Asia Partners names DFC, DEG as LPs in $384m debut PE fund dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.
Business accelerators onboarding MSMEs to aid growth
The MSME sector, considered a big job creator, is facing a tough time post the pandemic induced nationwide lockdown
(MINT PRINT)Premium
Share Via
Read Full Story
NEW DELHI: Padmini Govind, owner of a textile block-printing enterprise in Bengaluru, says the pandemic has altered business opportunities and consumer choices, and she would be better off with certain degree of mentoring and handholding to grow her small business that she inherited from her mother. There is too much of volatility, especially for small enterprises. From a pure B2B (business to business) space, I would certainly like to explore the B2C (business to consumer) market now, both in India and aboard, said Govind, who has joined an accelerator program by Global Alliance for Mass Enterprises founded by a group of business leaders like Ravi Venkatesan, the former chairman of Bank of Baroda and a former head of Microsoft India.
Synopsis
ThinkStock Photos
60 entrepreneurs will be selected from over 250 applicants in a transparent fashion, based on the evaluation criteria decided by the government and Cornell University.
MUMBAI: The government of Maharashtra has partnered with New York-based Cornell University to launch a social impact accelerator program for marginalised entrepreneurs.
The industries department government of Maharashtra has confirmed the establishment of an incubation centre (business accelerator) for three academic years on an experimental basis to train 60 entrepreneurs. The candidates will be fully sponsored by the Maharashtra government and will be awarded a certificate from Cornell for successful completion.
Announcing the launch of the business accelerator centre Cornell Maha 60, Development Commissioner (Industries) Government of Maharashtra Harshadeep Kamble spoke about the importance of business mentorship and international exposure to budding entrepreneurs. “Cornell Maha 60