mentorship program, and global networking connections. Apply by December 10!
About Leap Ahead
After the tremendous success of its 1st edition, LEAP AHEAD (Launchpad for Tech Entrepreneurs towards Accelerated growth and Pioneering AHEAD) is back with its 2nd edition! In collaboration with TiE Delhi-NCR and top investors, STPI launches this pan-India initiative to help tech startups accelerate growth. Gain high-quality mentorship, secure investments, and establish global connections. If you’re a tech startup with early traction or in the growth stage, this is your chance to scale! Don’t miss out on this incredible opportunity.
Key Benefits
- A 3-month intensive mentorship in hybrid mode, blend of virtual and in-person sessions
- Opportunity to access vast network and get 1-on-1 mentorship with investors and industry experts
- Funding of upto Rs. 1 Cr after grooming & hand holding by leading investors
- Networking opportunity and Global Market Exposure
- 1-year Free Associate TiE Delhi-NCR Membership
- Incubation in STPI’s Centers Pan India
- Cloud Credits and other benefits from leading third-party service providers
Eligibility
To be eligible to apply for LEAP AHEAD, startups must meet the following criteria:
- The challenge is open to Indian startups# working in domains related to software product development.
- Startups registered with DPIIT under the Startup India program are encouraged to participate.
- The startup should be a Private Limited Company.
- The startup should be in the scaling stage, growth stage, or planning expansion into new geographical locations or product diversification.
- The startup should have generated a revenue of at least Rs. 10 Lakhs with minimum 1-year audited balance sheet/filed ITR.
- The startup should have raised a minimum of Rs. 25 Lakhs from external investors (not applicable in case of bootstrapped startups).
- Startups with the following criteria will be preferred: Demonstrating traction, preferably between Seed and Series A stages, Building a scalable product or service with a significant total addressable market and defensible growth model.
- At least 51% shareholding with Indian citizen or person of Indian origin. The applicant’s entity should not be a subsidiary company of any foreign corporation.
Timeline
- 15th October 2024: Application submission start date
- 10th December 2024: Application submission end date
How to Apply?
Interested participants can apply through this link.
Deadline
The deadline for submission of application is December 10, 2024.
