The warehouse which is spread across 8000 sq.ft can house upto 50 start-ups allowing them to learn, work, and accelerate their companies. The entrepreneurs will have a list of benefits which could help polish their entrepreneurial skills as well as polish their marketing ability including; Connect sessions, early stage mentoring, access to resources from Google, Amazon, Microsoft, IBM cloud, Kotak etc.
In an effort to support the young entrepreneurs, National Association of Software & Services (NASSCOM) has inaugurated of its first warehouse in Chennai . The MoU signing took place between Department of Information Technology, State of Tamil Nadu, acting through the Electronics Corporation of Tamilnadu and NASSCOM in presence of Chief Minister of Tamil Nadu Smt J. Jayalalitha over video conferencing.
The warehouse which is spread across 8000 sq.ft can house upto 50 start-ups allowing them to learn, work, and accelerate their companies. The entrepreneurs will have a list of benefits which could help polish their entrepreneurial skills as well as polish their marketing ability including; Connect sessions, early stage mentoring, access to resources from Google, Amazon, Microsoft, IBM cloud, Kotak etc. The selection would be finalized by a selection committee comprising of stakeholders from the government as well as the industry, viz. Government of Tamil Nadu and NASSCOM.
Chennai is known to be quite popular for its automobile and IT industry. One of the fastest growing cities in the world, Chennai is home to more than 20 Indian companies that have a net worth of more than USD 1 billion. It is often seen as the secondary financial hub following Mumbai. The city is emerging as the SaaS Hub as it has a large base of B2B SaaS product companies triggered by the success of few startups supported by right set of domain talent.
“The city is emerging as an important location for the start-up ecosystem and we hope that this initiative will bring a new dynamism to its entrepreneurs,” said J. Jayalalitha .
Startup Warehouse is a premium co-working space introduced by 10000 Start-ups in August 2013. It incubates startups from a diverse range of verticals. The space is the ultimate place for entrepreneurs to learn, work, and accelerate their companies. At the warehouse, you get a number of facilities, including a 10 Mbps broadband leased line, quality infrastructure with AC, chair, tables, tea/coffee, logistics etc. The co-working space allows early-stage technology start-ups to work for 6-12 months during which start-ups will get showcased at select NASSCOM events and other events of partner organizations.