Grameenphone Accelerator is a cohort-based, mentor-led and curriculum-driven open innovation platform that supports early-stage, homegrown tech startups. GPA takes in twelve tech startups every year for accelerator among 25 teams of incubation program. Grameenphone Accelerator receives over a thousand applications for each cohort and the process to select the startups combines an online application for all, a two-day selection boot-camp for top 30-35 and two rounds of pitching and judging comprising of the local investors, ecosystem leaders and Grameenphone Management Team. Startups receive up to US$ 18,000 for 10% of equity. Half of this money is released upon completion of company formation, tax and vat registration and opening of a company bank account. The other half is released on graduation and approval from the board.