Angel Network, GIZ, SIDBI to help start-ups in social impact business

New Delhi, Jun 19 (KNN) Angel Network, India’s first and Asia’s largest network of angel investors investing in start-ups and early stage ventures,  has launched an incubation programme to empower entrepreneurs in building sustainable business in social impact space. The programme has been initiated in association with German development agency, GIZ and Small Industries Development Bank of India (SIDBI).

The incubation programme called iARISE “will help create and breed sustainable enterprises which will create positive impact on the lives of our citizens and also create wealth for promoters and the returns for the investors,” according to a joint statement from the partner organisations.

It said the incubation programme would bring money, mentors and market access to impact focused start-up companies. It would also provide “strategic thought leadership” to sustainable ventures. (KNN Bureau)