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NASSCOM to Set-Up Two Start-Up Warehouses in Maharashtra

Enters into a strategic partnership with Government of Maharashtra to open a start-up warehouse in Navi Mumbai and Pune

As part of fast-tracking its effort to reach out to maximum number of entrepreneurs, NASSCOM’s 10,000 Start-Up Program has entered into a strategic partnership with Government of Maharashtra to open a start-up warehouse in Navi Mumbai and Pune.

The MoU signing ceremony was held in the presence of Hon’ble Chief Minister of Maharashtra Sh. Devendra Fadnavis and Hon. Subhash Desai, Minister of Industries along with Mr. Bhushan Gagrani, CEO of Maharashtra Industrial Development Corporation (MIDC), and Mr. R. Chandrashekhar, President, NASSCOM, NASSCOM delegates, along with other industry leaders and entrepreneur community.

The key objectives behind the strategic partnership is to build entrepreneurial capabilities in the state, create a vibrant online community to link investors, mentors and start-up entrepreneurs, and create massive awareness about tech-entrepreneurship a preferred career option. The program will also organize common application process in consultation with Department of Industries and MIDC to generate massive volumes of startup applications and make relevant connections to the investing community.

The new start-up warehouses will be set-up by NASSCOM in association with MIDC will provide for physical infrastructure by providing space for IT start-ups and incubation centers at a nominal rent with all necessary amenities. Aimed to capture the essence of entrepreneurial and innovative spirit of Maharashtra, the setup will provide early stage technology start-ups with highly affordable co-working space conveniently located in the centre of the city, thereby establishing Navi Mumbai and Pune as one of the emerging destinations of global businesses and start-ups.

On the occasion of launch, R. Chandrashekhar, President, NASSCOM, said, “Maharashtra and Mumbai has always been the business hub of India. With the new government’s focus on creating a conducive ecosystem for businesses and entrepreneurship to grow, I am sure this new warehouse will provide a platform for the young minds to breed. NASSCOM is happy to set-up center of excellence for innovation and entrepreneurship and thank the Government for all their support and cooperation.”

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