New Delhi: Startup accelerators play a crucial role in the journey of any early-stage startup by offering comprehensive support through education, mentorship, and financing. These programs are designed to fast-track the growth of startups, providing them with the tools and resources they need to succeed. Typically, accelerators offer a structured curriculum of workshops and seminars, access to a network of experienced mentors, and opportunities to pitch to potential investors. In exchange for their support, accelerators often take a small equity stake in the startups they help and may charge a registration fee.
One notable accelerator that stands out from this norm is BITS Pilani’s Conquest. It follows a unique ‘zero-cost zero-equity’ model. This means that participating startups do not have to pay any fees or give away any equity in exchange for the benefits they receive. Instead, Conquest provides equity-free cash grants to support the startups. This distinctive approach makes Conquest an attractive option for early-stage startups looking to accelerate their growth without sacrificing ownership or incurring costs. A testament to its efficacy is SocialCops, a Conquest alum, which developed into Atlan and recently made headlines with its valuation exceeding $750 million.
Joining a startup accelerator can be a game-changer for startups, offering access to resources that would otherwise be out of reach. Accelerators provide valuable mentorship from industry experts, exposure to a network of investors, and the opportunity to refine business models and strategies in a supportive environment. The intensive nature of these programs ensures that startups can make significant progress in a relatively short period. This setup is highly advantageous for startups, providing a structured path to rapid growth and increased chances of long-term success.
For startups looking to take their business to the next level, Conquest 2024 offers an unparalleled opportunity. With its zero cost, zero equity model, Conquest allows startups to benefit from all the advantages of an accelerator without any financial burden or dilution of ownership. The program’s hybrid model provides flexibility and access to a wide range of resources and support.
However, time is of the essence—Conquest 2024’s registration deadline is fast approaching, interested startups can register now at conquest.org.in
Conquest 2024 has been organised by BITS Pilani. ThePrint is its Digital Outreach Partner.