build3 impact Accelerator (biA)

online q&a session

www.build3.org/accelerator

1
 overview of the live session

section 1-4:
a. introduction to build3
b. build3 impact Accelerator, explained
c. application and evaluation process
d. intro to cohub - our community space

section 5: Q&A session

section 6: conclusion and links to apply

2
section 1:

introduction to build3
 build3: Hello world!

build3 is one of India's first impact focused startup studios,

supporting founders that strive to do good for the mind, body,
and earth. our aim is to build a future where minimalism,
sustainability, wellness, personal development, self-reliance,
wealth distribution, and community living are the norm.

Using our ‘sherpa-approach’ of supporting startups, our offerings to founders are divided into:

Capability (access to the brightest minds in various functional areas and sectors from those who have gone the zero
to one path),
Community (access to like-minded folks to collaborate with via online and offline community engagement programs
as well as connections with investors, co-founders, mentors, etc. at our beach-office in Goa),
Capital (direct investments along with a robust network of value aligned investors).

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section 2:

build3 impact Accelerator,

explained
 why we created build3 impact Accelerator

after 3 years of running a venture builder and interacting with many founders, we
realised that exceptional founders are more likely to create exceptional startups

so, we restructured our program. why? to collaborate with the finest founders from the earliest stages. This
provides support to them from day 1, enhancing their capacity to create positive impact.

to enable us to choose the right, aligned founders to do this with, we chose two primary factors evaluate a fit:
the team’s potential for success (skill level and persistence), and our confidence in our ability and willingness to
collaborate effectively with them

and thus, the build3 impact Accelerator was created to achieve this. it is a 6-month program, divided into 2 parts:

1. ideate and create (apply at this stage) 2. build and iterate:

refine your idea by attending the program in Goa in phase 2, co-build with build3 to create
with the selected cohort and community. duration = your MVP, execute GTM and achieve PMF. If
3 months. successful teams in this stage move to PMF is achieved, follow-on funding of 1.25cr is
phase 2 and get 25L in funding. done.

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 goal and impact of build3 impact Accelerator

(our goal is to help aligned founders having ideas to push progress on UNSDGs)

Goal: the goal of the biA

Impact: through structured
program is to support
training, an aligned startup
impact founders i.e. ones
community, and access to the
aligned to push progress on
right resources (including
the UNSDGs. The program
capital) at the right time, the
provides this support from
program helps turn an impact
day one of their journey
idea into a fully functional
(right from the idea stage!)
startup, pushing real world
via capability, community
progress on the UNSDGs.
and capital offerings.

(the biA program helps turn this idea into a functional startup, leading to impact)

5
 journey of a founder through biA

all candidates start with the application process of the accelerator. if selected, they proceed to phase 1, i.e. ideate and create

1. ideate and create: 2. build and validate: 3. scale, scale, scale!

for 3 months, selected candidates upon achieving PMF, these startups
participate in a cohort, held in Goa. selected startups from phase 1 then can access follow-on funding from
they receive training, mentorship, join a 3 month build stage with us. it build3 (INR 1.25cr)
and a community to find a skilled focuses on product development
co-founder. and market validation (PMF) this enables them to scale further
from there. build3 will still be around
in the last 15 days of this phase, this prepares startups to raise to help and guide you here. most
candidates pitch their final ideas to further investments scale the impact probably though, your requirements
build3. selected startups from the they are creating, and achieve PMF. will go beyond the -1 to 1 journey
pitches then get access to funding we’re taking with you!
from us (INR 25L).

milestones: milestones:
milestones:
finding your co-founder, getting trained in building an MVP, executing GTM, and
scaling beyond the -1 to 1 phase!
startup skills, pitching your final idea to us. achieving product-market fit.

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 key features of biA

training and find your gain access

mentorship co-founder to capital

if you're working on an idea, we offer selected cohort participants live and work out if your refined idea is selected after all
guidance on refining your concept, team of our beach-side startup community in Goa. participants have pitched, you will get 25L
building, initial market validation for further in funding to prove product-market fit and
building. you'll be able to find your co-founder amongst build your startup with us.
like-minded members, gain access to our
for startups that have a product but are still community's startup-focused events, and if your startup achieves PMF, we provide
fine-tuning their market fit, we offer scaling, have support for almost every function a follow-on funding of 1.25cr to help your
customer acquisition, and preparation for growing startup needs. startup to scale up further.
significant funding rounds.

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meet prakash from biA cohort 1

Prakash, a seasoned professional and entrepreneur, joined the first

cohort of build3 impact Accelerator, and co-founded 18startup with
Zeeshan and Teja, who were also participating in the Accelerator.

18startup focuses on promoting entrepreneurship to college students

and making them 'startup ready' through hybrid classes and case
studies. In this manner, it promotes UNSDG number 4.

18startup was one of the 5 selected startups at the end of cohort 1,

thus raising pre seed capital of 25 lakhs as a successful participant of
the build3 impact Accelerator.

Hear Prakash’s experience with the Accelerator in his own words!

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section 3:

application and
evaluation process
 who can apply?

1. founders 2. pre-pmf startups

these are individuals: these are early-stage startups:

with or without an idea with some traction

without a co-founder with some growth

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 who can apply?

CAN APPLY CANNOT APPLY

FOUNDER FIT
individuals right after college individuals who are just
individuals looking for career exploring
change after gaining work exp. individuals who think of
retired individuals with a entrepreneurship as a side
passion to build gig or side hustle

STARTUP FIT
startups with ideas on paper startups who are not impact-
startups in mvp stage aligned towards UNSDGs
startups with some time in the startups who have raised
market and have seen some institutional cheque
traction

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 application and evaluation process

1. for individual founders

Short form
1 assessing:
(15 mins) capability
compatibility

Long form assessing:

2
(90-120 mins) capability
compatibility
commitment

Interview
3 assessing:
(60-90 mins) reasoning
motivation

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 application and evaluation process

2. for pre-pmf startups

Detailed form assessing:

1 capability
(60-90 mins)
compatibility
commitment
commercial viability

Informal call 1 assessing:

2
(60 mins) product
financial modelling
q&a

Informal call 2
3 assessing:
(60 mins) feedback
q&a

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section 4:

intro to cohub, our

community living space
13
14
15
16
section 5:

question-answer session
with Abhimanyu Rathi,
co-founder at build3
 apply now! bia.build3.org

need more info?

build3.org/accelerator