National Entrepreneurship Network (NEN) Collaborates with FKCCI to Support Growth-Stage Enterprises Across Karnataka

FKCCI to act as Anchor Partner for Wadhwani Accelerate, expanding access to growth support across Karnataka

National Entrepreneurship Network (NEN), supported by Wadhwani Foundation, has signed a Memorandum of Understanding (MoU) with the Federation of Karnataka Chambers of Commerce and Industry (FKCCI), an apex chamber of commerce in Karnataka, to create outreach opportunities for 1,000+ growth-stage enterprises and MSMEs across the state through the Wadhwani Accelerate Program.

Wadhwani Accelerate is designed for enterprises with ₹25 crore+ annual revenue, a clear growth opportunity and the intent to execute their next phase of scale. Selected enterprises receive a dedicated Venture Partner, business diagnostics, a structured growth plan and execution support, including a fully funded 90-day growth sprint focused on achieving a tangible business outcome.

Under the one-year MoU, FKCCI will act as an Anchor Partner for NEN in Karnataka, leveraging its member network, affiliated associations, sector councils, regional chapters and wider ecosystem to identify and connect eligible growth-stage enterprises with the program.

“Karnataka has a strong base of ambitious enterprises with the potential to scale faster, create jobs and contribute meaningfully to economic growth. Through this collaboration with FKCCI, we want to help growth-stage businesses identify their most important growth opportunities and, critically, execute against them.”

- Vishal Chaddha, EVP, Wadhwani Accelerate, NEN

Vishal Chaddha, EVP, Wadhwani Accelerate, NEN, said, “Karnataka has a strong base of ambitious enterprises with the potential to scale faster, create jobs and contribute meaningfully to economic growth. Through this collaboration with FKCCI, we want to help growth-stage businesses identify their most important growth opportunities and, critically, execute against them. Wadhwani Accelerate combines dedicated Venture Partner support, diagnostics, growth planning, expert guidance and focused execution sprints to help businesses translate growth ambition into measurable outcomes.”

As part of the collaboration, NEN and FKCCI will jointly conduct knowledge sessions, growth ideation workshops, CEO roundtables and growth workshops to build a strong pipeline of eligible enterprises across Karnataka. The partnership will leverage FKCCI’s extensive network of 135 Trade and Industry Associations and 26 District Chambers of Commerce to reach businesses across the state.

“This partnership with NEN will help strengthen Karnataka’s MSME ecosystem by giving growth-stage enterprises access to structured support, expert guidance and practical business tools. We believe this collaboration will help businesses expand into new markets, prioritise execution and build stronger growth plans.”

- Uma Reddy, President, FKCCI

Speaking on the collaboration, Uma Reddy, President, FKCCI, said, “This partnership with NEN will help strengthen Karnataka’s MSME ecosystem by giving growth-stage enterprises access to structured support, expert guidance and practical business tools. We believe this collaboration will help businesses expand into new markets, prioritise execution and build stronger growth plans.”

T. Sairam Prasad, President-Elect, FKCCI, added, “FKCCI is committed to supporting enterprises across Karnataka. Through this collaboration, we look forward to enabling more eligible MSMEs to access Wadhwani Accelerate and move towards their next phase of scale.”

The collaboration brings together FKCCI’s extensive enterprise network and NEN’s structured growth and execution support to help Karnataka-based businesses scale, strengthen competitiveness and create jobs.