New Delhi, June 2019- Incuspaze, a chain of premium co- working spaces and Small Industries Development Bank of India (SIDBI) recently announced their collaboration for setting up a premium co-working space in Connaught Place, New Delhi. The objective of setting up this co-working space is to fulfil SIDBI’s vision to support entrepreneurship by providing Micro and Small Enterprises (MSEs) and startups a well-equipped and well-managed space to meet their hourly, daily, weekly or monthly office requirements.
The terms of the co-branding agreement would involve Incuspaze’s expert team to develop, maintain and operate a co-working space that would offer a subsidized office space to MSE’s and SIDBI would provide the overall support for these start-ups to grow wherever possible.
Commenting on the collaboration, Shri Mohammad Mustafa, IAS, Chairman and Managing Director SIDBI said, “In our journey to promote MSE’s and startups, we believe this collaboration would mark the next step in elevating and strengthening this ecosystem. Incuspaze has been receiving good response in the country because of the quality of services and amenities that it offers to its members and thus we decided to work with them. We strongly believe that through this project we would collectively be able to make a difference in the growth trajectory of MSE’s and support their vision.”
Commenting on the development, Sanjay Choudhary, Founder & CEO of Incuspaze said, “We are extremely excited about this partnership with SIDBI. The MSME sector makes a substantial contribution to the growth of the country and we believe that through this partnership we would be able to ease some of the pressure on them by providing them with a well-managed space and lot of multifold benefits focused towards startups. Keeping SIDBI’s ethos in mind, our aim is to facilitate a hassle-free Coworking environment for MSE’s where any small or medium business owner will get the opportunity to have their space to work, connect with network resources that would prove to be helpful in growing their business. The project is currently in its development stage and we are looking at inaugurating it in next two month.
This vibrant co-working space residing in the heart of Delhi would offer all the service partners, assistance from SIDBI for awareness about its initiative that would help start-ups gain multifold benefits like video conferencing facility to its MSE and start-up members. SIDBI would also be devising a suitable MSE Accelerator program which will fuel the growth of companies operating from this co-working space.
Manoj Gaur, President, CREDAI-NCR, & other developers express their demands in front of Greater Noida Authority
September 23, 2022: Greater Noida Authority held a meeting with members of CREDAI recently. It was attended by Manoj Gaur,...
Avendus Capital leases around 1 lac sqft office space at Platina, by The Wadhwa Gp
Mumbai, September 22, 2022: Avendus Capital Private Limited, has leased four floors covering a total of approx. 1,00,000 sqft of...
In H1’22 Mumbai witnesses highest value of registered properties in last 5 years
Mumbai/New Delhi, September 22, 2022: Heightened property buying activity in Mumbai municipal region after the Covid19 induced slowdown has taken the home sales...
Offers galore at Signature Global food mall
Ghaziabad: To set festivity mood of consumers, Signature Global Food Mall, located at Vaishali (Ghaziabad) is ready to witness a...
Malls & High Streets: Two to co-exist
Post-pandemic India has witnessed many shifts. But more than anything it had led to a debate, both on the immediate...
German beer festival at Bhartiya Mall
Bengaluru’s leading retail and entertainment destination, Bhartiya Mall of Bengaluru recently hosted the world’s most iconic German beer festival, Oktoberfest...
Developers Speak4 weeks ago
Why the Indian Brokerage Industry needs investment in training capabilities
Report4 weeks ago
Over 45 Data Centres spanning ~13 mn sq ft to boot up in India by 2025-end
News4 weeks ago
Two newly appointed Members of UP RERA to hear the cases from the regional office
New Launches4 weeks ago
Zolo’s luxury Co-living space, Zolo Triloha
Developers Speak2 weeks ago
Chandni Chowk at the Centrepiece in tune with the wave of Commercialisation
Developers Speak1 week ago
Festive season to spurt bookings: Experts
News3 weeks ago
Retail leasing up 166% Y-o-Y in H1 2022
News3 weeks ago
Property prices to rise 27-30% annually post MOPA Airport in North Goa: 360 Realtors