I'm running this program with CIIEindia.org the incubation center at IIMA. We invest 5 Lakh in the companies we work with and ask them to move to Ahmedabad for 5 months May 1 - Sept 30.
@Medianama running it in some other city would not be as beneficial as running it in Ahmedabad. IIM Ahmedabad is the source of knowledge for this program, and this gap will be too much if the program is done in some other city.