The West Bengal Government, in partnership with IIM Calcutta Innovation Park (IIMCIP), has launched a structured business acceleration program to foster success among innovative MSMEs or startups.
Many enterprises face challenges in securing funding due to gaps in their business models and a lack of connections with potential investors. This initiative aims to bridge these gaps by nurturing investible ventures, facilitating funding opportunities, and enabling business expansion.
The program is designed to drive economic growth by fostering innovation, generating employment, and contributing to the overall development of West Bengal. By providing a structured pathway for startups to achieve scalability and financial sustainability, this initiative acts as a catalyst for building a thriving entrepreneurial ecosystem in the state. It equips businesses with the right tools, mentorship, and strategic connections to succeed in competitive markets, both locally and globally.
Program Benefits
- Training from IIM Calcutta Innovation Park on various aspects of business model.
- Guidance on Fund Raising and Pitch Deck preparation.
- One-on-one mentoring by experts from IIMCIP.
- Opportunity to pitch for funding to investors.
- Participants will gain increased visibility for their startups within the ecosystem.
- Priority access to West Bengal Government initiatives designed to promote startups.
- They will have the opportunity to pilot their projects or conduct a Proof of Concept with various government departments.
Eligibility Criteria
- Any Innovative MSME & Startups from West Bengal that is incorporated as Pvt ltd Company/LLP under Section 2(68) of the Companies Act, 2013
- The enterprise must have been in operation for no more than 5 years
- The enterprise should either be based within West Bengal or have an interest in establishing operations in West Bengal
- The enterprise must address a problem/gap in an innovative manner
For more information, visit IIMCIP.
