Start-ups will get the opportunity to pitch to investors. Techcelerator does not provide any funding.

Yes

Accelerators are slow, they drag through the process without hitting the market quickly.

All startup accelerators are the same, when in fact there can be significant differences in the programs, resources, and outcomes.

They are biased towards certain industry startups to fund

Not required

We have a separate team to review your idea.

You can check the structure here – https://psgtechcelerator.com/the-program/#calender

It is a 16-week program.

You can apply at any time. Given the anticipated volume of applications, we can’t promise that we will respond to everyone. (Sorry!) But if we’re interested in you, you’ll definitely hear from us.

You can apply here https://psgtechcelerator.com/apply/

A partially refundable deposit of Rs.25,000 is to be paid at the start and Rs.20,000 will be refunded at the completion of the program.

A team with ready to ready to market the product in the fields in any field can participate

Funding, Networking, Mentorship and Resources.

Overall, Joining us can be a great way for an applicant/founder to get their business off the ground and accelerate their growth

Yes

Yes, the program will take place in Coimbatore, Tamil Nadu.

Yes

At least half of the startups we fund don’t need the money. And in fact, the money is only a small part of what PSG STEP does.

It’s important for the founding team to have the skills to build their product themselves, rather than outsourcing it to someone else. For most businesses, that usually means you need a technical co-founder.

PSG step is an industry-agnostic network that supports early-stage startups across all industries. We rely on our community of expert judges to select the highest-potential solutions – regardless of whether startups are in direct or indirect competition with each other

No, it would be a mistake to wait to apply. We also fund companies that are far along, the majority of the companies we fund will always be companies at the very earliest stage. We recommend applying for the PSG Step program as soon as you have a founding team and an idea you are excited about.

Yes

We support entrepreneurs who are in our programs, including our mentorship-driven accelerator programs and community programs. We encourage you to explore more about our programs and determine which would be most helpful to you at this stage of your company journey.

While we don’t screen applications just because they have a single founder, it does make things more difficult. The question we ask is: do you have all the skills your company needs to succeed?

We look for great, balanced teams who have a full range of skills. We strongly advise you to seek co-founders who balance your skillset. For example, if you’re a strong developer, you might consider adding someone with business and/or marketing experience. If you’re a great business evangelist with no developer, it’s very unlikely we’ll accept you into the program, so go find a rock-star developer to join you.

No

In our experience, many successful companies come in different shapes and sizes, but have a few attributes in common at the early stage. These include the quality of the founding team, how well they’ve considered their customer, the market size of their opportunity and their customers’ challenges, how this represents itself in the product they’ve created, and lastly how much funding is required to demonstrate product market fit. The better articulated the above points are, the more comfortable we feel in whether we can deliver value to the founding team.

If you still have questions, please reach out to step@psgtech.edu