December 1, 2009 – April 1, 2010Bangalore, India iAccelerator works with brilliant entrepreneurs to establish well run, technically excellent, profitable technology companies in India. We use our experience setting up companies, our business network and & money to ensure that companies working with us are well formed and & have access to the people and & information they need to be successful. We invest 1 - 5 Lakh in participating companies, & the founding teams are required to live & work near our location in Bangalore from December 1, 2009 through April 1, 2010. We typically ask for 5 – 10% of equity in return for our investment. Committed individuals with strong technology skills and clear ideas about how to use the internet or mobile technology to solve people’s problems & earn money are encouraged to apply. iAaccelerator is an initiative by Center for Innovation Incubation & Entrepreneurship (ciieindia.org) at IIM Ahmedabad. The 2009 Winter Edition shall be run jointly by CIIE & UpStart.in, a micro-venture fund based in Silicon Valley. Visit iAccelerator.orgto find out more about the application process.
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