MoU will have a pre-incubation programme for 60 aspiring entrepreneurs from Telangana and Jammu and Kashmir (J&K) — 30 from each State
Telangana State-led incubator for women entrepreneurs, WE-Hub, on Friday signed a Memorandum of Understanding (MoU) with Jammu and Kashmir Entrepreneurship Development Institute (JKEDI).
The MoU will have a pre-incubation programme for 60 aspiring entrepreneurs from Telangana and Jammu and Kashmir (J&K) — 30 from each State.
The MoU was inked between IT and Industries Department Principal Secretary Jayesh Ranjan and J&K industries and Commerce Department Commissioner Secretary MK Dwivedi. The virtual launch was hosted in the presence of GM Dar, KAS, Director, JKEDI, and Deepthi Ravula, CEO, WE-Hub.
Ravula said, “Through the partnership we want to support aspiring entrepreneurs to move from idea to prototype, create market linkages for the startups, and to make best benefit of the startup exchange programmes.”
This effort will help create a startup exchange module between JKEDI and WE-Hub comprising of five startups each from the two States. It will take their startup ideas ahead, track their progress and link them with suitable mentors, help them taking beyond Proof of Concept (PoC) and enroll the best spin-offs as virtual/physical incubates at JKEDI.
After the pre-incubation programme and rigorous interventions, a total of 60 startups from Telangana and Jammu and Kashmir will undergo a co-incubation programme. This co-incubation brings in startups the opportunity to scale up to viable enterprises and receive rapid growth mentorship from the leaders at JKEDI and WE-Hub.