i2i releases its Impact Report for 2016

i2i, short for Invest2Innovate, has been supporting early-stage startups since 2011 and its four-month accelerator program for young entrepreneurs has been making the news ever since its inception. This year, it releases a comprehensive impact report from 2012 to 2016 to highlight what it has been doing and what success has it achieved alongside.

Over 21 startups have graduated from their program, out of which 15 startups are still active. These startups including 8 major industries – transportation, health, retail e-commerce, education, IoT, clean energy and food & agriculture, have raised $1 million total in funding together. As a result, they have created over 850 jobs in the market.

Over 300 of these startups are supported by Slush & 1776 partnerships. 1776 is a global incubator and seed fund that helps startups from around the world. They are building a global community that provides intellectual, social and financial capital to these startups. Slush is a conference platform for entrepreneurs and tech talent to meet with top-tier international investors, executives and media. It’s a two-day event that takes place every fall in Scandinavia which has one of the best tech ecosystems in the world. So to be supported by these two platforms is a big deal for i2i’s startups.

The annual revenue growth for i2i’s startups has been 200% on average. Incredible, isn’t it? What’s more is that there are many female founders i.e. the ratio of men to women is pretty even-stevens – 5:4!

Kalsoom, the founder and CEO of i2i, has been training young entrepreneurs and civil society leaders in Ukraine, Ireland, Cambodia, and Kazakhstan. She has served as a co-ambassador for Sandbox, a global network of innovators under 30, and is also a member of the World Economic Forum’s Global Shapers. She has got too many accolades under her belt to be mentioned here, and is utilizing her network well to grant the necessary exposure to the startups incubated under i2i.

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