Innovher, Jaipur’s one-of-a-kind startup accelerator focused on fostering inclusivity in the entrepreneurial ecosystem, has signed a Memorandum of Understanding (MOU) with Rising Rajasthan as part of the upcoming Rising Rajasthan Global Investment Summit 2024. This collaboration aims to empower startups from Tier 2 and Tier 3 cities in Rajasthan by providing unparalleled support, resources, and networking opportunities.
Driving Growth & Empowerment in Regional Startups Innovher, led by dynamic women entrepreneurs passionate about creating change, is committed to enhancing the entrepreneurial landscape of Rajasthan. Under the leadership of Dr. Shweta Choudhary, Director of Innovher, the accelerator has pledged to support startups in smaller cities by collaborating on business opportunities and investments worth ₹15 crore over the next five months.
“This MOU with Rising Rajasthan marks a significant milestone for Innovher. Our mission is to extend resources, mentorship, and strategic guidance to startups in Tier 2 and Tier 3 cities, helping them achieve growth similar to what we see in established hubs like Bangalore and Mumbai,” said Dr. Choudhary.
Strategic Focus on Go-to-Market Strategies & Financial Advisory
The accelerator, with a robust network of advisors and partners from across the country, will focus on helping startups develop strong go-to-market strategies, navigate compliance requirements, and receive financial advisory support. The collaboration with Rising Rajasthan will create a synergistic ecosystem where local startups can thrive and attract investments.
Innovher’s support includes:
Seed funding of up to ₹5 lakhs for early-stage startups.
Mentorship programs to guide startups in critical areas like business planning, product
development, and scaling operations.
Access to networking platforms to connect with potential investors, industry experts, and peers.
Impact on the State’s Economic Landscape
The collaboration is aligned with the vision of the Rising Rajasthan Global Investment Summit, which aims to position Rajasthan as a top destination for investment and innovation. This partnership is expected to generate significant economic growth by enabling local entrepreneurs to leverage national and international business opportunities.