Welcome to XLr8 Andhra Pradesh, a technology business accelerator powered by the Federation of Indian Chambers of Commerce and Industry (FICCI) & IC2 Institute of The University of Texas at Austin!
In support of the initiative of The State of Andhra Pradesh to create a world-class technology innovation ecosystem, the IC2 Institute of The University of Texas at Austin, in concert with the Federation of Indian Chambers of Commerce and Industry (FICCI), has established XLr8 Andhra Pradesh, a world-class global technology accelerator, located in the world-renowned temple town of Tirupati.
The primary objective of the accelerator is to foster a culture of innovation in the Sunrise State of Andhra Pradesh. Our primary goal is to increase knowledge, wealth and employment, in the State and beyond.
Our initiative is multi-faceted, and 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 both FICCI and the IC2 Institute of the University of Texas at Austin, as well as direct exposure to the entrepreneurial culture of Austin, Texas, through co-location in Austin for select qualifying companies who are looking to take their technology to the global marketplace. Qualifying companies have the chance to rub shoulders with other seasoned entrepreneurs, including companies from outside India that will be using the accelerator as the springboard for launching their products and services into the Indian market.
If you are interested in joining us, you can help us gauge your eligibility by answering these simple Yes/No questions. Demand for participation in this initiative has been high, and there are a limited number of slots available in each cohort, so please connect with us right away, and let's begin a dialogue to see if XLr8 Andhra Pradesh is a good fit for you and your company!
The overarching goals of XLr8 Andhra Pradesh Technology Business Accelerator are multifaceted:
Identify disruptive technologies in India that address unstructured societal challenges;
Transfer our methodology, which has proven effective in generating jobs, wealth and impactful technology business ventures in 26 countries around the world to date, to entrepreneurs in India, with a view to shortening the runway to market entry and success;
Educate university students regarding the finer points of innovation and entrepreneurship, and how to launch a successful technology business venture;
Provide a world-class incubation model in the State of Andhra Pradesh. Each "cohort" runs for four months. During that time, we assess up to 100 companies, choose the most promising 33 companies for advanced
commercialization training and assistance, select the top 8 companies for a presentation to a bi-national panel of senior executives and venture capitalists, and select four for intensive business development, working with our experts to pursue and execute business engagements with interested parties, to goal of which is to achieve measurable economic development.
In parallel, university students and representative from select academic
institutions will engage in workshops, bootcamps and other events designed
to increase the consciousness level regarding entrepreneurship and
innovation. This aspect of the program is tightly aligned with the stated
objective of the Government of Andhra Pradesh to encourage "one entrepreneur
per family" -- our program will help empower that process.
Assistant Director, Global Commercialization Group, IC2 Institute
Managing Director, XLr8 Andhra Pradesh
Technology Business Accelerator
Glenn Robinson brings over thirty years of experience in senior management to the IC2 Institute’s Global Commercialization Group and the XLr8 Andhra Pradesh Technology Business Accelerator. His experience cover the spectrum of directing sales, marketing and customer response teams, providing General Management oversight driving record growth in both domestic and international operations at various multinational corporations, including Dell Computer, Sun Microsystems and Apple Computer. He has also held executive management positions in the non-profit sector, as well as being a seasoned entrepreneur, having launched and successfully managed multiple start-up ventures. He is a consultant to the National Science Foundation in Washington, DC, and has held Board of Director positions with various technology business incubators, start-ups and non-profits.
Mr. Robinson is currently Managing Director for XLr8 Andhra Pradesh in Tirupati, Andhra Pradesh, India, and oversees all operations of the accelerator. Prior to relocating to India, he directed GCG regional new business acquisition and enterprise acceleration programs. Previously, he was program director for GCG’s TechBA program, a partnership with the Mexico Secretary of Economy and FUMEC, the US-Mexico Science Foundation, the goal of which is to assist Mexican Small and Medium Enterprises with entry into the US market. Prior to joining TechBA, he managed a successful technology commercialization program in Chile, focused on technology incubator assessment and training, technology recruitment and international business development.
Mr. Robinson holds a dual Bachelor of Arts with Distinction in English and Spanish Philology from San Jose State University, is a certified Foreign Language and ESL instructor, and completed his Masters of Arts coursework in Spanish at the Universidad Complutense in Madrid, Spain.
Dr. Venkat Korada
XLr8 Andhra Pradesh
Dr. Venkat Korada is an entrepreneur with expertise in Chemical Technology and Biotechnology. For over ten years, Dr. Korada has led ‘Symmetric Systems LLC’, a US based Biotechnology Company, as its Managing Director. He held management positions in large multinational corporations in the USA. He was advisor to several startup companies in Connecticut.
Dr. Korada holds a Ph.D. degree in Chemistry from Delhi University and a Masters in Computer Science from the University of New Haven, Connecticut. He was associated in technology development projects with the Indian Institute of Technology Delhi, and Indian Institute of Science Bangalore among others. He was a recipient of grants and fellowships from UNESCO, Department of Science and Technology, and Department of Atomic Energy, India. He was a professor of Chemistry at Delhi University, and was a Visiting Professor at Yale University School of Medicine. At Yale, he worked in the field of Structural Biology and developed new Crystal Technologies and commercialized them. He was a member of the Yale Entrepreneurial Institute.
Dr. Korada recently moved back to Tirupati, and joined XLr8 Andhra Pradesh in Tirupati as Program Manager, to share his technical and entrepreneurial expertise with both portfolio companies and students. He is passionate about inculcating the spirit of innovation amongst youth and developing their entrepreneurial skills.