Start-up Mission  Jammu  & Kashmir

Start-up Mission Jammu & Kashmir

Posted by Vivek Nama on March 14th 2017

The Start-up mandate set by Prime Minister Narendra Modi last year has seen a significant growth of entrepreneurship across India. The crown state of Jammu and Kashmir which is known for its scenic beauty and snow capped Himalayan ranges has also taken its steps into the Start-up world. Many start-ups have come out and in-spite of the not so favourable political conditions, people have withstood the challenges that the political, social, economic and geographic conditions on them & have emerged stronger & resilient.
 
ThinkPod co-working facility inaugurated
 
The latest news is that ThinkPod, a co-working facility, for providing a platform to Kashmir-based start-ups and entrepreneurs was inaugurated in the city. Speaking at the event, ThinkPod owner Tabish Habib said the 2000 square feet co-working facility at Gogji Bagh in Srinagar plans to provide a conducive work environment for start-ups and entrepreneurs with business ideas as they will get a “ready to check in office facility”. “In addition to other facilities such as luxurious seating, storage facility, 24/7 electricity, high speed internet, meeting room facility and basic pantry services will be a part of ThinkPod,” he said.
 
In order to provide mentorship to entrepreneurs and start-ups, ThinkPod has also roped in a team of experts from finance, marketing, product development, business strategy, legal aspects for providing mentorship support to the businesses incubating at ThinkPod. Besides Tax attorneys, Chartered accountants and domain experts, ThinkPod has roped in The Silk Route Consulting Group for business advisory services.
 
CII to launch Angel Network for JK start-ups
 
Apart from the in order to provide mentorship, investment and an enabling eco-system to start-ups in Jammu Kashmir, the Confederation of Indian Industries (CII) is going to launch an Angel Network today in Jammu.
 
The CII J&K Angel Network aspires to be the single largest platform in Jammu Kashmir and the only preferred choice for aspiring entrepreneurs to meet and network with the group of business leaders, who can fund, nurture, mentor and help them build a stronger business plan.
 
The network will be first of its kind development campaign for the upcoming start-ups of JK. It will involve start-ups, corporations, investors, business incubators, accelerators and policy makers. They will consolidate and expand the start-up culture and interaction, thereby improving the ecosystem for start-ups.
 
The CII J&K Angel Network will work as a community of successful entrepreneurs turned to Angel Investors who are committed to invest into promising business ideas and support them through regular hand-holding and mentorship, it said.
 
JK has 70 percent of its total population under 35 years, which means the potential of generating innovative business ideas is tremendous. Due to lack of government jobs and extremely competitive private sector, youth move towards entrepreneurship and seek mentorship, operational support, funding support and guidance from the established business houses. In order to make JK the part of this growth story, CII J&K Angel Network proposes to form a group of business leaders who carry a great sense of responsibility for giving it back to the entrepreneurial eco-system, who will not only provide a platform to these ideas, but will provide time to time mentorship and guidance in establishing and further sustaining their business.
 
With Indian start-up eco-system on an all-time rise, this support can go a long way in boosting the start-up scenario in the state of Jammu Kashmir.

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