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SAP partners with CIIE to foster entrepreneurship in Modi’s home city

The Startup Accelerator Program focuses on a Gujarat

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Rashi Varshney
New Update
e-assam-2015

AHMEDABAD, INDIA: Software giant SAP has launched a Startup Accelerator Program in partnership with Center for Innovation Incubation & Entrepreneurship (CIIE) at IIM-Ahmedabad to strengthen the local entrepreneurship ecosystem and provide mentorship to early-stage entrepreneurs.

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Through this program, SAP and CIIE aim to catalyze assistance from several support organizations such as angel networks, co-working spaces, fabrication labs, incubators, industry associations, and, technology and academic institutions, which have been working towards creating a entrepreneurial ecosystem in Gujarat.

Entrepreneurs will undergo a three-month, non-residential boot camp and monthly training workshops. They will be paired with domain experts from SAP Labs Bangalore to get insights into the latest technology innovations. The Startup Accelerator Program aims to create a pipeline of investable startups from this region by scouting for entrepreneurs from Gujarat and providing them with mentorship opportunities.

“Entrepreneurs are the emerging leaders of the Digital Economy. They generate tremendous employment opportunities and contribute to the country’s growth,” said Adaire Fox-Martin, President, SAP Asia Pacific Japan. He also added that the program seeks to help entrepreneurs from tier II and tier III towns drive sustainable economic growth and innovation, and make Digital India real.

“We are pleased to collaborate with SAP on this initiative, and we will support this by leveraging our past experience and expertise to fast-track startup growth through operational guidance, mentoring and access to capital,” said Kunal Upadhyay, CEO, CIIE at IIM – Ahmedabad.

The Startup Accelerator Program aims to develop a robust ecosystem and support entrepreneurs in areas such as social entrepreneurship, healthcare, education, sports, internet, mobile, Internet of Things, clean technology, smart city and good & agri business by providing them with operational guidance and access to capital.

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