Piyush Goyal to Launch MAARG Portal for Startup Mentorship

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.

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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.