11th to 21st January 2024 - Sh. Goyal calls for greater collaboration and mentoring through MAARG portal

Question 1

What is the MAARG portal?

Answer 1

The MAARG (Mentorship, Advisory, Assistance, Resilience and Growth) portal is a National Mentorship Platform launched under India’s Start-up India Mission.
It aims to connect startups with mentors across various sectors and stages of development for guidance and support.

Question 2

Who is eligible to apply for mentorship on the MAARG portal?

Answer 2

All startups recognized by the Department for Promotion of Industry and Internal Trade (DPIIT), regardless of their sector or stage in the lifecycle, can apply for mentorship year-round.

Question 3

List three key functions of the MAARG Program.

Answer 3

Utilizes an AI engine to find compatible matches between mentors and startups.
Tracks interactions between mentors and startups to assess program impact.
Provides a platform with video calls and communication tools for easy collaboration.

Question 4

Describe the focus of the first two mentorship sessions under the MAARG Mentorship Series.

Answer 4

Session 1: “From Idea to Execution - Building a Solid Business Plan”
Session 2: “Understanding Business Structures and Processes to Incorporate an Entity”

Question 5

Why did Sh. Goyal call for greater collaboration and mentoring through the MAARG portal? (This requires some inference)

Answer 5

Likely to help strengthen the Indian startup ecosystem.
Mentorship can provide crucial guidance to early-stage startups, increasing their chances of success.
Collaboration can foster knowledge-sharing and innovation within the startup community.