Start2Startup Lakshya Accelerator Program

Start2Startup is an accelerator providing support to startups at different stages. “LAKSHYA” is an annual event organized by Start2Startup for supporting startups. The event is open for all sector

startups and the biggest funding opportunity for startups to raise funding for their startup from the top VCs and scale their venture to the next level. The present article briefs the Start2Startup Lakshya Accelerator Program.

Note on Start2StartUp

Start2StartUp is the easy and smart way to launch a successful startup. To help and guide others who have brilliant ideas bubbling inside their mind. If you are a young entrepreneur who has an idea for a startup but doesn’t know how to implement it then apply for the Start2Startup Lakshya Accelerator Program.

Eligible Startups

The eligible startups for the Lakshya program are listed as follows:

Accelerator
Incubator
Investor
Individual
Ideation Stage Startup
Validation Stage Startup
Early Traction Startup
Scaling Stage Startup
Corporate

Eligibility Criteria

The eligible startups for applying Lakshya program are as follows:

Startups with MVP and ready to launch in the market can apply for the program
Startups generating revenue are also eligible for the program
Growth Stage Startups are mostly preferred

Focus Area

Start2Startup Challenge is looking to collaborate & work with startups on any of the following themes:

Analytics, Advertising, and Architecture Interior Design
AR VR (Augmented + Virtual Reality) and Automotive
Art & Photography, Animation, and Chemicals
Computer Vision, Telecommunication & Networking
Construction, Agriculture, Aeronautics Aerospace & Defence
AI, Green Technology, Events snd Fashion
Finance Technology, Enterprise Software, Food & Beverages
Design, Dating Matrimonial, and Education
Renewable Energy, Technology Hardware, Healthcare & Lifesciences
Internet Of Things, IT Services, and Human Resources
Marketing, Nanotechnology, and Non-Renewable Energy
Pets & Animals, Media & Entertainment
Retail, House-Hold Services, and Professional & Commercial Services
Sports, Social Impact, Social Network, Textiles & Apparel
Indic Language Startups, Transportation & Storage
Logistics, Travel & Tourism
Security Solutions, Airport Operations, and Real Estate
Other Specialty Retailers, Safety and Robotics
Passenger Experience, Biotechnology
Waste Management, Toys, And Games

Themes for challenges

This Start2Startup challenge is open to all sectors. Any startups with MVP and ready to launch in the market can apply for the program.

Problem statement

Ideas for a great venture

To promote the startup ecosystem in India
To provide a platform for emerging startups to take the next step to scale their venture

Incentives Offered

Fiscal Incentives

Selected start-ups will get Funding Support from the Venture Capitalists

Non-Fiscal Incentives

The following type of Non-Fiscal Incentives are offered to the startups engaged with the Start2Startup Lakshya Accelerator Program:

Networking
Mentorship
Industry Connect

TimeLine of Lakshya Accelerator Program

Application Opens	17 May 2022
Deadline to Apply	5 July 2022
Application Result Date	12 July 2022

Start2Startup Lakshya Accelerator Program

Application Procedure

The Start2Startup Lakshya Accelerator Program Applications will be open upto 17 May 2022. The applicant is required to access the

official webpage of Startup India.

From the home page click on the Programs option and then select View all active programs.
By clicking on the Challenges from the new page, the list of active Challenges will be displayed. Click on the Lakshya Accelerator Program, the link will redirect to a new page.
Click on the apply now option; the Startup India login page will be displayed. The existing users of Startup India can log in to the portal to apply for the program.
New users need to register on the portal to get the user credential. By clicking on the register now option, the applicant can provide all mandatory details for registration.
After login into the portal, the startup can apply for the challenge.

Procedure Post Submission

The event will be in two-phase

Phase 1: All the applications will be scrutinized and shortlisted startups will be informed.
Phase 2: All the shortlisted startups will be pitching their venture to the VCs and Angel Investor

Back to Learn

Frequently Asked Questions

Common questions about Start2Startup Lakshya Accelerator Program.

The Start2Startup Lakshya Accelerator Program is an annual event organized by Start2Startup to support startups across various sectors. It provides a platform for emerging startups to raise funding from top venture capitalists (VCs) and angel investors, enabling them to scale their ventures to the next level.

Startups from various stages, including ideation, validation, early traction, and scaling, are eligible to apply for the Lakshya Accelerator Program. Startups with a minimum viable product (MVP) ready to launch in the market, as well as those already generating revenue, can participate in the program.

The Start2Startup challenge is open to startups from various sectors, including analytics, advertising, architecture, interior design, augmented and virtual reality (AR/VR), automotive, art, photography, animation, chemicals, computer vision, telecommunication, networking, construction, agriculture, aeronautics, aerospace, defense, artificial intelligence (AI), green technology, events, fashion, finance technology, enterprise software, food and beverages, design, dating, matrimonial, education, renewable energy, technology hardware, healthcare, lifesciences, Internet of Things (IoT), IT services, human resources, marketing, nanotechnology, non-renewable energy, pets and animals, media and entertainment, retail, house-hold services, professional and commercial services, sports, social impact, social network, textiles and apparel, Indic language startups, transportation and storage logistics, travel and tourism, security solutions, airport operations, real estate, other specialty retailers, safety, robotics, passenger experience, biotechnology, waste management, toys, and games.

The selected startups will receive fiscal incentives in the form of funding support from venture capitalists. Additionally, they will benefit from non-fiscal incentives, such as networking opportunities, mentorship, and industry connections.

The application for the Lakshya Accelerator Program opens on May 17, 2022, and the deadline to apply is July 5, 2022. The application results will be announced on July 12, 2022.

Startups can apply for the Lakshya Accelerator Program through the official webpage of Startup India. They need to log in or register on the Startup India portal, navigate to the "Programs" section, find the "Lakshya Accelerator Program" under the "Challenges" category, and click "Apply Now" to submit their application.

After submitting the application, the process will proceed in two phases. In Phase 1, all applications will be scrutinized, and shortlisted startups will be informed. In Phase 2, the shortlisted startups will pitch their ventures to venture capitalists and angel investors.

Yes, there are specific eligibility criteria for startups to apply for the Lakshya Accelerator Program. Startups with an MVP and ready to launch in the market can apply for the program. Additionally, startups already generating revenue are also eligible. Growth-stage startups are mostly preferred.

The Start2Startup Lakshya Accelerator Program aims to promote the startup ecosystem in India by providing a platform for emerging startups to take the next step in scaling their ventures. It offers funding opportunities and mentorship to help startups grow and succeed.

The Lakshya Accelerator Program supports startups by offering fiscal incentives in the form of funding support from venture capitalists. Additionally, it provides non-fiscal incentives, such as networking opportunities, mentorship, and industry connections, to help startups grow and expand their ventures.