KOZHIKODE:
IIMK LIVE (Laboratory for Innovation Venturing and Entrepreneurship), the pioneering startup incubator at the Indian Institute of Management Kozhikode (IIMK), has launched the ‘Ignite’ Program to drive meaningful, transformative change among India’s micro-enterprises and Self-Help Groups (SHGs). The program is dedicated to empowering innovative start-ups that are pioneering technology-driven solutions for grassroots businesses. By offering funding, mentorship, and essential resources, Ignite aims to accelerate the growth of start-ups committed to uplifting underserved communities, fostering sustainable growth, and strengthening economic resilience.
As India’s entrepreneurial landscape evolves, start-ups are increasingly providing tailored solutions that directly address the challenges faced by micro-enterprises and SHGs, especially in financial literacy, operational efficiency, and market reach. These ventures are empowering communities by streamlining operations, enhancing access to financial resources, and optimizing supply chains. By focusing on financial services, technology integration, and operational support, these start-ups are paving the way for broader economic resilience, equipping communities to thrive in today’s dynamic business environment.
Announcing the same, Prof. Debashis Chatterjee, Director of IIM Kozhikode and Chairman of IIMK LIVE, remarked, “The Ignite Program is a testament to IIMK LIVE’s commitment to fostering collaboration between innovative start-ups and grassroots micro-enterprises/SHGs. By providing targeted solutions in critical areas such as supply chain management, financial services, and marketing, Ignite aims to help micro-enterprises and SHGs unlock their full potential, driving positive social and economic impact.”
Igniting Grassroots Transformation through Technology and Innovation
Recognizing the immense potential of these forward-thinking ventures, IIMK LIVE’s Ignite Program is positioned to be a catalyst for change. Start-ups selected for Ignite will gain access to a host of resources, including funding support, mentorship from industry experts, and opportunities to connect with a network of professionals. This combination is designed to support start-ups in scaling their solutions, furthering IIMK LIVE’s mission of strengthening India’s entrepreneurial ecosystem at the grassroots level.
Applications Now Open
Applications for the Ignite Program are now open and will close on November 20, 2024. Start-ups and organizations working to empower micro-enterprises and SHGs are encouraged to apply and leverage the resources available through this unique initiative. With the Ignite Program, IIMK LIVE reaffirms its dedication to building stronger, self-reliant, and resilient communities by fostering collaboration and innovation.
more recommended stories
Global Public School Opens First Crèche and KG at Technopark Phase IIITHIRUVANANTHAPURAM:Global Public School’s GPS Stepping Stones.
Rajagiri Confluence 2024 Inaugurated by Union Minister of State Suresh GopiKOCHI:The largest industrial education conference in.
IIM Kozhikode and Emeritus Launch Senior Management ProgrammeMUMBAI:As businesses face unprecedented disruption from.
Union Minister Suresh Gopi to Inaugurate CONFLUENCE 2024KOCHI:Union Minister of State for Petroleum.
IMF’s Ranil Says India May Soon be the Largest Contributor to Global GrowthKOZHIKODE:Veteran IMF staffer, Dr. Ranil Salgado.
Delhi Edition of TCS InQuizitiveNEW DELHI:Tata Consultancy Services (TCS) (BSE:.
Aakash Launches Crash Course for JEE Main 2025Phase I & IINEW DELHI:Aakash Educational Services Limited (AESL),.
Kerala’s Largest Industry-Academia Meet to be Held in Kochi on Nov. 6KOCHI:More than 2,000 delegates will attend.
KITTS, Digital Varsity ink MoU to Launch Tech Courses in TourismTHIRUVANANTHAPURAM:Kerala Institute of Tourism and Travel.
TCS InQuizitive 2024 Kochi Edition WinnersKOCHI:Tata Consultancy Services (TCS) (BSE: 532540,.