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Do I need to already be located in India?No. We are open to startups from around the globe, however teams must be able to attend all workshop in person throughout the program. Teams must include at least 2 people in-person, and preferably all founding members.
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Do I need a VISA for India?Many nationalities require VISAs to enter India. All VISA and other personal logistics are the responsibility of the applicant(s)
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Will the workshops and mentoring be in English?Yes. All workshops will be in English. Mentoring will generally be in English, unless you happen to be matched with a speaker of a mutual language
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Do I need to know English to attend?Yes, as all instruction and discussion will be in English, a good understanding of the language is required.
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Where will we stay during the workshops?Sidharth - what will we say here?
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Do we need to stay in Mangalariri for the entire period?Teams are required to be present for each workshop in full, but are not required to stay in Mangalariri for the entire program period.
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Do I need to be in-person for all of the workshop dates?Yes. We require in-person attendance by the core co-founders of the startup.
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We are a team of 3 founders, but only 2 can take part in-person. Can we still join the program?Maybe. We can review the possibility of the majority of co-founders attending, as long as key decisions can be made by the team.
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Can we already have funding?Yes, you can definitely have already raised a funding round, however, we usually don't work with startups who are already beyond Series A
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Do I need a team / co-founders?Yes. All applications must have teams with at least 2 co-founders.
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Do I need a "technical co-founder"?We expect your team to have the people necessary to develop your venture. If you require technical expertise and "CTO-level" leadership then this would be someone who is already on your team.
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Are there any ideas that will not be accepted?In general, we are open to most ideas that suit the theme of the accelerator. However, we are not ideally suited for cybersecurity or crypto-focused ventures. In addition, we will not accept any ideas that could be used for harm to people or the planet in any way.
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Will there be an opportunity to come to MIT?There is no official trip to MIT, but we would be happy to welcome you on campus!
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Who will be mentors?Mentors will include a diverse group of successful startup founders, venture leaders, business strategists, and subject experts. Many mentors will be MIT alumni, both in the region and from around the world.
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Who is eligible to apply?Any startup with at least 2 people working full-time on a venture related to theme of the accelerator.
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Will I get an academic certificate from MIT?No. The workshop does not provide an MIT professional education certificate or any academic certificate. However, we do provide a certificate of participation in the MITdesignX MDXI accelerator
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Do startups receive funding from the program, MIT, or SRM University-AP?No funding is provided by the program or its sponsors.
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Can I participate in another accelerator or incubator program at the same time?No. We find that when startups participate in multiple programs they are unable to fulfill the needs of either. Participation in other mentorship groups is possible, but coordination amongst mentor is recommended.
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Can co-founders on a team come from different countries?Yes, of course. We believe diversity strengthens a team.
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Can I apply with more than one startup?No. individuals cannot apply with multiple teams. You must be dedicated to only one startup.
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Can an existing company apply with an idea for a spin-off, or new product line?In general, we are looking for new startups, however we have had good experience with intrapreneurs within a company. Please reach out to us.
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Does MIT or SRM-AP claim any IP or take any equity?No equity stake, and no claim to IP is made by the organizers and sponsors of the MDXI accelerator. All ideas and ownership remain with the co-founders of each startup.
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Will MIT or SRM-AP sign an NDA with my startup?No. We do not take any claims to IP, but do not sign NDA's with startups.
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Will preference be given to any particular country or state of origin?No.
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Can a non-profit startup apply?Yes, non-profits and for-profits are equal in our belief. As long as you can scale and create impact, we want to hear from you.
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Do I need to be incorporated as a business?As we are looking for early-stage ventures, most will be incorporated. However, if you are not incorporated yet, you may still apply.
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Do I have to have funding already?No prior funding is required to apply.
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