The US Embassy in New Delhi on Tuesday announced that Nexus, a premier business incubator hosted at the American Centre in New Delhi, is accepting applications for its 20th cohort that will begin a nine-week training program on February 2, 2025.
The cohort provides an opportunity for 15 Indian startup companies to receive specialised training from Indian and American experts to sharpen their value propositions, define their target markets, get market feedback on products/technologies, and create milestones to bring their companies to the market.
It will also explore the influence of artificial intelligence on startup ventures and the importance of mental health for entrepreneurs, a press release said.
Following the initial nine-week training program, up to four companies will be invited to remain at Nexus for more in-depth support and given full access to incubator facilities and the network for up to an additional eight months.
During this time, the Nexus team of experts will also work with them to take their companies to the next level by helping them get their products to market, grow their customer and revenue bases, and, if appropriate, obtain funding to scale their operations.
To deliver training, the US Embassy is partnering with the Global Training and Development Institute (GTDI) at the University of Connecticut (UConn). The program is funded by a grant from the US Embassy in New Delhi and the US Department of State.
Interested entrepreneurs can apply at www.startupnexus.in on or before January 5, 2025. Selected participants will be notified by January 17.