Startup India boost: IIM-Bangalore to launch incubator for early stage non-profits

Management expertise and venture philanthropy are joining hands to give a boost to Prime Minister Narendra Modi’s Startup India campaign. 

The Indian Institute of Management Bangalore is launching a first-of-its-kind startup incubator with support from the Michael and Susan Dell Foundation exclusively to nurture early-stage nonprofit organisations working primarily in education, financial inclusion, and jobs and livelihoods for the urban poor.

The Texas-based foundation has provided Rs 4.2 crore as a three-year grant for initial support to the incubator, which will be launched by September and will be housed inside IIM-B’s NS Raghavan Centre for Entrepreneurial Learning (NSRCEL).

So let’s do:
1. Expand the terms NSRCEL and IIM ?
2. ________ Bangalore is launching a first-of-its-kind startup incubator

Source – The Hindu  


Download success!

Thanks for downloading the guide. For similar guides, free study material, quizzes, videos and job alerts you can download the Adda247 app from play store.


Leave a comment

Your email address will not be published. Required fields are marked *