Plaksha University launches Accelerator Program on National Startup Day to support aspiring entrepreneurs

As an integral part of the Info Edge Center for Entrepreneurship, PLAP supports startups to become portfolio companies, offering financial assistance for setup costs, agreements, and free physical incubation for six months. The program structure, crafted to industry benchmarks, emphasizes monthly activities such as pitch practice and mentor meetings.

Plaksha University unveiled the Plaksha Launch Accelerator Program (PLAP), an initiative of the Info Edge Center for Entrepreneurship. The program aims to foster innovation, support aspiring entrepreneurs, and solve stirring problems in the larger world. The program was launched at the university campus through an event, Alchemy'24, aimed to catalyze innovation and nurture the entrepreneurial spirit in young minds.

National Start-up Day, PLAP signifies a commitment to nurturing talent, driving innovation, and reshaping the technology education landscape in India. The 6-month pre-seed initiative is exclusively designed for students and alumni. This program aims to provide a platform for individuals with innovative ideas, fostering the next generation of tech entrepreneurs.

As an integral part of the Info Edge Center for Entrepreneurship, PLAP supports startups to become portfolio companies, offering financial assistance for setup costs, agreements, and free physical incubation for six months. The program structure, crafted to industry benchmarks, emphasizes monthly activities such as pitch practice and mentor meetings.

PLAP offers students a structured journey, providing essential workshops and personalized 1-1 sessions covering areas such as customer development, product development, financial planning, fundraising, and pitch practice, fostering comprehensive entrepreneurial skills and readiness for the startup ecosystem. With a focus on vision, mission, and practical aspects like legal IP and branding, PLAP ensures a holistic approach to student startup preparation and success.

Speaking about the program, Professor Rudra Pratap, Founding Vice-Chancellor, Plaksha University,  said,  "Through PLAP, we will prepare the youth of tomorrow to address grand challenges innovatively by providing them a robust platform. This initiative is a testament to our steadfast commitment to nurturing young innovators who will shape the future by providing them a conducive space wherein they learn to take up real-world challenges and address them creatively ."

Sharing his thoughts, Dr Ritesh Malik, Founder, Inno8 Coworking, said “PLAP represents a pivotal step towards reimagining a dynamic entrepreneurial ecosystem and creating future leaders. Plaksha University's commitment to providing a launchpad for aspiring innovators is commendable.  This will be an incredible platform for aspiring entrepreneurs to unlock their true potential and turn their ideas into business success stories. I am excited to contribute and witness their transformative journey."

The launch of PLAP during Alchemy'24 was marked by an illustrious speaker lineup, Dr. Rudra Pratap, Vice Chancellor of Plaksha University, Smt. Jaspreet Talwar, IAS, Principal Secretary, Notable segments included insights into the Plaksha Launch Accelerator Program, an MoU signing with ADIF (Alliance of Digital India Foundation), and a panel discussion on "Investing 101 for Early Stage Entrepreneurs'' with industry leaders like Dhianu Das, Co-Founder, Agility Ventures,  like Dhianu Das, Nischaiy Pradhan,  Nischaiy Pradhan, Founding Partner, Favcy, Anisha Patnaik, Founder, LexStart Partners, Nitika Khurana, Chandigarh Angels Network

The accelerator program will offer students fresh viewpoints and crucial skill sets with the intent of creating an innovative and entrepreneurial future. The startups involved in PLAP include Pinewheel Labs, Theranotes, RoboLLB, Purifico, AIRIS, RhoSigma Technologies, and WanderLog.

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