In the 1990s, Israel faced a serious challenge. An influx of over a million ex-Soviet Jewish immigrants needed to be provided for, in rough economic times. The government of Israel launched the Technology Business Incubator Program. The goal was to arm the immigrants (who were mostly educated) wi…
Opinion
Govt subsidy to SMEs for deploying cloud solutions will build competitiveness
ICT has a big role to play in driving innovation and enhancing efficiency of SMEs. Most SMEs operate in an extremely competitive business environment, and hence it is imperative that they optimise business practices. This effort has to be significantly supported by ICT. However, SME’s face a numb…
How MSMEs can access credit in semi urban & rural market without formal documentation?
Opinion piece by Mohit Sahney, Managing Director & CEO, Finova Capital, exclusively for SMEpost.com The prosperous startup landscape of India is a goofproof element in the development of the nation’s economy. As per a recent report released by the Government – ‘Economic Survey 2015-2016’, the…
Indian start-up economy has the potential to become one of the biggest tech markets in the world
India has the potential and infrastructure to become one of the biggest tech markets in the world! With +4.500 tech startups, India is the third-largest tech startup hub in the world already. In our view the increase of quality startups and initiatives by the Indian government indicates that the …
Creating value: Why a start-up needs to sell more than just a product or service
The golden era of the startup ecosystem in India seems to have hit a rough patch with a lot of shutdowns, mergers, and acquisitions before stepping into 2017. Investments have slowed down by almost 24 per cent quarter-on-quarter, as investors are carefully scrutinising business economics, due d…
Bamboo has immense potential to drive for Socio Economic Development
From a ‘poor man’s timber’ to ‘green gold’, bamboo is fast emerging as the super material of the 21st century. Bamboo is one of the fastest growing and highest yielding renewable natural resource making it a good substitute to wood in mitigating pressure on natural forests. Bamboo is a family of …
Startup India: Decoding government’s Fund-of-Funds for start-ups
The single biggest challenge that startups in India face is the lack of funding, both debt and equity. Over the last few years, angel investors have emerged as welcome entrants but there are too few of them. Indian Angel Network, the largest with 450 odd members, invests barely Rs 100 crore in so…
Indian start-ups should focus on sustainability, stop chasing Unicorn tag
The next company that is being greenlighted to enter the prestigious Unicorn club of startups is Oyo Rooms, a SoftBank-backed budget hotel aggregator. Founded by 21-year-old Ritesh Agarwal in 2015, the company is reportedly in talks with the Japanese SoftBank to raise about US $300-500 million. I…
SMBs & start-ups would be responsible for much larger share of “corporate functions”
The 20th century was the era of the large corporations. It can be argued that the growth of the market economies of the West, and in recent decades the Asian Tigers and China, was closely correlated with, if not driven by, the growth of their business houses. Conglomerates such as General Electri…
Three strategies that any small business can use to innovate
Innovation is the bedrock of all businesses. As is rightly said, if a business does not innovate, it will evaporate over a period of time. A company focused on innovation just does not launch better products, but also makes operations better, enhances employee productivity, involves employees in …