The XLr8 Andhra Pradesh Technology Business Accelerator welcomed its first cohort today to a full house at its new facility in Tirupati, India.
XLr8 AP is an initiative of IC²’s Global Commercialization Group partnered with the Government of the State of Andhra Pradesh and the Federation of Indian Chambers of Commerce and Industry (FICCI). It includes training, advanced capacity-building for innovators and entrepreneurs, incubation and acceleration of tech companies into the global marketplace, mobilization of venture capital, and access to the extensive global commercial development networks of IC² and FICCI. A GCG manager will reside in Tirupati for the first 17 to 36 months of the program.
33 companies were accepted to the program out of over 450 applicants.
XLr8 AP Managing Director Glenn Robinson said the day was marked by “lots of interesting technologies, and lively interaction with our inaugural cohort of innovators. Collaboration has already begun here in the Sunrise State!”
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