NetApp’s startup accelerator program launched in Bengaluru; applications invited

BENGALURU: NASDAQ-listed NetApp has launched its NetApp Excellerator program, the company’s first startup accelerator in Bengaluru.

NetApp is the leader in data insight, access, and control for hybrid cloud environments. Through the NetApp Excellerator program, the company wants to share its unique perspective and experience around data with startups, and invest in solutions that will help enterprises through this era of digital transformation.

The program was launched at NetApp’s new 15-acre campus at Bengaluru in the presence of Mohandas Pai, Guest of Honor and keynote speaker, partners, venture capitalists, startups, and customers.

With the launch of this program, applications for the four-month-long program are now open for startups. Selected startups will receive technology and business mentorship as well as access to markets and investors to realize the full potential of their ideas and products in the global market place. Applications are invited from startups working in the areas related to IOT, cloud, big data and analytics, machine learning, virtualization, data security, storage and data management, and other adjacent areas.

The NetApp Excellerator program will provide startups with access to collaboration and productivity tools, co-working space out of the company’s global center of excellence in Bengaluru as well as networking opportunities with potential investors, partners, and customers. Selected startups will have access to NetApp platforms and technologies, tools, co-working space, HR, marketing, legal and tech support. NetApp will provide an equity free grant of USD 15,000 to these startups upon completion of the program. What is more is that the startups can own their IP (Intellectual Property) and NetApp assures that it would not seek a stake in the same.