Starting a new business is a lot of work. Every entrepreneur going through the early stage startup phase can make use of some help and guidance from experts who have done this previously or have some knowledge of how the business world works. In order to provide this guidance to new entrepreneurs and encourage more youngsters to take the entrepreneurship route, the Jain community has decided to set up a number incubation centres across all major metros in the country. The first one among the many will be set up at Andheri, Mumbai.

Called the called ‘Cello JITO Incubation Centre,’ the not-for-profit facility will be providing thorough guidance and handholding to all its occupants. The building for the centre is being provided absolutely rent free by the Cello Group. The centre will be officially owned by JITO Incubation and Innovation Foundation (JIIF), which is a wholly owned subsidiary of Jain International Trade Organization (JITO).

For the uninitiated, JITO, is a multi-stakeholder community of visionary Jain’s who share the commitment to shape the future of the country, especially by working with the younger generation. Having almost 6,000 members, it claims to be single largest organisations of prominent businessmen, industrialists and professionals not only in the Indian subcontinent but also across the globe.

Located at Business Square at Solitaire Park, Chakala, Andheri East, the incubation centre will be spread over 8500 sq ft and have a capacity of 100+ seats. Once operational, the facility will offer its incubatees shared support services like HR, legal, IT and accounts etc. In addition to this, it will also help them in funding and ready market for implementation as per eligibility.

“This facility will help all the budding entrepreneurs in the city and will offer the best of services to the occupants. It is conveniently located and has all the modern facilities that start-ups require,” said Mr Pradeep G Rathod of Cello Group.

This development was first reported in IndiaEducationDiary.

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