Goan startups to get boost from Silicon Valley company – Times of India

Panaji: Budding entrepreneurs and innovators in Goa looking to convert technology-based ideas into successful startups could soon get a boost with Silicon Valley-based Founder Institute (FI) launching its startup accelerator programme in Goa. In a sign that Goa’s nascent startup sector is gaining global attention, FI has announced that it aims to incubate projects in the ideation stage and build 20 technology companies per year in the state.
With a presence in 200 cities, FI is one of the world’s major pre-seed accelerators and focuses on mentoring and guiding startups through the early stage funding process. In Goa, FI’s virtual accelerator programme will be steered by advisor for Lloyds Ventures, Chintan Oza, co-founder and chief executive officer of Brunchbites, Pritam Onsker, Brunchbites co-founder and image consultant Priyanka Row.
The final admissions deadline for the Goa Virtual 2022 programme is March 13.
Started in 2009 by serial entrepreneur Adeo Ressi and his colleague Jonathan Greechan, FI puts aspiring entrepreneurs and early-stage founders through an assessment programme and a rigorous course.
“After spending 22 years in the corporate space, I thought it was time to do something for Goa. As a state, Goa comes with a high per capita income and literacy rate as well as smartphone penetration. The education system in Goa is ever improving thus creating a pool of youngsters waiting for an opportunity. With all these ingredients, Goa can become a good start-up hub and hence Goa,” said Onsker.
Based in Silicon Valley, and with chapters across 200 cities, FI claims to help startup teams get traction, mentoring and funding. Many of India’s top startup technocrats such as IBM India’s associate partner Bhaskar Bulusu, former Dell director Ajay Hiraskar, founder and board member of Kilowott, Aaron Fernandes and others have agreed to be part FI-Goa and mentoring entrepreneurs. Local incubators such as CIBA, FiiRE and Atal Tinkering Labs have also agreed to be part of the programme.
“With FI, Pritam and I wished to bring back to our home state the opportunity for our local technology startups to pitch to global world class funds, investors and mentors,” Row said.


Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.