Wednesday, December 1

Support for Bengal start-ups

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The Bengal Chamber has joined hands with Webel and Bandhan Bank to set up an incubation centre for start-ups in the state.

The chamber on Thursday signed an MoU with the Infinity group to provide infrastructure support to the successfully incubated firms. It is planning to link the start-ups to Japanese firms.

“The new innovation centre is housed in Webel. We are initially looking at about 20 startups to be incubated. These are across various sectors like manufacturing, healthcare, consumer products and financial services.

“Depending upon the startup idea, we are looking at a minimum six months to a year kind of incubation period,” said Arnab Basu, chairperson, IT committee, The Bengal Chamber.

“The graduating startups will have to carry forward and the memorandum with Infinity group will help them leverage available infrastructure. The objective is to encourage entreprenuership,” said Indrajit Sen, president, The Bengal Chamber..

Source: Telegraph India

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