Business Incubator The Morpheus continues to invest in Indian start ups.
After raising a “small” seed fund, the incubator is accepting applications for the fourth batch of its Business Acceleration Program (BAP), which starts last week of March.
The deadline for receiving applications is March 10, 2010.
The fund will invest 5 Lakh INR (US$10,000) in each company. In order to create value, the BAP will support entrepreneurs in accelerating their business through a 4-month intensive program.
According to local reports, the Program has already received applications from each one of the Indian Institute of Technology (IITs).