T-Hub, India’s fastest growing startup engine catalyzing Innovation, Scale and Deal flow, has opened registration inviting startups to be part of the final leg of the ‘UberEXCHANGE’ Program in San Fransisco, USA. As part of this program, startups from across India can apply for this unique mentorship with Uber. The entries for application closes on 2nd December, 2016 and the results would be announced by December 2016. The select top 10 would travel to San Francisco, USA in February, 2017.
The call for application is for startups that were mentored through the UberEXCHANGE program in 2016 along with Indian startups tackling challenging issues, unique to India, and offering innovative solutions across AgriTech, HealthTech, FinTech, SmartCity, Sustainability, Social Impact, and Transportation & Logistic sectors. Social innovators working towards solving pressing societal issues, with a potential to scale up and get funded can also apply.
The jury will select 20 startups from the list of applications received, followed by another round of screening where the final 10 startups would be selected. These selected startups will travel to the Uber Headquarters in San Francisco, U.S.A. and would also get an opportunity to interact with global investors, fellow entrepreneurs and the Uber leadership team. The startups will also receive a nominal stipend from Uber for upto two people per startup to facilitate their stay in the Valley.
Jay Krishnan, CEO, T-Hub says, “We introduced the T-Bridge initiative a couple of months back to make programs like UberEXCHANGE accessible to Indian startups. With this strategic partnership with Uber, we are co- creating a global platform for select startups with a high innovation quotient to be showcased and scaled."
This initiative is designed to help the entrepreneurs navigate the growth path through knowledge sharing, access to right tools, visibility and market reach. They will be introduced to potential investors and venture capitalists during their visit. Khaitan & Co has also agreed to facilitate 20 hours of free legal counseling for startups selected through this program.
Amit Jain, President, Uber India commented ,” We are committed to engaging with and giving startups from across the country an opportunity to gain insights that can help accelerate their business. Through UberEXCHANGE, we’re keen on fostering the growth of the startup community and connecting budding entrepreneurs with resources and guidance that they require to take their ideas forward.”