Commerce and industry minister Piyush Goyal has launched the MAARG platform (Mentorship, Advisory, Assistance, Resilience, and Growth), to facilitate mentorship between startups and entrepreneurs across sectors, stages, and functions.
The matchmaking phase of the portal will allow startups to connect with mentors and discuss their mentorship needs. The minister will also announce the results of National Startup Awards 2022. The winning startups will be given a cash prize of Rs 5 lakh each. One exceptional Incubator and one Accelerator each will also get a cash prize of Rs 15 lakh.
The ministry said, “The winning and finalist startups will benefit from the support extended for their business growth, mentorship, funding, partnerships, market access opportunities, that will further enable them to serve as a role model for other entrepreneurs.”
The National Startup Awards 2022 invited applications across 17 sectors including Agriculture, Animal Husbandry, Construction, Drinking Water, Education & Skill Development, Energy, Enterprise Technology, Environment, Fintech, Food Processing, Health & Wellness, Media and entertainment, Industry 4.0, Security, Space, Transport and Travel, which were further divided into 50 sub sectors, and 7 special categories.
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