National Skill Development Corporation (NSDC) and seed-stage accelerator Startup Stairs have launched the “Growth Acceleration Program with 4i (Integrity, Inclusion, Innovation and Impact)” to aid companies in obtaining funding and other significant forms of support.
20 of the most innovative startups working to improve the informal economy in the fields of agri and food tech, logistics and SCM, media and entertainment, fashion technology, e-commerce, travel and tourism, hospitality, and IT will be identified by the programme and given seed funding ranging from INR 20 lakh to INR 1 crore.
The aim is to focus on providing startups with mentorship, advice, and resources to help the startups succeed, including a Demo Day – a day to focus the attention of the startup-investor community on the startups through hosting a series of investment pitches.
Who is Startup Stairs?
“Startup Stairs was founded with a singular purpose — support and empower the evolution of startups and MSMEs to make them create employment, wealth, and a resilient economy. By finding startups who can provide the forward market linkage to skilled and certified youth by either making them employed or small entrepreneurs, the country can improve its skill index and multiply the number of home-grown startups, thereby attracting global investors,” said Preet Sandhuu, Founder & Director, Startup Stairs.
Startup Stairs says its goal is to make it simple for startups and early-stage companies to access capital and other resources, hence accelerating their growth. It aims to provide a range of services to chosen startups, including a trustworthy and vetted collaborative network of active angel investors and VCs looking to invest in early-stage, high potential startups, extensive hands-on experience, strategic alliances, investment decks, accounting and fundraising support, and expertise with regard to growth strategies and processes.
What is the deadline to apply for the Startup Stairs Program
Startup Stairs launches growth accelerator program; The deadline for applying to the Startup Stairs NSDC program is November 25th 2022. The best 20 startups, shortlisted from an pool of 50 startups, will be announced on 9th December.
What is the Eligibility Criteria?
Startups must be DPIIT recognised, to qualify for the program, and have tech-driven innovative ideas to uplift the unorganised sector manpower by upskilling them, be on a scaling stage with a ready tech platform, and be focused on the unorganised, informal, and socially disadvantaged section of the society in order to qualify for participation in the Growth Acceleration Program with 4i.
