IIM-Ahmedabad’s start-up incubation centre, Centre for Innovation Incubation and Entrepreneurship (CIIE), in partnership with Village Capital, will kick off their last series of accelerator workshops on August 19 and culminate with a venture forum for India’s leading seed stage investors on August 22. With support from The Rockefeller Foundation, “The Last Mile Access Accelerator” is a programme that aims to help scale innovative enterprises that are increasing access to underserved populations.
The accelerator’s cohort comprises the following healthcare enterprises:
- Bodhi Health Education leverages low cost mobile technology coupled with eLearning to create scalable, high quality training solution for the bottom of pyramid health workers.
- MicroX Labs develops lab-on-a-chip based miniaturised point-of-care medical diagnostic devices, currently focusing on Complete Blood Count (CBC) chips, in order to provide affordable, accessible and quality diagnostic solutions.
- Uber Diagnostics provides affordable healthcare diagnostics through a mobile application and data analytics.
The first two workshops have been successfully completed and the second session at CIIE, IIMA with events such as the Stakeholder forum, reportedly saw over 60 relevant customers and stakeholders. The programme will culminate on August 19 for a final five day workshop. The focus will be on raising capital, practicing pitches, prepping for investor meetings, fine tuning their financials, participating in simulated board meetings, and more.
The main event of the third workshop will be the Venture Forum that will be held on the August 22. Starting at 10:30 am, companies will pitch their businesses to a room of investors and then will be given some time to answer initial questions. Later on, there will be one on one meetings between investors and entrepreneurs. At the end of this final workshop, participating entrepreneurs will assess one another with two top-ranked start-ups, who will receive Rs 30 lakhs each in investment funding.
EH News Bureau
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