State to choose 24 start-up ideas

Mumbai | Thursday | 26th April, 2018

Summary:

more-inIn a bid to promote start-ups, Maharashtra State Innovation Society (MSInS) will select 24 business ideas and issue work orders worth ?15 lakh to each of them as part of Maharashtra start-up week 2018. Finally, 24 ideas will be chosen, which will be given work orders worth ?15 lakh each by the MSInS,” said Skill Development Minister Sambhaji Patil-Nilangekar. “Apart from the 24 start-ups, the government will promote nearly 10 start-ups by extending financial assistance worth ? 15 lakh to develop market in foreign countries,” he said. Mr.

Ravindran said the Tata Trust has signed an MoU with the MSInS as a strategic knowledge partner for the start-up week. “We have decided to choose five start-ups from rural areas of every district,” the minister said..