LEAP AHEAD initiative: Launched by STPI for startups to get access to investment, mentorship & global connect
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Source: The post is based on the articleLEAP AHEAD initiative: Launched by STPI for startups to get access to investment, mentorship & global connectpublished in “PIB” on 7th November 2023

Why in the News?

The Ministry of Electronics & Information Technology (MeitY) Secretary has launched the LEAP AHEAD initiative.

What is the LEAP AHEAD Initiative?

AspectsDetails
Launched bySoftware Technology Parks of India (STPI) and The Indus Entrepreneurs (TiE) Delhi-NCR
AimTo support tech startups by offering them access to funding, mentorship and global connections.
Full FormLaunchpad for Tech Entrepreneurs towards Accelerated Growth and Pioneering AHEAD (LEAP AHEAD)
Benefits for Startups1.Intensive Three-Month Mentorship Program
2.One-on-One Mentorship with investors and industry experts.
3.Funding Potential of upto ₹1 crore
4.Access to networks and exposure in the global market.
5.One year of free associate membership with TiE Delhi-NCR
EligibilityStartups involved in software product development, registered with DPIIT under the Startup India program and have demonstrated revenue generation and external investment​.

What are Software Technology Parks of India(STPI)?

SpecificationsDetails
What is itAutonomous Society under the Ministry of Electronics and Information Technology (MeitY).
Established in 1991
AimTo encourage, promote and boost the Software Exports from India.
Chaired byUnion Minister for Electronics & Information Technology.
HeadquartersNew Delhi

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