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CMIA’s Incubation Council partnering with Wadhwani Foundation to host Wadhwani Advantage Program to help SMEs grow

Updated: May 01, 2019 07:15:16am
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CMIA’s Incubation Council partnering with Wadhwani Foundation to host Wadhwani Advantage Program to help SMEs grow

New Delhi, May 1 (KNN) To accelerate the growth of Small and Medium Enterprises (SMEs), Marathwada Accelerator for Growth and Incubation Council (MAGIC) is partnering with Wadhwani Foundation for hosting Wadhwani Advantage Program.

Wadhwani Advantage Program is one of its kind initiatives taken to enable the growth of SMEs.

The objective of the program is to accelerate growth of small businesses with annual revenue of USD 1-50 Million (Rs 5Cr- 350 Cr+) and employees in the range 30 to 1000.

The twelve month long engagement with the SMEs is aimed to chart out a hyper-growth path of 2X to 10X revenue growth for small businesses.

The program has a stringent 30-day selection process followed by 1-12 months of deep engagement. It also offers up to three years of hand-holding support enabled through their Artificial Intelligence (AI)-enabled platform.

This is for the first time such unique Initiative in Marathwada Region being initiated by Chamber of Marathwada Industries and Agriculture (CMIA’s) MAGIC and Wadhwani Foundation for the benefit of SMEs who play major role in creating growth and employment opportunities in the Marathwada Region.

The program offers high-quality advisory, strategic and operational service pro bono and at a subsidized fee by mentor-advisor consultants or partners.

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