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Start2Startup Lakshya Accelerator Program

Start2Startup Lakshya Accelerator Program

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