ENA Features 2022-03-03 11:32:48 <p><strong>New Delhi, Mar 3 (KNN)</strong> The Startup Board (TSB) is a digital platform for entrepreneurs and has set a target to support about 5000 startups in a year for the next five years by connecting them with mentors and investors seamlessly.</p> <p>Co-founded in 2017 by Ashish Jain CEO and Dr Usha Jain COO, TSB is described by its founders as a type of LinkedIn for entrepreneurs wherein the platform is linked to entrepreneurial ecosystem.</p> <p>It believes in digital first and creating tools and templates that can be used inexpensively online by any startup founder.</p> <p>In order to address locational disadvantages experienced by startup founders in tier 2-3 cities, the digital tools at TSB are available anytime, everywhere, irrespective of the location.</p> <p>Speaking with KNN India, Ashish Jain Co-Founder &amp; CEO, at TSB said, We would do two things to grow our presence one, accelerate the failure or growth of a venture (i.e. fail fast or succeed fast) and secondly, create technology tools and templates for universal usage by founders to get guidance on their venture.</p> <p>This second self-assessment will also kick-in investment opportunities for the deserving and capable ventures, he added.</p> <p>Jains professional background is highly influenced by the entrepreneurial ecosystem and has worked as an entrepreneur for a decade, managed senior positions in MNCs and worked closely with startups across India and Europe.</p> <p>Explaining about its crowd souring of solutions, he explained that if a founder is looking for an answer to a challenge, post it on TSB and other founders, mentors or investors can provide the solution.</p> <p>A BizScore is generated which helps ventures to know their strength and weaknesses, that way there is a path to success that founders can sense through periodic assessments, he added.</p> <p>At TSB, investors can also filter ready starups from others to pick for their investments.</p> <p>In view of government initiatives, Jain said that the government is rightfully doing few things such as creation of a framework for Identity (Aadhaar), Payments (UPI) and Data protection (DEPA).</p> <p>The Open Credit Enablement Network (OCEN) is being worked upon for participants in the credit ecosystem can seamlessly connect with one another without needing to build bespoke technology.</p> <p>He opined that government is conscious of red-tapism in the income tax department, non-voting rights shares to keep the control with founders and marketing support challenges for Indian Start-ups to scale outside India and they will soon bring in some interventions. <em><strong>(KNN/KT)</strong></em></p> 28533 https://knnindia.co.in/news/newsdetails/features/the-startup-board-plans-to-help-5000-startups-annually-for-5-years 2022-03-03 11:32:48 knnindia.co.in