Caspian Debt, Hyderabad-based multi-sector debt funding company, and Center for Innovation Incubation & Entrepreneurship (CIIE), the incubator of IIM-Ahmedabad have partnered to launch the Innocity Startup School.
With a 14-week, non-residential programme, the Innocity startup school, support and enhance the skills of startups in their early stages. It aims to help students and entrepreneurs that have limited access to entrepreneurship training and knowledge across various geographies and sectors.
The programme will commence in January 2021 while applications are open from November 18 to December 20.
Viswanatha Prasad, founder and MD, Caspian Debt said on the partnership, “As a scale up stage growth capital provider, Caspian Debt’s partnership with CIIE will meaningfully enhance our efforts towards helping first generation entrepreneurs really get a head start, sustain, and grow their businesses in a professional manner.”
Speaking on the developments, Chintan Bakshi, partner, Incubation, CIIE.CO said, “As part of CIIE.CO’s on-going programmes, we always take a deep dive with startups discussing some of the most crucial methodologies and practices such as lean startup model, prototyping, unit economics, etc. to ensure they start the right way and build a good foundation.”
Caspian invests equity and debt capital in socially responsible, multiple bottom line businesses delivering financial and social value. Caspian has set up four funds till date: Bellwether Microfinance Fund, India Financial Inclusion Fund, Caspian Impact Investments, Caspian SME Impact Fund.
-AK
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.