What is MAARG Platform?

What is MAARG PLATFORM?

• It is the National Mentorship Platform by Start-up India to help and guide new start-ups to grow and flourish. 
• It is a one-stop platform to facilitate mentorship for start-ups across diverse sectors, functions, stages, geographies, and backgrounds. 
• Nodal Ministry: Launched by the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry. 

What are the objectives? 

• To provide sector-focused guidance, handholding, and support to start-ups 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 start-ups and build an outcome-oriented mechanism that allows timely tracking of mentor-mentee engagements. 

Implementation of MAARG Initiative: 

• Phase I: Mentor Onboarding 
• Successfully launched and executed, 400+ expert mentors are on board across sectors.
• Phase II: Startup Onboarding 
• DPIIT launched the onboarding of startups on the MAARG Portal with effect from 14th November 2022 
• Phase III: MAARG Portal Launch and Mentor Matchmaking. 
• Final launch where the mentors will be matched to the startups DPIIT has initiated the onboarding process of startups under Phase II.

 

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Q1) What is Startup India Seed Fund Scheme?

It is a seed fund scheme under which financial assistance to startups for proof of concept, prototype development, product trials, market entry, and commercialization will be given.

Source:Piyush Goyal to launch MAARG portal for startup mentorship