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Business EconomyPosted at: Aug 25 2021 8:20PM


STPI, Wadhwani Foundation sign MoU to promote entrepreneurship, ecosystem for startups

Bengaluru, Aug 25 (UNI) Software Technology Parks of India (STPI), an organisation under MeitY, has been working for creation of the startup ecosystem in the country and establishing 25 Centres of Entrepreneurship (CoEs) in various emerging technologies.

In a statement issued here, STPI said that they signed an MoU with Wadhwani Foundation’s National Entrepreneurship Network (NEN) to promote entrepreneurship & create a nurturing ecosystem for startups incubated at STPI.

Wadhwani Foundation (WF) through NEN will be conducting a 14-week bootcamp program “NextGen IGNITE” for startups selected in CHUNAUTI 1.0. Under this MoU, NEN will extend the following dedicated program to STPI/STPINEXT startups incubated under various schemes/initiatives:
This program is designed to support startups in a structured 14-week duration to reach an investable ready pitch; and This program is designed to work with early stage startups in a structured consultative format to support their transformation.

“Signing of this MoU with Wadhwani Foundation is one such key step towards strengthening our partnership ecosystem & enabling our startups to leverage their expertise. Each Centre of Entrepreneurship that we are creating at STPI is an extension of our collaboration with the ecosystem around us. The kind of CoE ecosystem developed by STPI is very unique in terms of networking with a large number of partners that no other organization can provide,” stated Dr. Omkar Rai, Director General, STPI.
Ms. Niharika Gaur, Associate Director, Wadhwani Foundation shared, “The Foundation through its large-scale initiatives in entrepreneurship, small business growth, innovation and skilling is aiming to accelerate economic development in emerging markets.”
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Tags: #STPI# Wadhwani Foundation sign MoU to promote entrepreneurship# ecosystem for startups
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