From left: Meenakshi Lekhi, Som Singh and Tejasvi Surya at the CEE fundraiser in Bangalore, July 25 2014
Govt to fuel SMEs with Rs 100 billion corpus
Bangalore, July 26, 2014: "The new Indian government plans to allocate a Rs. 100 billion (10,000 crore ) funds for start-up and SMEs in India", said Bharatiya Janata Party spokesperson, Meenakshi Lekhi, " The Indian start-up scenario is moving towards a very bright future and in the coming years, the start-ups will decide the economic destiny of the nation."
She was speaking at a fundraiser organised by the Bangalore based Centre for Entrepreneurial Excellence (CEE) yesterday.
Dr. Som Singh, Founder, Unspun Consulting Group and official mentor at Nasscom 10K start-ups said, “At CEE, we always strive to bridge the gap between the policy makers and the entrepreneurs. The funds raised at the event will be used to develop the technology platform to educate the entrepreneurs and help them communicate their ideas with the policy makers, internal practices of providing mentoring to the entrepreneurs under expert guidance that the entrepreneurs can leverage upon.”
She added that, the funds will be utilized in arranging workshops, webinars, online workshops, etc. for entrepreneurs to educate them on the Government policies that they can benefit from. Tejasvi Surya, Founder, Arise India said, “, CEE’s endeavour to provide a platform to the entrepreneurs to voice their opinion is truly making a difference in their lives. The fund raised today will be used in building the technology platform to educate the entrepreneurs and help them communicate their ideas with the policy makers.”