The Indian Institute of Management, Kozhikode, (IIM-K) and Mangalore Refineries and Petrochemicals Limited (MRPL) will jointly launch a scheme to support women entrepreneurs in the country.
Labelled as La Eve (The Woman), the programme aims at promoting innovative start-ups founded by women. The initiative will be steered by the IIM-K’s entrepreneurship development centre IIM-K LIVE with the support of the start-up fund of MRPL. Following an MoU last year, MPRL was giving seed funds to incubate 11 start-ups at IIM-K LIVE.
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Under La Eve, women entrepreneurs will be given access to IIM-K’s intellectual network and infrastructural resources. MRPL will provide them with seed fund assistance from the start-up India Program. Selected start-ups will get funds up to ₹25 lakh, besides task-based mentoring, co-working space, subsidised training and several other facilities on the IIM-K campus.
Source: The Hindu
