info@afternoonnews.in +91 98940 - 95096

Today Date : Saturday, June 25, 2022

VMentor.ai, Wadhwani Foundation to set up MSME incubator

VMentor.ai, Wadhwani Foundation to set up MSME incubator

MSMEs (micro, small and medium enterprises) in India are set to get a fillip as VMentor.ai and Wadhwani Foundation collaborate for strategic collaboration. The not-for-profit Wadhwani Foundation, through its initiativeWadhwani Advantage (WA), is known for empowering SMEs to get on anaccelerated growth track, through its global funding, world-class frameworks and consulting tools and trainings, VMentor.ai helps MSMEs deliver 10X business growth with its world-class, tech-enabled, human-intervened mentoring platform.According to an official communication, the MSME-accelerator alliance will offer specialised and subsidised mentoring by industry veterans to eligible MSMEs, with a revenue turnover between Rs 5 crore and Rs 100 crore, unlocking their potential for growth quicker and with a more strategic outlook than what the MSMEs’ own capacities would have allowed. The combined frameworks and tools of the two mentor organisations would allow a Do-It-Yourself (DIY), a high-impact delivery model for smaller companies and an adviser-led consulting and project management delivery model for larger companies.