
StartupTN
May 16, 2025 at 05:44 AM
StartupTN Signs MoU with HCL Foundation to Support 300 Budding Entrepreneurs
StartupTN is happy to announce the signing of a Memorandum of Understanding (MoU) with HCL Foundation to empower 100 budding entrepreneurs each year for the next three years under the HCL Uday initiative.
The MoU was formally exchanged at the StartupTN Office in Nandanam, Chennai, between Thiru. Sivarajah Ramanathan, Mission Director & CEO, StartupTN, and Dr. Nidhi Pundhir, Director, HCL Foundation.
Key Highlights of the Partnership:
Support for 300 startups over three years
Focus on inclusivity: 50% women and 50% from underprivileged youth
₹10,000 financial assistance per startup for legal registration through the Start Step initiative
Comprehensive mentoring and training support through an empanelled implementation partner
Collaborative facilitation by StartupTN in alignment with Tamil Nadu's startup policies
Eligible ideas to be recommended for pre-seed funding through StartupTN

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