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BSE Institute Ltd, a subsidiary of BSE Ltd has launched a tech-based accelerator for startups in Mumbai, in collaboration with Ryerson Futures Inc (Toronto) the technical arm of Ryerson University, Canada.
The accelerator will focus on scalable, technology startups. It will aim to recreate Digital Media Zone (DMZ) – Ryerson’s flagship program in Toronto.
The accelerator is set up under the National Science & Technology Entrepreneurship Development Board (NSTEDB) and Department of Science & Technology, Government of India to boost technical advancement.
Ambarish Datta, Managing Director and CEO, BSE Institute said “At the BSE Institute, we are happy to participate in the startup India initiative through this venture. This is a true nation building activity, since in addition to providing a platform for budding startups, we also contribute to job creation through the hundreds of jobs and internships at the startups that we are mentoring in our accelerator. ”
Other guests present at the occasion included the ministerial delegation from Canada, including Kathleen Wynne, Michael Chan (Minister of Citizenship, Inmmigration and International Trade) Brad Duguid (Minister of Economic Development, Employment and Infrastructure) and Dipika Damerla (Associate Minister of Health and Long-Term Care).
The initiative is in line with the Startup India mission of Prime Minister Narendra Modi. The startup zone will also be an innovation hub to find technology based solutions to address business challenges.
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The post BSE Institute Laaunches New Startup Accelerator appeared first on Inc42 Magazine.
