Page-9 of Startups
President launches National Student Startup Policy
President Pranab Mukherjee launched the National Student Startup Policy (NSSP) to promote technology-driven student start-ups. It was launched during the second Visitor’s Conference held at Rashtrapati Bhavan, New Delhi. Key facts The NSSP has been formulated by the All India ..
Month: Current Affairs - November, 2016
Union Government launches Pradhan Mantri Yuva Yojana for entrepreneurs
The Union Ministry of Skill Development and Entrepreneurship has launched of Pradhan Mantri Yuva Yojana (PMYY) to scale up an ecosystem of entrepreneurship for youngsters. The scheme was launched by Union Minister of State(I/C) for Skill Development and Entrepreneurship Rajiv ..
Month: Current Affairs - November, 2016
CII launches Startup Mentorship Circle platform
The Confederation of Indian Industry (CII) has launched ‘Startup Mentorship Circle’, a unique platform to help in connecting start-ups with the global marketplace. The platform was launched in view of Union Government’s vision of nurturing entrepreneurship under the Startup India ..
Month: Current Affairs - November, 2016
RBI allows startups to raise $3 million via ECBs annually
The Reserve Bank of India (RBI) has permitted startups to raise external commercial borrowings (ECBs) of up to $3 million in a financial year for three year tenure The new rules issued by RBI aims at boosting innovation and promoting ..
Month: Current Affairs - October, 2016
SBI inks MoU with IIT Bombay to promote startups in financial sector
The State Bank of India (SBI) has signed a memorandum of understanding (MoU) with the Society for Innovation and Entrepreneurship (SINE) at IIT Bombay to promote innovation by start-ups in the financial sector. The SINE is IIT Bombay’s technology business ..
Month: Current Affairs - July, 2016
India’s first Centre of Excellence on Internet of Things launched in Bengaluru
India’s first Centre of Excellence on Internet of Things (CoE– IoT) was launched in Bengaluru, Karnataka by the National Association of Software and Services Companies (NASSCOM). The centre was launched at NASSCOM’s Startup Warehouse in Bengaluru to encourage start-ups to ..
Month: Current Affairs - July, 2016