AWS, Accel launch ML Elevate 2023 accelerator program

Hyderabad Amazon Web Services (AWS) and venture capital firm Accel have launched ML Elevate 2023, a six-week accelerator program aimed at empowering startups that are building generative artificial intelligence (AI) applications.

ML Elevate aims to support generative AI startups by providing them access to impactful AI models and tools, business and technical mentorship, curated resources, the AWS Activate program, and up to US$200,000 in AWS Credits. Other benefits include peer support from a community of leading AI and ML startup founders and the opportunity to scale production-ready generative AI applications on Amazon SageMaker JumpStart.

“Through ML Elevate, our aim is to support generative AI startups to develop industry-focused solutions and innovate to drive the digital economy. We are excited to collaborate with Accel to invite applications from builders with big ideas and support the growing community of generative AI startups in India,” says Vaishali Kasture, Director of AWS India and South Asia at Amazon Web Services India Pvt. Ltd.

Generative AI startups that have already developed a Minimum Viable Product (MVP) and intend to seek funding in next 12-18 months are eligible to apply. Selected startups will undergo live virtual masterclasses, including fireside chats and panel discussions by investors, industry leaders, and AWS experts. The cohort will also have a fundraising opportunity through a dedicated Demo Week to pitch leading VC funds, angel investors, and industry leaders.