Earlier Today, FICCI (1) unveiled India’s first FICCI for Startups. The initiative aims to offer a voice to Indian startups. Dr. Sangita Reddy, the President of FICCI, while addressing the launch, stated that startups are necessary for the growth of any nation’s economy. FICCI for Startups is striving to help young entrepreneurs of India to create a vibrant economy.
Dr. Reddy further added that the initiative would give offers to the FICCI startup members. Notably, the membership is available free of cost until 31 December 2020. Any startup that will take the membership in the upcoming 3-months can get the benefits package for free for the next year.
The FICCI Startup Committee and Founder Chairman, Dr. Ajai Chowdhry, stated that it is the first global chamber to develop a unique program for startups. He added that the initiative would offer a complete solution as per the requirements of any startup. The team is looking for a range of services they could provide to all startups. It includes existing and new mentorship, along with other programs for the members.
FICCI Plays a Vital Role to Foster Innovation and Entrepreneurship System in India
These programs will help entrepreneurs to build relationships with incubators, accelerators, and angel funding. He added that they are soon launching a FICCI-IAN social venture fund. It would enable the team to offer financial support to startups in India.
The Secretary-General of FICCI, Mr. Dilip Chenoy, stated that FICCI played a vital role in fostering innovation and entrepreneurship system in India for over a decade. The team is implementing a 14+ national and global program via PPP at present. It would enable startups to grow and create joint startup ventures between India and countries across Africa, Latin America, and Russia.
The comprehensive benefit under the FICCI for Startups initiatives includes connecting startups to FICCI corporate members, connection to the Indian Angel Network, and mentorship from industry experts. It also provides access to the upcoming FICCI-IAN social venture fund, its innovation and startup programs, delegations, conferences at a cost, exhibitions, connection to the global investor community, policy advocacy with the government, and more.