1. BSE Institute announces launch of new zone for startups

BSE Institute announces launch of new zone for startups

In line with Prime Minister Narendra Modi's startup India mission, the BSE Institute Ltd, a wholly owned subsidiary of BSE Ltd, launched a new accelerator for startups - Zone Startups India.

By: | Mumbai | Published: February 5, 2016 4:09 PM
BSE

The BSE Institute Ltd, a wholly owned subsidiary of BSE Ltd, launched a new accelerator for startups – Zone Startups India. (Photo: Reuters)

In line with Prime Minister Narendra Modi’s startup India mission, the BSE Institute Ltd, a wholly owned subsidiary of BSE Ltd, launched a new accelerator for startups – Zone Startups India. The new zone for startups will be housed in the same PJ Towers as BSE.

Zone Startups India has been setup as a technology based incubator under the National Science & Technology Entrepreneurship Development Board (NSTEDB), Department of Science & Technology, Government of India. Zone Startups India is the only stand-alone accelerator programme in India to be accredited this support.

The startup zone will also be a major innovation hub that will evolve technology based solutions to address a gamut of business challenges. The key objectives of Zone Startups India is to focus on scalable, technology start-ups (both enterprise and consumer) and to recreate in India the successful model of the Digital Media Zone (DMZ).

“At the BSE Institute, we are happy to participate in the startup India initiative through this venture. This is a true nation building activity, since in addition to providing a platform for budding startups, we also contribute to job creation through the hundreds of jobs and internships at the startups that we are mentoring in our accelerator, ” Ambarish Datta, managing director and CEO, BSE Institute said.

This momentous occasion also marked the completion of 2 years of successfully mentoring over 66 successful startups in India.

Tags: Startups
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