ASSOCHAM to launch platform for startups to raise funding: Here is what you must know
Apex trade body ASSOCHAM is going to launch "Startup Elevator Pitch Series", an initiative and a platform for budding entrepreneurs to pitch for funding and technology partners for their dream projects.
Apex trade body ASSOCHAM is going to launch "Startup Elevator Pitch Series", an initiative and a platform for budding entrepreneurs to pitch for funding and technology partners for their dream projects, from September 7, 2019. The ASSOCHAM Startup Elevator Pitch Series would be rolled out in 12 cities between September 7 and January-end 2020. The cities are Jaipur, Pune, Lucknow, Chandigarh, Raipur, Indore, Guwahati, Kochi, Visakhapatnam, New Delhi, Jammu and Srinagar.
The format of Elevator Pitch will be such that the entrepreneurs and founders will be given 300 seconds to explain the concept and idea about a service or product to jury members, a statement from ASSOCHAM said.
Besides Google Cloud vouchers for the selected ideas, there will an opportunity to get a direct entry into the accelerator programme with IncubateIND, a technology community network.
“Through this unique initiative, Startups or potential Startups would be able to network with high net worth individuals and top of the line professionals and generate business or funding opportunities for themselves,” said Anil Khaitan, chairman, ASSOCHAM National Council on Startups.
Khaitan said that the opportunity would be available for early-stage startups between 0-2 years of operations. Those aspiring to scale up would also get an opportunity for raising finance and/ or acquiring technology or even stitching a marketing partnership with venture capitalists, mentors or independent professionals of global repute. The Elevator programme is also open for the established startups between 2–5 years of operations.
The statement said that the programme is in line with Prime Minister Narendra Modi's pet initiative Startup India.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
![https://www.zeebiz.com/markets/stocks/photo-gallery-this-tata-group-stock-turned-every-rs-10000-of-investment-into-rs-11300-in-just-a-week-investors-richer-by-42722-crore-rupees-any-guesses-share-market-news-304023](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/26/307143-tradingpexels.jpg?itok=rw4R7EfH)
A Tata group stock just turned every Rs 10,000 of investment into Rs 11,300 in just a week, investors richer by Rs 42,722 crore; any guesses?
![https://www.zeebiz.com/markets/stocks/photo-gallery-large-cap-midcap-stocks-shares-to-buy-for-long-term-check-out-targets-nifty-sensex-303617](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/25/306716-stockks.jpg?itok=KJTrFUIK)
Stocks to buy for long term: Analysts suggest buying these 5 largecap, 4 midcap scrips; check out targets
![https://www.zeebiz.com/personal-finance/photo-gallery-nps-retirement-planning-budget-2024-nirmala-sitharaman-announcement-how-nps-rulebook-change-can-increase-corpus-income-and-monthly-pension-by-40-compound-return-303984](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/26/307102-indian-currency-pixabay-take.jpg?itok=kN21EW-9)
How your NPS retirement corpus and monthly pension can jump by 40% after this rule change; get details
![https://www.zeebiz.com/personal-finance/photo-gallery-senior-citizen-savings-scheme-scss-2024-interest-rate-calculator-post-office-how-to-get-inr-rs-50000-interest-retirement-planning-guaranteed-return-maturity-amount-small-savings-303930](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/26/307042-fd-interest-file.jpg?itok=45ZbBRWM)
How much investment do you need in this senior citizen scheme to get Rs 50,000 quarterly interest? Know here
01:46 PM IST