India Accelerator & IBA launch BlockStart Hackathon 2021 to accelerate early age blockchain startups

India Accelerator (IA), an Indian seed accelerator program with Global Accelerator Network partners with IBA (India Blockchain Alliance) will launch BlockStart Hackathon 2021, an entrepreneurship program to accelerate early-stage blockchain startups.

Indian startups are capitalising on innovation in blockchain technology. The startup ecosystem is witnessing improved digital infrastructure with a vibrant pool of tech talent which further gives a strong push to blockchain technology to become a global forerunner. Given the emergence and adoption rate of blockchain technology in the present world, IA and IBA have come up with BlockStart Hackathon 2021 to spotlight the next wave of blockchain entrepreneurs in association with IA Labs as the virtual pitch day tech partner for the event.

The theme of the blockchain hackathon is to help India’s journey towards AtmaNirbhar Bharat, which includes existing opportunities and use cases in the areas of healthcare, e-governance, agriculture and finance.

“This hackathon will help us further accelerate building the blockchain ecosystem for India, block by block,” said Raj Kapoor, Founder and Chairman of India BlockChain Alliance.

Commenting on the program, Maninder Singh, CTO and Co-founder of IA Labs said, “Our collaboration with IBA is in sync with our vision to accelerate blockchain startups in India. IBA and IA have a strong network of mentors to help students and aspiring entrepreneurs drive innovation in blockchain technology.”

“Web3 Blockchain DApps will be the next wave of disruption which will propel the Indian startup ecosystem towards the realization of SDG goals”, he added.

The campus entrepreneurship program is open for students, university teams, individuals and existing startups. As part of the program, IA and IBA will focus on nurturing the startups while making them industry-ready and opening more avenues for them to disrupt the market.

The call for program applications have opened on 15th November’ 21 and will close on 5th December’ 21 with a final demo day on 15th December’ 21. The final demo day will be followed by existing cash prizes, credits and perks along with an opportunity for funding and mentorship with the best in the industry.

Under the program, IA and IBA are projecting to accelerate 15 blockchain startups in 2021-22.