The MAARG (Mentorship, Advisory, Assistance, Resilience, and Growth) platform will be launched by Commerce and Industry Minister Piyush Goyal. The Commerce Ministry said MAARG, a portal to facilitate mentorship for start-ups across diverse sectors, and geographies, will go live on January 16.
What’s More In The Line:
The minister will also award outstanding start-ups and enablers which have demonstrated exceptional capabilities not just in terms of financial gains, but also for the measurable impact on society. The winning start-ups will be given a cash prize of Rs 5 lakh each. One exceptional incubator and one accelerator each will get a cash prize of Rs 15 lakh.
Significance of MAARG Portal:
It will facilitate mentorship between start-ups and entrepreneurs across sectors, stages, and functions, the ministry said. The matchmaking phase of the portal will allow start-ups to connect with mentors and discuss their mentorship needs.