08 November 2016 Current Affairs: The Confederation of Indian Industry (CII) has launched ‘Startup Mentorship Circle’, a unique platform to help in connecting start-ups with the global marketplace.
The platform was launched in view of Union Government’s vision of nurturing entrepreneurship under the Startup India Initiative.
Under this Platform Large corporate houses are planning to mentor about 100 start-ups over the next two years. Initially it will focus on start-ups in the Western part of the country and will be soon scaled to other parts.
It seeks to provide platform to create strong eco-system to nurture innovation and startups to drive sustainable economic growth and generate large scale employment opportunities.
Confederation of Indian Industry (CII) : CII is an association of Indian businesses which works to create an environment conducive to the growth of industry in India. The headquarters of CII is located at New Delhi.
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