Recent in News:
The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has launched a call for startup applications for registration on the MAARG portal, the National Mentorship Platform by Startup India.
What is the purpose of MAARG Portal?
To further boost the Indian startup ecosystem, currently ranked 3rd largest globally, Startup India is focused on catalysing the startup culture and building a strong and inclusive ecosystem for innovation and entrepreneurship in India.
What is the full form of MAARG Portal?
MAARG portal – Mentorship, Advisory, Assistance, Resilience and Growth, is a one stop platform to facilitate mentorship for startups across diverse sectors, functions, stages, geographies, and backgrounds.
What are the objectives of MAARG Portal?
The objectives of the MAARG portal are –
•To provide guidance according to the sector of the startup, handholding, and support to startups throughout their lifecycle
•To establish a formalized and structured platform that facilitates intelligent matchmaking between the mentors and their respective mentees.
•To facilitate efficient and expert mentorship for startups and build an outcome-oriented mechanism that allows timely tracking of the mentor-mentee engagements
What are the functions of MAARG portal?
The core functions of the portal are as follows:
1. Matchmaking of relevant mentors and Startups
2. Tracker for mentorship interactions and progress
3. Video and audio calls
4. Mobile-friendly portal
5. Recognition for mentors
6. Hosting of customizable mentorship programs for ecosystem enablers
7. Feedback, query, and grievance mechanism for all users
What is date for onboarding of startups?
DPIIT is launching the onboarding of startups on the MAARG Portal with effect from 14th November 2022
Startup India
Startup India was launched by Honourable Prime Minister of India, Shri Narendra Modi on 16th January 2016.
Aimed to make India one of the largest and vigorous startup ecosystems, a 19-point Startup India Action Plan was launched in January 2016, which paved the way for a number of policy initiatives to build a strong, conducive, and growth-oriented environment for Indian startups. Five years since the launch of the initiative, India is witnessing a golden chapter in the history of Indian entrepreneurship.
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