The National Association of Software & Services (NASSCOM) has partnered with the Tamil Nadu Government to open a startup warehouse in Chennai, which will be its first in the state. The warehouse covers 8,000 sq. ft. of ground area, and can house up to 50 start-ups. At the warehouse, entrepreneurs will get to attend ‘connect sessions’ to hone their skills. Besides this, they will also get early stage mentoring and access to resources from Google, Amazon, Microsoft, IBM cloud, Kotak, etc. The startups would be finalised by a selection committee that comprises of stakeholders from the government and the industry.
Rajat Tandon, Vice President of NASSCOM 10000 Startups, said, “Over the years, Chennai has been home to a lot of promising startups. We have seen immense talent and enthusiasm here and wanted to further encourage and support the entrepreneurs through our 10k program. The warehouse will nurture nearly 200 entrepreneurs to foster innovation under one roof. A co-working space like this is necessary in order to boost the startup ecosphere of the city. NASSCOM would like to thank the state Government for their support in building a conducive environment for the startup founders.”
Startup Warehouse was introduced in August 2013 by 10000 Startups, and offers space for entrepreneurs to learn, work and accelerate their companies. Facilities offered at the warehouse include broadband connection and infrastructure. It allows for early-stage technology start-ups to work for six to twelve months, during which the startups will get showcased at select NASSCOM events and other events by partner organisations.