The Algorand Startup Lab Program Cohort 2 is designed to accelerate the growth of Web3 startups, leveraging the global leadership from T-Hub and the Algorand Foundation. The program supports prototype/MVP stage startups with significant Web3 resources, business mentorship, and access to funding.
The Algorand Startup Lab Program Cohort 2 is designed to accelerate the growth of Web3 startups, leveraging the global leadership from T-Hub and the Algorand Foundation. The program supports prototype/MVP stage startups with significant Web3 resources, business mentorship, and access to funding.
Personalised advice and insights from industry experts and successful entrepreneurs to fine-tune their products, ensuring they meet market demands, stand out from the competition, and navigate market entry strategies.
Technical support on specific Web3 topics such as pricing models and frameworks to benefit from network effect.
Valuable skills and insights through specialised workshops to help with market analysis and testing, helping them establish competitive pricing, analyse their market, and refine their business strategy development.
Expert guidance to develop and deliver compelling pitches, making a strong impression on potential investors, partners, and customers.
Knowledge and resources necessary to navigate the complex world of fundraising, from creating compelling pitch materials to identifying potential investors and expanding their businesses and access to funding from Algorand Foundation and leading VCs.
Key introductions to gain access to new markets and exposure to a wider audience, targeted at new sales and growth opportunities.
Access to advisory sessions from Algorand executives and seasoned professionals in the industry.
The opportunity to showcase your startup to investors and stakeholders at the program’s culmination.
A panel of Subject Matter Experts (SMEs) and mentors will support the startups, providing expert guidance throughout the program through 1-1 office hours and workshop sessions.
These sessions will focus on various topics related to product, market & investment readiness. By involving SMEs, the program ensures startups gain insights and expertise, empowering them with the skills and knowledge to effectively communicate their value propositions and strengthen their capabilities in business incubation.
All selected teams must:
If you meet the following requirements, Algorand Startup Lab is an ideal fit for you:
India
Web 3 / Product stage / MVP ready
If you meet the following requirements, Algorand Startup Lab is an ideal fit for you:
India
If you meet the following requirements, Algorand Startup Lab is an ideal fit for you:
Web 3 / Product stage / MVP ready
Mentor Sessions
Weekly mentoring by industry experts and subject matter specialists.
Workshops:
Mentor Sessions
Weekly mentoring by industry experts and subject matter specialists.
Workshops:
Targeted sessions on:
Weekly mentoring by industry experts and subject matter specialists.
The Startup Lab program brings together the very best in business and industry mentorship with world class Web3 developer support for startups building blockchain solutions for real world impact. Each of the twenty selected teams will be assigned a dedicated business mentor and Web3 technical mentor to work with over the course of the year, and the program will include a mix of virtual and live sessions that are specifically focused on helping each team build and fine-tune their product based on market feedback, prepare to take their product to market, and emerge ready to raise their first (or next) round of capital.
In order to be eligible for the Algorand Startup Lab, a startup must be (1) based in India and (2) building a Web3 solution. Applicants should have a minimum viable product (MVP) or working prototype, and at least one dedicated founding member on the team. Teams must be willing and able to participate fully in the program remotely and in-person at T-Hub. The startup team should also be willing to natively build their application on the Algorand blockchain if their product is currently on another chain.
While diversity of skills on a team is preferred, exceptional individuals with proven ability to execute may also apply. Priority will be given to those who have demonstrated progress through development work or relevant partnerships.
We aim to support any innovative, scalable Web3 solution. Suggested focus areas include health care, supply chain, sustainability, agritech, and fintech, but solutions for other verticals where real-world problems are being addressed are also welcome.
While registration in India is not required, physical presence during the program is expected. Preference will be given to Indian-based startups to maximize in-person engagement and collaboration.
The Startup Lab program brings together the very best in business and industry mentorship with world class Web3 developer support for startups building blockchain solutions for real world impact. Each of the twenty selected teams will be assigned a dedicated business mentor and Web3 technical mentor to work with over the course of the year, and the program will include a mix of virtual and live sessions that are specifically focused on helping each team build and fine-tune their product based on market feedback, prepare to take their product to market, and emerge ready to raise their first (or next) round of capital.
In order to be eligible for the Algorand Startup Lab, a startup must be (1) based in India and (2) building a Web3 solution. Applicants should have a minimum viable product (MVP) or working prototype, and at least one dedicated founding member on the team. Teams must be willing and able to participate fully in the program remotely and in-person at T-Hub. The startup team should also be willing to natively build their application on the Algorand blockchain if their product is currently on another chain.
While diversity of skills on a team is preferred, exceptional individuals with proven ability to execute may also apply. Priority will be given to those who have demonstrated progress through development work or relevant partnerships.
We aim to support any innovative, scalable Web3 solution. Suggested focus areas include health care, supply chain, sustainability, agritech, and fintech, but solutions for other verticals where real-world problems are being addressed are also welcome.
While registration in India is not required, physical presence during the program is expected. Preference will be given to Indian-based startups to maximize in-person engagement and collaboration.
Having an MVP or prototype developed is highly preferred; however, exceptional ideas and teams will be considered on a case-by-case basis based on progress and commitment demonstrated.
The focus of the Startup Lab is to support early-stage startups building innovative, scalable solutions using Web3 technologies. This includes both companies exploring a transition from Web2 to Web3, as well as those building their first offerings natively in the Web3 space. While applications built on Algorand’s features are preferred, consideration will also be given to multi-chain startups. The main criterion is the innovative potential of the solution and how it leverages core capabilities of Web3 technologies.
While experience with Algorand is valued, it is not required. The program aims to onboard startups onto Algorand and help them leverage its features. Multi-chain experience may also be considered.
The program is fully funded by Algorand Foundation and T-Hub. Startups do not pay any registration or participation fees.
While travel expenses are typically the responsibility of each startup, a limited amount of travel support may be considered based on need and availability of funds for this purpose.
Startups will receive 1:1 custom reviews to refine their solutions. Feedback along with potential for pilot deployments, funding, and other support will be discussed to help startups progress towards commercialization and scaling their solution.
Ideally a startup should have an MVP and a targeted user base. Commitment to ongoing development is key. If you are unsure, please reach out to the organizers to discuss your specific stage and fit for the program.
Based on startup progress and investment-readiness, Algo Ventures will evaluate startups that seek follow-on funding for potential investment. Follow-on funding is not guaranteed by participation in the Startup Lab program.
Selection will be based on factors like innovation level, problem-market fit, solution design, technical feasibility and roadmap. Shortlisted startups might undergo interviews before final selection into the program.
No, multiple applications by the same team/individual will not be considered. If your startup has multiple focus areas, please mention all of them in a single application form.
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