FAQs

The Government of Andhra Pradesh has taken the initiative to create a world-class technology innovation ecosystem in the state by setting up XLr8Andhra Pradesh Technology Business Accelerator (XLr8AP) at Tirupati, a joint venture with the Innovation Society of the Government of Andhra Pradesh, the Federation of Indian Chambers of Commerce and Industry (FICCI) and the IC2 Institute of the University of Texas at Austin.

The purpose of this initiative is to create jobs and wealth in the Sunrise State, working with technology startups in advanced capacity building, acceleration into the global marketplace and mobilization of venture capital. The primary goal is to increase knowledge, wealth and employment in the State and beyond.

Aspiring, passionate innovators and startup may qualify for inclusion in this exciting and promising initiative. Please log onto our website, www.xlr8ap.com and apply on line for the cohort.

Please click on the “Apply” button on the homepage of our website or click on the link http://xlr8ap.com/apply.aspx to fill the application and apply online.

We are always looking to add to our family! It usually takes between 10-15 business days, and possibly a call with you, to make sure that we in agreement regarding expectations and milestones. Once qualified, you will be receiving an email welcoming you to the program.

Confidentiality is in our DNA. The information that you provide on your application will be shared exclusively amongst the XLr8AP team for the purpose of evaluation and determining candidates for eligibility.XLr8AP will never disclose any information to any third parties or people outside of XLr8AP, unless you ask us to do so.

Each cohort runs for four months. Applications are evaluated, 33 companies are chosen through a formal screening process and are trained and mentored. A least eight are selected to present their technologies to an Indo-American panel of judges. Four companies are selected for advanced acceleration. At that point, a new cohort is recruited and the cycle recurs.

Recruitment of startups is sector agnostic.Aspiring, passionate innovators and startups from any sector can apply for the program.

Each cohort runs for 4-months and we execute 3 cohorts per year. Registration dates and timings will be mentioned on the website and our social media pages. However, we encourage you to apply anytime, and as soon as possible, as space is limited to 33 companies per cohort.

The initiative is multi-faceted, including

  • Advanced capacity-building
  • Training
  • Acceleration of tech companies into the global marketplace
  • Mobilization of venture capital
  • Access to the extensive global commercial development networks of both FICCI and the IC2 Institute of the University of Texas at Austin

XLr8AP is resided in the Temple Town of Tirupati, Andhra Pradesh.

Detailed Address:
XLr8 AP Technology Accelerator, 2, RCR Avenue,
Karakambadi Road Tirupati - 517520,
Andhra Pradesh, India.

040-39594955 info@xlr8ap.com

In our vast experience, we find that working together with other entrepreneurs and our expert staff is of great value, and networking is the key to any successful enterprise. There are specific times during the four-month cohort when we bring in experts from other parts of the world to work with you, and your presence is mandatory during these sessions. Our staff will work with you during the interim periods to design a program tailored to the realities of your business.

Of course! In fact, many companies come to us for mentorship, guidance and access to our global know-how network, rather than for funding.

We will work with you to develop a solid value proposition and market access strategy, with specific milestones and objectives, all designed to determine market viability of your technology. We are firm believers in “SMART” objectives: Specific, Measurable, Attainable, Realistic and Time-bound. We will help you through this planning process, designed to help you in determining minimal viable product as well levels of collaboration with other entrepreneurs and a vast network of mentors.

When appropriate, and when you have proven your readiness, XLr8AP will help facilitate the contact between you and the investor community.

Absolutely yes, in fact we encourage you to directly interact with investors. If you are accepted to our program, we would like to be informed of those contacts; so that we can help you prepare to “pitch.”

You can email your questions to us at info@xlr8ap.com

If you are interested in any of our portfolio companies, click here.

Our services are free of charge, as is access to the experts that come to XLr8AP to work with you. The only thing that you have to arrange is your travel and accommodations while in Tirupati. We even provide a very low-cost daily lunch, tea and biscuits!

During the program, you have access to the co-working space, as well at access to office infrastructure services. You have the opportunity to grow under the guidance and mentorship of industry leaders while our team of experts helps you with your business planning and market access strategies.

Unlike co-working, you don’t just get office space: you have at your disposal the expertise of our expert team, the guidance and mentorship of industry leaders, and the impact of our partner organizations, the Innovation Society of the Government of Andhra Pradesh, FICCI and the University of Texas at Austin.

Should you be selected for our program, you will need to begin the process of registering your company to do business in the State of Andhra Pradesh.