ACE $100k High-Touch AI Accelerator by Invention Engine — Frequently Asked Questions
Answers to the questions founders most often ask about ACE $100k High-Touch AI Accelerator by Invention Engine — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding do startups receive under ACE?
Startups can receive up to ₹90L (equivalent to up to $100,000) in founder-first capital, which is provided as a grant without equity dilution.
What is the application deadline?
The program has a rolling admissions process, so there is no fixed deadline. Applications are accepted on an ongoing basis until the cohort is filled.
What types of startups are eligible for this accelerator?
The program is designed for early-stage AI and deeptech startups that have an MVP, have been operational for 6–12 months, and preferably have some early users. Founders with a strong product background are preferred.
Can college students apply?
Yes, college founders are eligible to apply, but only if they have a working product already developed.
Where is the accelerator based, and must founders relocate?
The program is based in Delhi NCR. Founders must be willing to relocate to Delhi NCR for the majority of the six-month program.
Does the startup have to be registered as a particular entity type or have DPIIT/MSME registration?
There are no specific entity-type or DPIIT/MSME registration requirements mentioned in the program details. However, startups should be legally incorporated.
What format of support, other than capital, is provided?
Startups receive hands-on mentorship across product, go-to-market, hiring, and fundraising, along with access to a global customer advisory board. The entire experience lasts six months with deep, personalized engagement.
Is equity taken in exchange for the funding?
The program offers a grant-based model. No mention of equity is made, so it is considered non-dilutive capital for selected startups.
Who is eligible to apply for ACE $100k High-Touch AI Accelerator by Invention Engine?
ACE $100k High-Touch AI Accelerator by Invention Engine is open to startups at the product and revenue stage working in ai saas enterprise and deeptech electronics robotics. It is open to startups registered anywhere in India.
Who offers ACE $100k High-Touch AI Accelerator by Invention Engine?
ACE $100k High-Touch AI Accelerator by Invention Engine is offered by Invention Engine, a startup accelerator. It is provided as non-dilutive funding.
How do I apply for ACE $100k High-Touch AI Accelerator by Invention Engine?
Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.
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