- Acceler8 programme shall address ground issues like recruiting, fundraising, and more
- The programme aims to enroll 100 Indian startups into the community by 2020
- The summit, held in London, focused on women entrepreneurs
The Indo-European Business Forum (IEBF), an independent organisation facilitating a two-way flow of trade and investment between India and EU member countries, launched its startup Summit – ‘Acceler8’.
Focussing on building a collaborative community of bright and driven founders, investors and mentors, the programme aims to enrol approximately 100 Indian startups in the community within the first year.
Acceler8 programme shall address ground issues like recruiting, fundraising, legal and finance guidance, product development and product-market fit.
The summit, held in London, focused on Women in Entrepreneurship, where panel including Catherine Wines, Director and Co-founder, World Remit; Gabriela Hersham, Co-Founder and CEO, Huckletree; Savannah De Savary, Co-Founder and CEO, Built-ID and Cassandra Harris, Founder and MD, Venture Spring, talked about their experiences, early days, challenges faced and the Do’s and Don’ts of starting a company.
Baroness Sandip Verma, Chairman, European External Affairs Committee and keynote speaker at the summit noted that studies have shown that 85% of the purchasing decisions are made by women and women-led companies to have greater profitability and growth. However only 3% of the venture capital investment dollars go to companies with a woman CEO and only 15% of companies receiving venture capital dollars have a woman on the management team.