AVINYA AI Accelerator – Cohort 2 by ACSEL Technology Forum — Frequently Asked Questions
Answers to the questions founders most often ask about AVINYA AI Accelerator – Cohort 2 by ACSEL Technology Forum — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding does the AVINYA AI Accelerator offer?
Selected startups receive up to ₹10 lakhs in seed funding, disbursed based on milestones. Top-performing startups are eligible for follow-on funding of up to ₹1 crore.
What is the application deadline for Cohort 2?
The deadline has not been specified in the program details.
Which startups are eligible to apply?
Eligible startups must be AI-focused, based in Karnataka, and at the MVP to Seed stage. The team should have 2–10 members with at least two full-time founders. All founders must commit to active participation for the full 4 months.
Does the program take equity?
The funding is structured as a grant (seed funding and follow-on funding), so no equity is taken.
What are the key selection criteria?
Startups are assessed on five pillars: founding team, market opportunity, product innovation, business model, and impact potential.
Is there a mandatory Demo Day?
Yes, the program concludes with a Demo Day, and at least one core team member must be available to present.
Is DPIIT or MSME registration required?
The program details do not specify any requirement for DPIIT or MSME registration.
Where is the accelerator based?
The accelerator is based in Karnataka, and an optional co-working space is available in Bengaluru.
How do I apply?
Applications are submitted through the official ACSEL accelerator application form at https://acsel.in/accelerator-application-form/.
What happens after the program?
All graduates become members of the ACSEL Alumni Network, gaining continued access to the community and resources.
Who offers AVINYA AI Accelerator – Cohort 2 by ACSEL Technology Forum?
AVINYA AI Accelerator – Cohort 2 by ACSEL Technology Forum is offered by ACSEL Technology Forum, an academic institution. It is provided as non-dilutive funding.
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