Instamojo, India’s largest DIY e-commerce website builder launched Northeast Launchpad, a first-of-its-kind initiative to identify and support the growth of budding entrepreneurs from India’s North East region. The online business planning event is aimed to give aspirants a real-world experience in order to fine-tune their business goals, along with mentoring sessions on raising funds, marketing, compliance and commercialization of products. The best business plan stands a chance to win a cash grant from Instamojo along with other benefits worth Rs.10-lakh and more. The winner will also be eligible for direct entry to the AIC-SMUTBI incubation program.
Instamojo is a Do-It-Yourself (DIY) SaaS platform for MSMEs in India. The company provides online storefronts and online payment solutions to small, independent enterprises, MSMEs, and startups to run a successful online business. The Northeast Launchpad will periodically host mentoring sessions for aspirants to further refine their business plans and business acumen. Experts in the field of compliance, marketing and business will conduct these sessions. The event has LegalWiz.in as the Compliance partner, Upgrowth and Deasra as the Marketing partners and AIC-SMUTBI as the Incubation partner.
Entrepreneurs can register online to participate in Northeast Launchpad. Registration for the Northeast Launchpad is now live, and closes on 5 August. The top 10 shortlisted entries will be announced on 10 August. The East Social Star will be announced on 15 August, followed by best business plan on 21 August.