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SAP ties up with IIM-Ahmedabad's CIIE to launch startup accelerator programme
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  • SAP ties up with IIM-Ahmedabad's CIIE to launch startup accelerator programme

SAP ties up with IIM-Ahmedabad's CIIE to launch startup accelerator programme

FP Staff • May 27, 2015, 16:33:01 IST
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The Startup Accelerator Programme aims to create a pipeline of investable startups from this region by scouting for entrepreneurs from Gujarat and providing them with mentorship opportunities.

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SAP ties up with IIM-Ahmedabad's CIIE to launch startup accelerator programme

SAP has launched a startup accelerator programme in partnership with Center for Innovation Incubation & Entrepreneurship (CIIE) at IIM-Ahmedabad to provide mentorship to early-stage entrepreneurs.

Through this programme, 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 vibrant entrepreneurial ecosystem in Gujarat.

[caption id=“attachment_1987963” align=“alignleft” width=“380”] ![Reuters](https://images.firstpost.com/wp-content/uploads/2014/09/sap-reuters.jpg) Reuters[/caption]

“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. “The programme seeks to help entrepreneurs from tier II and tier III towns drive sustainable economic growth and innovation, and make Digital India real.”

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The programme will be a significant catalyst of growth for entrepreneurs from emerging towns. 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.

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The Startup Accelerator Programme aims to create a pipeline of investable startups from this region by scouting for entrepreneurs from Gujarat and providing them with mentorship opportunities.

“Innovation and economic growth are directly linked to Gujarat’s ability to develop individuals with the skills to become a successful entrepreneur,” said Kunal Upadhyay, CEO, CIIE at IIM – Ahmedabad. “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.”

In addition, this programme will help develop a ecosystem and support entrepreneurs in areas such as social entrepreneurship, healthcare, education, sports, Internet, mobile, Internet of Things, clean technology, smart city and food & agri business by providing them with operational guidance and access to capital.

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