As part of fast-tracking its effort to reach out to maximum number of entrepreneurs, NASSCOM’s 10,000 Start-Up Program has entered into a strategic partnership with Government of Maharashtra to open a start-up warehouse in Navi Mumbai and Pune. The MoU signing ceremony was held in the presence of Hon’ble Chief Minister of Maharashtra Sh. Devendra Fadnavis and Hon. Subhash Desai, Minister of Industries along with Mr. Bhushan Gagrani, CEO of Maharashtra Industrial Development Corporation (MIDC), and Mr. R. Chandrashekhar, President, NASSCOM, NASSCOM delegates, along with other industry leaders and entrepreneur community.
The key objectives behind the strategic partnership is to build entrepreneurial capabilities in the state, create a vibrant online community to link investors, mentors and start-up entrepreneurs, and create massive awareness about tech-entrepreneurship a preferred career option. The program will also organize common application process in consultation with Department of Industries and MIDC to generate massive volumes of startup applications and make relevant connections to the investing community.
The new start-up warehouses will be set-up by NASSCOM in association with MIDC will provide for physical infrastructure by providing space for IT start-ups and incubation centers at a nominal rent with all necessary amenities. Aimed to capture the essence of entrepreneurial and innovative spirit of Maharashtra, the setup will provide early stage technology start-ups with highly affordable co-working space conveniently located in the centre of the city, thereby establishing Navi Mumbai and Pune as one of the emerging destinations of global businesses and start-ups.
On the occasion of launch, Mr. R. Chandrashekhar, President, NASSCOM said, “Maharashtra and Mumbai has always been the business hub of India. The state has always known for its innovation and entrepreneurial capabilities and India is brimming with shining examples like the Tatas and the Ambanis. The state has always been very supportive for the new businesses with its friendly policy structure. With the new government’s focus on creating a conducive ecosystem for businesses and entrepreneurship to grow, I am sure this new warehouse will provide a platform for the young minds to breed. NASSCOM is happy to set-up center of excellence for innovation and entrepreneurship and thank the Government for all their support and cooperation.”
Maharashtra is one of the front runner in terms of entrepreneurial spirit and is expected to grow faster in the near future with an entrepreneur friendly IT Policy. Further, Mumbai and Pune are home to hundreds of engineering colleges and innumerable technical institutes to have exactly similar start-up warehouses with support of the respective state governments. Financially supported by the Government of Maharashtra, the warehouse will be managed by NASSOCM’s 10,000 Start-ups program.
Earlier in January this year, NASSCOM Launched Its Second Startup Warehouse In Kolkata and we reported that other startup warehouses are planned for Pune, Mumbai and Hyderabad Too. Now that Mumbai & Pune startup warehouses have been announced officially, Hyderabad is next on List for NASSCOM’s 5th startup warehouse in the country.
Moreover, even Tamil Nadu is planning to set up Startup Incubators & Warehouses in state with guidance From NASSCOM
NASSCOM’s 10,000 Startups Program is supported by Google, Microsoft, Intel, IBM, AWS and Kotak.