On the occasion of National Start-up Day, World Trade Center Mumbai (WTC Mumbai) signed a Memorandum of Understanding (MoU) with the Sardar Patel Technology Business Incubator (SPTBI) to promote global competitiveness of start-ups, MSME units and women entrepreneurs in the country.

Hon’ble Prime Minister Shri Narendra Modi declared in 2021 that January 16 would be observed as National Startup Day to celebrate the Indian startup ecosystem. The year 2023 marks six years of the launch of Government of India’s flagship Startup India Mission and now the government positions ‘Startup India’ as a symbol of Self Reliance and Self Confidence.

WTC Mumbai will leverage its unparallel network of nearly 319 World Trade Centers across 92 countries or regions and its strong ties with diplomatic missions of foreign countries in India to facilitate exchange of business proposals related to trade, investment and technology transfers. Start-ups incubated at the Sardar Patel Technology Business Incubator stand to benefit from more than 60 trade programmes, new age digital exhibition platform wetrade.org and the newly established Center of Excellence at WTC Mumbai.

WTC Mumbai’s flagship programs such as World Trade Week, Global Economic Summit and its real estate facilitates at the premium business center of Mumbai will help start-ups develop new business contacts and gain visibility in the global market.

Speaking on this occasion, Ms. Rupa Naik, Executive Director, WTC Mumbai remarked, “This MoU has set the framework for developing a globally competitive ecosystem for start-ups, MSMEs and women entrepreneurs by drawing upon the strengths of both the organizations.”

In his remarks, Prof. Dr. B. N. Chaudhari, Chairperson, Sardar Patel-Technology Business Incubator Bhavan’s Campus pointed out, “In this age of rapid transformation in technology and market dynamics, both the organizations will help start-ups and MSMEs stay relevant by enabling high-powered business networking through trade missions, delegations, international fairs, exhibitions and other trade events.”

In Photo: Ms. Rupa Naik, Executive Director, WTC Mumbai exchanging MoU with Prof. Dr. B. N. Chaudhari, Chairperson, Sardar Patel-Technology Business Incubator Bhavan’s Campus. Also seen in the photograph is Mr. KTV Talele, Head, Sardar Patel-Technology Business Incubator (SP-TBI)