Artha School of Entrepreneurship launches Maharashtra Startup Acceleration Program in partnership with Maharashtra State Innovation Society; Collaboration aims to foster mass entrepreneurship in the country

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Mumbai, October 06, 2023:  Artha School of Entrepreneurship, a non-profit organization, has formed a strategic alliance with the Maharashtra State Innovation Society to launch the Maharashtra Startup Acceleration Program. The collaboration has been undertaken to foster a culture of entrepreneurship in the state and accelerate the journeys of entrepreneurs in scaling their ventures, with a larger vision of contributing to the country’s economic and social prosperity.

Maharashtra State Innovation Society (MSInS) established under the Department of Skill Development and Entrepreneurship, Government of Maharashtra aims to cultivate innovative approaches and solutions that contribute towards minimizing economic divides in the state. Under its annual flagship program ‘Startup Week’, it has supported around 120 startups across sectors to date. In conjunction with this partnership,  Artha School of Entrepreneurship will host 4 days of intensive, practical, problem-solving sessions through workshops coached by founders and experts who have successfully scaled up businesses including the likes of T.N Hari (Co-Founder of Artha School of Entrepreneurship & an Angel Investor), Deeblena Majumdar (Author and Entrepreneur), Hari Saraf (Co-founder and CEO – Key Venture) & Sachin Oswal (Co-founder of Originity LLP & an Angel investor).

Talking about the partnership, Suruchi Maitra, Co-Founder of Artha School of Entrepreneurship, said, “Entrepreneurs and Innovators will be the drivers of India’s 2047 vision. At Artha, our core belief is that a wider economic and social impact can only be created by enabling and fostering mass entrepreneurship. Therefore, it is our constant endeavour to empower entrepreneurs across sectors and geographies with practical knowledge, mentorship, and support to build and scale their ventures. With the same fundamental principle in mind, we are undertaking this partnership with Maharashtra State Innovation Society. We are hopeful that this partnership will fast-track the nation’s growth by decentralizing resources and knowledge.”

Looking at the potential of the partnership, Dr. Ramaswami N (IAS), CEO of Maharashtra State Innovation Society, said, “Maharashtra has played a fundamental role in the startup ecosystem of the country. Maharashtra is among the top-performing states for startups and innovation. Startups in Maharashtra have shown consistent growth over the past few years. Along with Mumbai, cities like Pune, Nagpur, Nashik, and Aurangabad are emerging as hubs for entrepreneurs. We are ecstatic to undertake this partnership with the Artha School of Entrepreneurship to accelerate Maharashtra’s growth trajectory.”

This initiative will mentor 25 small and medium-sized enterprises across sectors like Education, Retail, Technology, Entertainment, and Robotics, amongst others to impart the practical knowledge and abilities needed to scale their ventures, sustainably. Both, the Artha School of Entrepreneurship and MSInS have a keen interest in the growth of Bharat entrepreneurs. They believe that entrepreneurship is sector, scale, and geography agnostic, and with the right guidance, every startup can flourish in its desired trajectory. This cohort will consist of 4 modules, namely, Organization & Culture, Founder Growth and Evolution, Funding and Capitalization, and Building a Sustainable Business.

Corporate Comm India (CCI Newswire)