Aroa Ventures - New Venture Program (scalex)

NEW VENTURE PROGRAM

MISSION:

To provide a platform for mission-driven entrepreneurs to bring their ideas to life.

PROGRAM BENEFITS:

1. An investment of up to $100,000 in the form of equity as deemed by the panel

2. Mentorship from experienced entrepreneurs and domain experts

3. Access to specialized support and exposure to the Aroa Venture Partners network.

PROCESS TIMELINE:

1. Application Deadline: 16/06/2023 11:59 PM IST

Submit your application with proper pitch documents and other necessary documents

2. Round 1 Announcement: 23/06/2023

We will screen all the applications and announce shortlisted candidates

3. Virtual Pitch Round: 10/07/2023 and 11/07/2023

Shortlisted teams will go through a virtual pitch round

4. Round 2 Announcement: 17/07/2023

Shortlisted teams will proceed to the final round

5. Final Pitch Round: 07/08/2023 and 08/08/2023

This will be in-person and you will be presenting to a panel of 5 judges

6. Winning Teams Announcement: 15/08/2023

Winning teams will go through a two week startup camp at Aroa HQ

ELIGIBILITY CRITERIA:

1. The startup must be operational in India with all the founders above 18 years of age

2. The startup should have been in business for less than 3 years

3. The startup must be bootstrapped