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FICCI steps up help to startups 'to create vibrant financial system'; presents entry to mentoring, funding, extra 

Spontac News 24x7 , Oct 1, 2020

Trade physique FICCI on Thursday stepped up its help in the direction of the Indian startup ecosystem with a brand new membership programme to allow mentoring, entry to funding, coverage advocacy with the federal government, and extra. The membership is being provided freed from value to startups until December 31, 2020. “Startups are immensely important to the expansion of a nation’s financial system. FICCI Begin-ups is envisioned to assist younger Indian entrepreneurs to create a vibrant financial system. That is the time to say Silicon Valley right here we come,” stated Dr Sangita Reddy, President, FICCI throughout a webinar to launch the programme. The Indian startup ecosystem is at the moment the third-largest following the US and China with 21 unicorns.

The general advantages of the programme would come with connecting startups to the company members of FICCI, mentorship by trade specialists, entry to not simply angel community Indian Angel Community but in addition the upcoming FICCI-IAN social enterprise fund, FICCI innovation and startup programmes, exhibitions, delegations, and conferences at particular prices. The programme would additionally allow startups to attach with the worldwide investor group. Startups taking membership within the coming three months could be entitled to those advantages without cost for the approaching one yr, in line with Dr Reddy.

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“We’re at the moment implementing 14+ nationwide and international packages by means of PPP to encourage and allow startups to develop and creating joint ventures of startups between India and nations in Africa and Latin America and extra lately in Russia,” stated Dilip Chenoy, Secretary-Basic, FICCI. The trade physique’s startup committee consists of members comparable to IAN co-founders Saurabh Srivastava and Padmaja Ruparel, Ideaspring Capital’s MD & Founder Naganand Doraswamy and extra.

“Having supported 1000+ startups/innovators until date with over Rs 125 crores, FICCI has been an energetic participant within the startup ecosystem. Begin-up enterprises supported by FICCI have been in a position to generate 140,000+ jobs and leverage over 5 instances from exterior market sources. Over 100 corporations have been supplied entry to international markets throughout US, South Asia and Africa,” FICCI stated in a press release.

 

 

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Event:

 Launch of 'FICCI for Start-ups'