The Chennai Angels (TCA), a leading angel investor network, and Brinc, the leading global venture accelerators, have announced the launch of an online acceleration program for AgriTech & FoodTech, HealthTech, and FinTech startups, for which applications are now open.
The three-month intensive program will provide participating startups a minimum investment of $50,000 and the opportunity for further funding based on their performance and initial traction.
Startups will be fully supported through their product development and will receive business and investor connection/matchmaking to facilitate growth.
“The Chennai Angels is delighted to partner with Brinc on this initiative to support startups in HealthCare, FinTech, AgriTech, and food processing industries. Not only will we be able to extend much-needed seed capital but also to expose startups to an elite network of mentors who will work with them to achieve initial revenue traction,” said K Chandran, CEO of The Chennai Angels.
“TCA looks forward to the launch of TechBlazers with much anticipation, as we wait to see which of the startups successfully pass vetting and are invited to be part of this cohort,” he added.
TechBlazers is open to India-domiciled startups and will run virtually for three months. Startups will be, among other things, supported with:
- Access to international and local mentors.
- A full spectrum of manufacturing services in Asia
- Sales and marketing strategies to help grow their businesses
- Support to develop their business models
- Negotiation mock sessions to improve skills in connecting with Investors
- Pitch practice and support to improve pitch decks and promo materials
- Multiple group and individual training sessions on technical feasibility, financial viability, and market desirability
In addition to funding received upon selection to the program, startups will benefit from access to Brinc and TCA’s extensive network of mentors, investors, corporates and industry experts. To support growth beyond the program graduates will get a dedicated Portfolio management team.
“Brinc is excited to launch this program with TCA and showcase our further commitment to the development of high-quality startups in India. Over the years we have seen the potential of the Indian ecosystem and we have been impressed by the quality of start-ups we have worked with. We are happy that this opportunity expands and cements our presence in India allowing us to join our global network of resources with TCA’s to help motivated founders solve the most challenging problems that India is facing,” said Mikhail Zenchenkov, Program Director for India, Brinc.
