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IBV and FedTech unveil Indo-US launchpad to boost Indian startups

Entrackr · 3m

Indusbridge Ventures (IBV), a defense technology-focused company, has joined forces with US-based deep-tech venture builder FedTech to introduce the ‘I2A Launchpad’ program. This new initiative, called the India to America (I2A) program, aims to support Indian dual-use startups. This collaboration aims to connect Indian startups with the U.S. dual-use technology ecosystem, fostering innovation and commercialization in critical and emerging technologies across both countries. The I2A Launchpad will offer Indian startups a go-to-market pathway, providing access to US government and commercial customers, strategic investors, and defense companies. It will also provide ongoing support and mentorship to help startups scale in the US. The program will open doors to opportunities within the Department of Defense (DoD), space agencies, commercial aerospace, and government technology sectors. The first cohort, consisting of 10-15 startups, is set to launch in October 2024. With India’s defense budget at $75 billion and defense exports projected to reach $5 billion, participants will benefit from expert mentorship, strategic workshops, and valuable networking. The initiative will help startups navigate the complexities of the DoD ecosystem, ensure US regulatory compliance, develop market entry strategies, refine business models, and establish connections with key players in the US technology sectors.