February 1 2016, 17.29 PM IST || Pocket News Alert
The program invites application forms from Start ups for the Acceleration program
Hyderabad, February 01, 2016……SPARK10, India’s first European Startup Accelerator announces its launch today at the prestigious campus of Engineering Staff College of India (ESCI), Gachibowli - Hitech City Corridor of Hyderabad, India.
It is being launched formally today in a function at HICC by Chief Guest Jon Bradford who is considered as the God Father' of Startup Accelerator UK - Jon Bradford. He is also the Managing Director of Ignite 100 Accelerator.
Also the launch event will be graced by Jayesh Ranjan, IT Secretary, Govt. of Telangana. Jayesh Ranjan will launch of World’s first Reality show on Start-up Accelerator – SPARK10.TV
An exclusive partnership between GREX and SPARK10 will be announced. Atal Malviya, Founder of Spark 10 and Manish Kumar of GREX signed the agreement.
Another Strategic Partnership between SPARK10 and CtrlS will take place chiefs of both the companies Atal Malviya and Sridhar P.
Spark10 is backed by one of the strongest international mentors and angel networks, a unique group of entrepreneurs, VCs and Founders.
Spark10's founding Advisors include 'God Father' of Startup Accelerator - Jon Bradford and MD of Ignite 100 Accelerator UK, Paul Smith. Its global mentor network of 500+ mentors includes Director of a Swiss nonprofit foundation, Jonathan Quigley, World Economic Forum, Switzerland; Director of CHC (Consumer Health Care) at Boehringer Ingelheim, a global group of companies in Japan and Founder CEO Sleepout UK.
“We have arrived in India with a single motive to churn out startups into valuable companies. We are here to foster rapid growth of portfolio of Tech Startups”, informed Atal Malviya, Lead Founder of Spark10.
Spark 10's Mission is to transform Early Startups to Investable businesses with support of 500+ global mentors, $100 Million funding coming for Startups
Accelerator is an intensive 3 – 4 month mentor driven programme, along with seed funding, expert mentorship and global network to facilitate the real business growth. Many popular successful startups have graduated from Accelerators in the West, Dropbox, AirBnB, and Quora to name few.
SPARK10 invites startups with Minimum viable product in the domains of IOT (Internet of Things), Mobile, Internet, Smart Technologies, Analytics, machine learning etc. The Accelerator aims to provide seed-funding support INR 20 lakhs in each of the 10 selected startups and providing them workspace for 13 weeks programme.
Overall Spark10 aims to invest $100million across several startups over next 2 years. Also extending support of International mentors, Subject matter experts, angel investors, VCs as well as alumni network.
“I believe, the selection process to identify the Top 10 promising startups will not be easy”, comments Mr. Malviya.
Jon Bradford, “God Father” of Startup Accelerators who came from Europe launched the application process for the 1st cohort of SPARK10 Accelerator.
“We offer a network of support that lasts throughout entrepreneurial journey of a founder. We enable entrepreneurship accessible by opening doors to capital, mentorship, marketing, business development, customer acquisition and talent recruitment” informed Atal Malviya, Founder of Spark 10 Accelerator.
1- Jon Bradford, Founding advisor of SPARK10
Managing Director of Techstars in London and co-founder of f6s. Previously Jon was the co-founder and CEO of Springboard which subsequently merged with Techstars. In addition, he has also founded ignite100, a re-invention of the Difference Engine that was Europe's first accelerator bootcamp, Startup Wise Guys Accelerator in Estonia, Eleven Accelerator in Bulgaria and TexDrive Accelerator in Moscow. He is knows as 'God Father of Startup Accelerators' in Europe.
2- Atal Malviya, Founder SPARK10
A successful leader and critical thinker with extensive experience in building, scaling and running fast growth startups. Few startups he built and exited successfully are from Digital, Social, Medical and Legal verticals. He is founder of VC funded Data Analytics companies Odimax and Concepto Analytics. He has worked with global technology companies – Oracle Corporation & SAP Labs, and delivered large-scale projects involving Change Management to public sector clients in the UK. He was also associated with Tata InfoTech Research Centre at Indian Institute of Technologies (IIT) Delhi and founded and mentored multiple technology startups. Atal has invested in handful of promising Tech Start-ups in Europe and UK.
3- Manish Kumar, CEO, Grex.in
Manish is the Co-founder & CEO of GREX. He is also a Sr. Venture Partner at the early stage Venture Capital firm IncuCapital, the principal promoter of GREX. Manish built GREX because, he was unhappy to see companies die because they couldn't run the process of fund raising when they should instead bring value to the world. He wanted to create a system where investors who wanted to contribute to emerging companies will get the best way to Discover, Invest and Grow together in a way that is easy and almost effortless. His vision was to not only enable that but to do so seamlessly matching transactional efficiency of best financial systems in the world.
