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An accelerator program for early-stage startups who are developing solutions to make cities more intelligent, livable, and sustainable.
RIHub has partnered with The CoWrks Foundry to launch the Innovations in Urban Living Accelerator (IULA).
IULA is a 24-week startup accelerator designed to help entrepreneurs improve the urban infrastructure and systems in India and in other emerging economies by leveraging a combination of technology, policy and local ingenuity.
Challenges In Growing Urban Cities
As cities are modernized, technology becomes a more significant part of day-to-day life. Emerging urban markets serve as fertile hubs for smart city development, but are often built without the human context required to prioritize and incorporate social wellbeing into intelligent design. “Innovations for Urban Living Accelerator” (IULA) supports solutions that advance and improve the quality of life of urban residents by bringing a more human lens to current urban development opportunities.
We invest in dynamic teams who are building cutting edge interdisciplinary solutions for both the Indian ecosystem and other emerging economies across the globe. Teams must to be incorporated before the start of the program in order to receive the funding.
Our thematic areas of focus could include, but are not limited to:
Data Collection and Mining
Robotics, Human-machine Mobility Partnering
Human Connectivity and Social Wellbeing
Startups applying to the program will be evaluated on these questions:
Does the idea improve the quality of life of city dwellers and the functionality of the city itself?
Does the idea address a pressing development challenge(s) in emerging economies?
Does the idea have the capacity to be realistically developed and deployed?
Does the idea help bridge a knowledge gap, and enhance either efficiency or quality of life in the process?
Is the idea affordable, robust, and adjustable to the urban settings in India and other developing countries?
Highlights of the Program
IULA supports startups that advance and improve the quality of urban life by bringing a more human lens to current urban development opportunities.
Startups will be equipped with smart seed capital. Through the course of the program, startups will have access to top Indian and global investors.
Startups will have access to premium workspaces within RIHub and at CoWrks.
Industry and faculty experts from the Indian ecosystem and RIHub will help build competencies around business and product through various touch points, including office hours, coaching conversations and events.
Industry Network Access
Founders can leverage strong market access with warm, personalized introductions across an extensive network across CoWrks and RIHub. They will also have the opportunity to access connections across our various international programs and to investors aligned to their domain.
Post Program Support
Post completion of the program, founders will have the space to interact and support each other through alumni groups, recurring founders’ meet, access to our internal coaches and exclusive event access.
Launch of the application process
Startups selected for IULA
Launch of the program
End of program