February 28, 2023: Small Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing and development of Micro, Small & Medium Enterprises (MSMEs) in India has signed a Memorandum of Understanding (MoU) with ShowReel for developing an online digital platform aimed at providing handholding support to aspiring innovators with practical-based hand holding demonstration and equity funding to channelise ideas offering solutions to multitude of problems.
The new virtual eco-system is completely digital and is designed to provide citizens of India with a platform to think, analyze and create enterprising ideas to solve real-world development problems. ShowReel and SIDBI intend to create this virtual incubator, to harness the intellectual capital, help and develop entrepreneurship.
The platform will be a one-stop-shop for ideators and innovators, providing access to training videos, market analysis, and mentorship, in addition to a virtual incubation program. The program will also offer practical solutions to real-world problems by providing video-based solutions that will help entrepreneurs in their respective fields.
The collaboration will enable ShowReel to leverage SIDBI's expertise in promoting and financing MSMEs and Start Ups, while ShowReel will provide the technological expertise to build and run the online video platform. The partnership aims to create a virtual ecosystem where aspiring entrepreneurs can connect with like-minded individuals, share ideas and receive support.
“This partnership will empower entrepreneurs across India, by providing them with the tools and resources needed to succeed in today's dynamic business environment,” said Mr. Sabeer Bhatia, President Showreel and Co-founder, Hotmail. “This partnership, going forward, shall democratize access to Micro-equity with necessary support structure for ideators attempting solutions to problems,” said Mr. S Ramann, Chairman, SIDBI.
Bengaluru, India – May 02, 2024 – Agora, Inc.
Gurugram, India – October 11, 2023: Samsung announced exciting offers
Bangalore, 10th October 2023: The Nokia G42 5G (16GB+256G
Bengaluru, October 10, 2023 IN-SPACe (Indian National Space Promotion and
India – April 30, 2024 – Solitario, the premier destination for luxury lab-grown diamo
Mumbai - National, 29th April 2024: Greenply Industries Limited, a pioneer in the interior infrastructu
Bengaluru, 29 April 2024: Zepp Health, a global provider of smart wearables and health technology, has announced the launch o
Kerala / 04-05-2024
Scientists need to check misuse of traditional knowledge: CSIR-NIIST workshop on IPRCorporate / 04-05-2024
CSIR-NIIST opens Innovation Centre for startups Facility to promote tech-driven entrepreneurshipElectronics / 04-05-2024
Samsung to Soon Unveil Galaxy F55 5G with Premium Vegan Leather Finish in IndiaCorporate / 04-05-2024
Manoj Bajpayee Joins the Nand Ghar MovementKerala / 04-05-2024
Kerala startup Alibi Global inks MoU with IIT Bombay Pact enables transfer of Spherical Robot tech for room interventionPelikken © Copyright 2022, All Rights Reserved
