NASSCOM, the organisation aimed at promoting Indian software industry, invites applications for the second batch of 10,000 startups initiative. Under this initiative, the technology startups achieve Funding, Acceleration, Mentoring and Enterprise connects (F.A.M.E).
Designed to promote and support technology startups, the initiative gives a 360 degree growth of the entrepreneurial ideas including market research, product development, talent acquisition, marketing strategies and others.
Som Mittal, President, NASSCOM said “The way India’s economy has grown in recent times is phenomenal. And to sustain this growth it is imperative to have more entrepreneurs in the country that will transform the landscape and propagate development. We are very pleased with the response that the 10,000 Startup program has received so far and are significantly enhancing the scope of the program in its second league. Adding value at various stages for technology startups in addition to the erstwhile proposition of funding and acceleration would be the primary focus of the program going forward. We are positive that this initiative will enable thousands of entrepreneur’s setup and grow their businesses and in the process further propel India’s economy.”
Under the ambit of 10,000 Start-ups, the program is additionally launching a one of a kind Startup-in-residence mentoring program where NASSCOM is collaborating with successful and entrepreneurial Tech companies in Consumer Internet and Software product space. This collaboration will enable incubation of early stage startups in their premises and support them through vertical experts specifically in the areas of Product Management, Technology, Marketing, Business Development and Human Resource. These renewed focus areas have immense potential and will continue to empower young entrepreneurs to create ventures of global scale from India.
The whole initiative aims at creating 10,000 startups in next 10 years.