iAccelerator.org - A New Indian Startup Incubator

Modeled after the highly-popular YCombinator, iAccelerator is directed by Freeman Murray, and it will be conducted at IIM Amhedabad. It can be best-defined as an intensive startup assistance program which is aimed at those who live in India and who are just making their first forays in the entrepreneurial world.





Participants are requested to live and work from Ahmedabad for a semester (May 1st to September 1st, 2009).The incubator invests up to 5 Lakh in each company they work with, and (as it is the norm with initiatives like this) participants come into contact with industry veterans and connoisseurs. Of course, they also have exposure to investors and those who call the shots.

The ultimate aim of initiatives such as this one is to equip young visionaries with the resources for making their plans not only materialize but also become corporate assets that stand a ground of their own. If you are lucky enough to live in India or can afford to go there when the semester starts, this Incubator might just be what you need in order to get from A to B and some way beyond indeed.