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28 Mar 2024, Edition - 3180, Thursday

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Coimbatore

Giving wings to their start-ups

Covai Post Network

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The Startup Summit of Coimbatore Chapter of Young Indians (Yi) will help students and start-ups to find the right opportunity to identify the right people to fuel their business idea. The grand finale of the summit to be held on Saturday, promises to equip them with the needed funding through these people.

In July this year, Yi partnered with Native Angels Network (NAN). This is a forum for investors who would be interested in investing funds in innovative ventures rising from their own native regions. With the objective to identify innovative start-ups, mentor them and get them funding opportunities under two categories- students and main stream start-ups, applications were invited by Yi.

A release from Yi stated that around 200 applications were received in both categories. The registered entries then went through a process of screening and boot camp. The selected entries were then mentored by Yi Members for a month.

The grand finale scheduled to be organized tomorrow will witness the selected entries present their business ideas before potential investors and the best and innovative business idea will also get an opportunity to get funded by an investor who is impressed by the business idea or innovation.

Swaminathan K., Founder and CEO, Aspire Edu-Ventures and Jayanthra Jayachandran, Past Chair, Yi Coimbatore Chapter, and CEO and Director, Angler Technologies India Pvt Ltd., will be special invitees for the grand finale of The Startup Summit.

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