ACT
north east

ACT
north east

About the Program

The North-East Accelerator Program (NEAP), is aimed at recognizing potentially game-changing early-stage entrepreneurs from North-East India and creating a supportive ecosystem to help them scale up their businesses. This unique initiative would bring together the key stakeholders in the regional entrepreneurship ecosystem including start ups, investors, mentors and subject matter experts and help unlock the huge potential of the North Eastern states by unleashing the innovative energy of the emerging entrepreneurs of the region. This in turn would have multiple benefits – create many more employment opportunities, reduce or reverse migration of local youth, energize the local business ecosystem, help facilitate the socio-economic development of the region, etc.

The accelerator program, which is a result of collaboration among IIM Calcutta Innovation Park (IIMCIP) and Department of Science and Technology, Government of India, will identify and scale early ­stage entrepreneurial innovations across the North East India. This program will provide the identified start-ups the opportunity of intensive mentoring and training from the pool of experts on various aspects of business and help them mature and establish not only in the region but also beyond. This platform will also help the startups to connect to the market and investors and gain visibility in the ecosystem.

IIM Calcutta Innovation Park (IIMCIP) is a not for profit company set up under the aegis of IIM Calcutta to promote entrepreneurship and innovation and established itself as a premier hub of entrepreneurship development in East and North East India.

Program Benefits

This is a first-of-its-kind unique Acceleration Program tailor-made for early-stage entrepreneurs from North-East India that provides multiple valuable benefits to entrepreneurs from NE India:

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Timeline

Timeline

Who can apply ?

The contest is open to

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FAQs

One needs to first visit the website www.iimcip.org/neap for registering in the Program. The registration and application submission period will remain open from • Dec 15 – Jan 31, 2017 (both days inclusive). Next, click on the “Now Register” section for registration. Once the registration is successfully completed, a registration number will be generated and sent (via email /SMS) to the registered applicants. One needs to then verify the email account by following necessary instructions mentioned in the email. After registration is verified, one may visit the “Application Section” by logging in to the website and fill up the Application form online. The Application form can be saved (click “Save as draft”) and viewed (click “Login”) any number of times before final submission. Once the application is ready for final submission, the Applicant has to click “Submit”. No changes will be permitted after the Application has been submitted. Applicant will get a confirmation of the submission through email and / or a text message. Applicants must quote the Registration Number for all future correspondence.

Yes, the solution should be focused on or based in at least one of the states in North East India.

The shortlisted applicants will be communicated both via Email and SMS confirming their selection to the subsequent stages. All such communication will be sent to Applicants’ registered Email Id and Mobile number.

1. The IIM Calcutta Innovation Park (IIMCIP) is a not for profit (Section 8) company established under the aegis of IIM Calcutta to promote Entrepreneurship and Innovation. The mission of IIMCIP is aligned to the mission of the institute to “develop innovative and ethical future leaders capable of managing change and transformation in a globally competitive environment and to advance the theory and practice of management”. The broad objectives of IIMCIP are: To promote entrepreneurship and create a nurturing ecology where fledgling enterprises with innovative ideas and solutions can flourish. To promote Innovation in research and business through industry-academia partnership. Please visit the website: http://www.iimcip.org/ to know more about IIMCIP.

2. Ennovent is a global innovation company that helps clients accelerate business innovations for sustainability in low-income markets in developing countries. Ennovent works with its clients, partners and community to jointly develop, fund and implement customized Innovation Solutions. Innovation Solutions accelerate innovations for different elements of for-profit business models. They relate not only to products and services, but also to business processes, distribution channels, partnership networks, organization models etc. Innovation Solutions combine different individual components which can be customized to meet the requirements and objectives of clients and partners. Please visit the website: http://www.ennovent.com to know more about Ennovent.

A proof of concept (POC) is a real life implementation /execution of a certain method or idea to demonstrate its feasibility, or a demonstration in principle, whose purpose is to verify that some concept or theory has the potential of being used.

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