build3 Launches 3rd Impact Accelerator Cohort in India

build3, a leading startup ecosystem in India, has announced the launch of the 3rd cohort of its flagship Impact Accelerator program. This fully virtual program, set to commence in the first week of November, is open to early-stage startups with a focus on impactful ventures aligned with the UN's Sustainable Development Goals (SDGs).

• Applications are open until October 15, 2023.
• Successful applicants will receive INR 25 lakh in financial assistance after completing the 10-week program.
• There is also the potential for additional funding during build3's demo day initiatives.

The Success of the Previous Cohorts

The 3rd cohort builds upon the success of the 2nd edition, which saw the participation of 27 startup founders and the creation of 19 impactful startups in India. Notably, three startups from the previous cohort — OnHire, Bolofy, and ReNewCred — received INR 25 lakh each in pre-seed investments from build3.

The Focus on ESG and Sustainable Development Goals in India

The program is open to startups across sectors, with a particular emphasis on those aligned with the UN's Sustainable Development Goals (SDGs) and build3's emphasis on Environmental, Social, and Governance (ESG) principles. This demonstrates the growing importance of sustainability and social impact within the Indian startup ecosystem.

Support and Resources for Startup Founders in India

The comprehensive program offers a range of support and resources for startup founders in India, including:

• Workshops led by industry experts
• Mentorship from successful founders
• Networking opportunities within the build3 community
• Access to essential SaaS tools

This comprehensive approach aims to equip founders with the necessary skills, connections, and resources to thrive in the impact startup space in India.

build3's Vision for Impactful Startups in India

Varun Chawla, Co-Founder of build3, stated, "Our goal is to help 100K impact founders build startups that benefit the mind, body, and the earth over the next ten years. The third cohort of our impact accelerator is a testament to the growing interest in building startups for profit AND purpose in India."

build3's mission is to foster a thriving ecosystem of impactful startups in India, contributing to both economic growth and positive social change. The Impact Accelerator program plays a crucial role in identifying and nurturing these early-stage startups, enabling them to scale their ventures and create lasting impact.