Piyush Goyal launched MAARG portal for startup mentorship

Tags: Economy/Finance National News

Piyush Goyal launched MAARGCommerce and industry minister Piyush Goyal launched the MAARG platform (Mentorship, Advisory, Assistance, Resilience, and Growth) on 16 January.

An overview of the news

  • The portal would facilitate mentorship between startups and entrepreneurs across sectors, stages, and functions.

  • It will allow startups to connect with mentors and discuss their mentorship needs.

  • Startups can connect with academics, industry experts, successful founders, seasoned investors and others to receive personalised mentorship, clarity and practical advice on growth strategy.

Objectives of the MAARG Portal

  • To provide guidance and support to startups throughout their life cycle.

  • To establish a formal and structured platform that facilitates matchmaking between mentors and startups at large across diverse sectors.

  • Establishing a result-oriented mechanism that allows tracking of the progress of the mentor-startup engagement.

Key Functions of MAARG Portal

  • Tracking mentor and startup interactions to deliver impact.

  • Enabling video calls and communication through the platform.

  • Mobile friendly interface for ease of use.

  • Communicate recognition and benefits of mentor contributions.

  • Facilitate ecosystem supporters to host friendly events.

  • Providing feedback, query and complaint mechanism.

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