Ahmedabad: Tata Communications, a Tata Group company, on Thursday said it has partnered with IIM-Ahmedabad's flagship iAccelerate programme to encourage entrepreneurs in the information and communications technology space.
iAccelerate is a flagship programme of the Centre for Innovation, Incubation and Entrepreneurship (CIIE) at IIM-A and has helped 17 successful start-ups in the information and communications technology (ICT) space since inception.
"This year, Tata Communications is partnering with iAccelerate to support both financially and infrastructure-wise. Eleven start-ups will be supported in the iAccelerate programme this year," Tata Communications Senior Vice-President Srinivasa Addepalli said.
The three-month programme provides entrepreneurs in the ICT segment access to mentoring, infrastructure and investment support to kick-start their business.
"Senior executives will mentor the entrepreneurs this year to launch their business ideas," Addepalli said.
At the end of the programme in January next year, the participants shall showcase their final prototype business models before prospective investors.
A few of the start-ups incubated through the iAccelerator programme in the past include Innoz, Beevolve, Hashchube, iBloom, Audech and Rendanyway.
CIIE was set up at IIM-A with the support of the Gujarat government and Department of Science and Technology of the Indian government to promote innovation and entrepreneurship.