- The new Cohort will begin on February 17 and will offer INR 25 lakh financial assistance to select startups
- The ongoing edition of the 10-week program received 650 completed applications
NEW DELHI: build3, the go-to community for impact startups which are building for profit AND purpose, today announced that it is accepting applications for the 4th cohort of its flagship Impact Accelerator. The program is designed for early-stage startups, and its ongoing third cohort comprises 50 founders shortlisted from over 650 applicants.
The next cohort will begin on February 17, and kick off with a 1-week bootcamp in Goa. Applications will be reviewed on a rolling basis. build3 will offer financial assistance of INR 25 lakhs to select startups at the end of the 10-week program, with opportunities for further funding through the extended community.
Cohort 2 of the accelerator was concluded in August where build3’s financial assistance of INR 25 lakh was extended to three early-stage impact startups. The extensive pan-sectoral investment process will again come under the limelight during the next cohort, applications for which can be found on build3’s website (https://www.build3.org/).
build3’s long-term vision or BHAG (Big Hairy Audacious Goal) is to empower 100k founders creating startups benefiting the mind, body, and earth, go from -1 to 1. The upcoming edition of the accelerator will continue to support early-stage impact ventures aligned with UN Sustainable Development Goals (SDGs) and Environmental, Social, and Governance (ESG) regulations.
Mr. Varun Chawla, co-founder of build3, said, “The program has helped us gather critical insights on the contemporary school of thought among upcoming Indian impact founders and we made headway on our goal of supporting 100k impact founders. We have a very clear objective of what we want to witness from the founders at Cohort 4, and we are looking forward to meeting people who are interested in building startups for profit AND purpose.”
Aspirants will have to fill a detailed application, followed by an online interaction, if shortlisted. The process is designed to identify suitable founders committed to their ideas and aligned with build3’s long-term vision.
Over the 10 weeks of the program, entrepreneurs will be upskilled through workshops and keynotes on market research, GTM, product/service building, storytelling, organisational behaviour structuring, fundraising, accounting, and compliance. The program will also feature successful subject matter experts, who will deliver critical mentorship to the next generation of founders.
Participants will enjoy invaluable networking opportunities, access to SaaS tools and free credits from multiple tech service providers. They will also be part of the larger build3 community comprising 300+ creators, mentors and investors, significantly bolstering their chances of success.
About build3
Founded by Mr. Varun Chawla in 2020, build3 is your go-to community to build impact startups for profit and purpose. The objective behind its existence is to support and empower 100k founders to build impactful startups benefiting the mind, body, and earth (building towards UN SDGs, leveraging ESG) by leveraging diverse community modules — the impact accelerator, an online community, the online impact startup academy, demo day, startup eco ashram and coworking community hub. The flagship program, Impact Accelerator, focuses on helping impact founders find co-founders, refine their startup ideas and help them develop a viable business model. build3 accepts applications from -1 to 1 stage, ensuring a structured journey through ideation, creation, and scaling.
