September 12, 2024: build3, a leading platform dedicated to nurturing impact-driven startups, has officially announced the launch of the 3rd Cohort of its flagship Impact Accelerator program. This program is designed to support early-stage startups that are focused on creating positive social and environmental impact while also pursuing profitability. The accelerator will run as a 10-week virtual program starting in November 2024, and selected startups will receive financial backing of INR 25 Lakhs each, with additional opportunities for further funding through build3’s demo day events.
Nurturing the Next Generation of Impact Entrepreneurs
build3’s Impact Accelerator has become a beacon for entrepreneurs who are driven by the dual goals of profit and purpose. Following the success of its previous cohorts, where numerous startups flourished under the program’s guidance, the 3rd Cohort promises to continue this legacy. The previous cohort saw 27 entrepreneurs participate, leading to the creation of 19 innovative startups, three of which—OnHire, Bolofy, and ReNewCred—were awarded INR 25 Lakhs each in pre-seed investments by build3.
A Comprehensive Program for Startup Success
The 3rd Cohort of the Impact Accelerator will offer a structured 10-week program designed to equip founders with the skills and knowledge they need to succeed. The curriculum will cover essential areas such as market research, go-to-market strategies, product and service development, storytelling, organizational behavior, fundraising, and compliance. Participants will also benefit from mentorship by industry experts and successful founders, networking opportunities, and access to essential tools and resources, including free credits from AWS, GCP, Zoho, and more.
Building a Community of Purpose-Driven Entrepreneurs
One of the standout features of the build3 Impact Accelerator is the strong sense of community it fosters. Participants in the 3rd Cohort will join a vibrant network of over 300 creators, mentors, and investors, all committed to supporting the growth of impact-driven startups. This community played a crucial role in the success of previous cohorts, providing invaluable mentorship, feedback, and opportunities for collaboration.
Driving Impact with Purpose
Varun Chawla, Co-Founder of build3, shared his excitement about the launch of the 3rd Cohort, stating, “At build3, we are dedicated to empowering entrepreneurs who are not only focused on building profitable businesses but also on making a positive impact on society and the environment. The 3rd Cohort of our Impact Accelerator is an exciting opportunity for us to support more startups that are aligned with this vision. We look forward to working with a new group of founders and helping them achieve their goals.”
About build3
Founded by Varun Chawla in 2020, build3 is a leading ecosystem for impact-driven startups, providing a range of support services to entrepreneurs at every stage of their journey. From the Impact Accelerator program to community events and online courses, build3 is committed to helping startups that aim to make a positive difference in the world. The platform focuses on startups that align with the UN Sustainable Development Goals (SDGs) and emphasize Environmental, Social, and Governance (ESG) principles.
Applications for the 3rd Cohort of the build3 Impact Accelerator are now open and will close on October 15, 2024. For more information and to apply, visit build3’s official website.