AWS and Accel have come together to launch an exciting new accelerator program in India. ML Elevate 2023 aims to empower startups in India that are focusing on generative artificial intelligence (AI) applications. This six-week program will provide selected startups with valuable resources, mentorship, and up to $200,000 in AWS Credits.
The eligibility criteria for startups to participate in ML Elevate 2023 are that they should have a Minimum Viable Product (MVP) and be seeking funding within the next 12-18 months. This initiative is designed to support generative AI startups in creating industry-specific solutions and driving innovation in the digital economy.
Vaishali Kasture, the Director of AWS India and South Asia, believes that generative AI offers a unique opportunity to bring about revolutionary changes in global businesses. The objective of ML Elevate is to provide the necessary support and guidance to startups in this field to propel their growth and impact.
Startups participating in ML Elevate 2023 will gain access to impactful AI models, technical and business mentorship, and various resources. They will also have the opportunity to attend masterclasses conducted by industry experts and participate in a Demo Week for potential fundraising opportunities.
The program aims to foster collaboration and partnership between startups, AWS, and Accel to help the startups grow and succeed. This joint effort further strengthens the startup ecosystem in India and highlights the commitment of both AWS and Accel to support the development of generative AI applications.
ML Elevate 2023 is expected to contribute to the flourishing startup culture in India, tapping into the potential of generative AI and driving innovation in various industries. With the backing of AWS and Accel, selected startups will have the necessary resources and guidance to make a significant impact in their respective domains.
The program’s focus on generative AI applications reflects the growing interest and investment in this field, as businesses recognize the transformative potential of AI-powered solutions. ML Elevate 2023 provides a platform for startups in India to leverage the power of generative AI and create innovative solutions that address industry-specific challenges.
In conclusion, the launch of ML Elevate 2023 by AWS and Accel is a significant step towards empowering startups in India that are working on generative AI applications. This accelerator program will provide startups with valuable resources, mentorship, and funding opportunities, facilitating their growth and fostering innovation in the digital economy. With the support of AWS and Accel, these startups have an excellent opportunity to make a lasting impact in their respective industries and contribute to India’s startup ecosystem.
