CICU president Upkar Singh Ahuja (centre) along with other dignitaries during the launch of Xcelerator programme.(HT photo)
CICU president Upkar Singh Ahuja (centre) along with other dignitaries during the launch of Xcelerator programme.(HT photo)

27 entrepreneurs from Ludhiana selected for Xcelerator programme

The Global Alliance for Mass Entrepreneurship in partnership with the government’s department of industries and commerce and CICU commenced the Xcelerator Ludhiana programme.
By HT Correspondent | Hindustan Times, Ludhiana, Ludhiana
UPDATED ON JAN 05, 2021 10:39 PM IST

With an aim to support small and medium entrepreneurs in improving their productivity, efficiency, and profitability and scale their businesses faster, 27 entrepreneurs from the district have been selected under the Xcelerator programme launched by Punjab finance minister Manpreet Singh Badal and chief secretary Vini Mahajan through video conferencing during an event organised at Chamber of Industrial and Commercial Undertakings (CICU) complex in Focal Point area on Tuesday.

The Global Alliance for Mass Entrepreneurship (GAME) in partnership with the government’s department of industries and commerce and CICU commenced the Xcelerator Ludhiana programme, which is a six-month business accelerator programme to support 27 promising mass entrepreneurs in the Rs 2 crores to 50 crores annual revenue category, which were selected out of over 450 applications received under the programme.

“Ludhiana has been chosen as the first location for this programme because of the entrepreneurial energy which exists and the potential to create a model that can be replicated across Punjab and the rest of the country. The high caliber of the entrepreneurs chosen to be part of Xcelerator Ludhiana and their success we hope will inspire a thriving entrepreneurial environment,” said Ravi Venkatesan, founder, GAME and former chairman of Microsoft India and Bank of Baroda.

Venkatesan said that the Xcelerator programme has been inspired by the ‘Scale Up’, by CEO of entrepreneurship policy advisory and former professor at Harvard Business School Daniel Isenberg, which has been implemented in other developing and developed countries such as Colombia, Brazil and the USA.

“The entrepreneurial spirit of Punjab is well known and, in the last few years, we have made consistent strides towards a more business-friendly environment in the state,” said Manpreet Singh Badal.

Vini Mahajan said, “This programme is an important step towards amplifying the entrepreneurial dynamism and enabling a conducive entrepreneurship ecosystem for the growth of Micro, Small, and Medium Enterprises (MSMEs) in Punjab.”

SHARE THIS ARTICLE ON
Close
 (BACHCHAN KUMAR/HT PHOTO)
(BACHCHAN KUMAR/HT PHOTO)

Maharashtra sees 10K new Covid cases for the first time in 2021

By Naresh Kamath, Mumbai
PUBLISHED ON MAR 06, 2021 01:21 AM IST
Maharashtra on Friday saw 10,216 new Covid cases in a day, crossing the 10,000-mark for the first time this year
Close
Coastal wetlands in Maharashtra are important habitats for water-birds migrating along the Central Asian Flyway. (HT FILE)
Coastal wetlands in Maharashtra are important habitats for water-birds migrating along the Central Asian Flyway. (HT FILE)

‘70 species of waterfowl found at 99 sites along Maharashtra coast’

By Prayag Arora-Desai, Mumbai
PUBLISHED ON MAR 06, 2021 01:14 AM IST
A two-year study by researchers at the Bombay Natural History Society (BNHS) wit the state angrove cell has recorded a total 70 species of waterfowl, including nine threatened species, at 99 monitoring sites, spread over Maharashtra’s 702-kilometre coastline.
Close
Raghav Kumar Jha has a brilliant smile, in fact, that glows about his entire face like a luminous halo.(Mayank Austen Soofi)
Raghav Kumar Jha has a brilliant smile, in fact, that glows about his entire face like a luminous halo.(Mayank Austen Soofi)

Delhiwale: The soul of the burger

By Mayank Austen Soofi, Hindustan Times, New Delhi
PUBLISHED ON MAR 06, 2021 01:11 AM IST
  • This evening he is stationed beside a zebra crossing in Connaught Place, standing amid a continuous motion of shoppers going about in all directions.
Close
For representational purposes only. (HT FILE)
For representational purposes only. (HT FILE)

Mumbai: Bank staff dupes 73-year-old, flees with 1.3 crore

By Megha Sood, Mumbai
PUBLISHED ON MAR 06, 2021 01:07 AM IST
Andheri police launched a manhunt for a female employee of a private bank for allegedly cheating a 73-year-old man to the tune of 1.3 crore by befriending him after she realised that he had substantial amount invested in fixed deposits with her bank.
Close
On Wednesday, SpiceJet announced its tie-up with WheelTug which will provide the electric taxiing system. (HT FILE)
On Wednesday, SpiceJet announced its tie-up with WheelTug which will provide the electric taxiing system. (HT FILE)

After IndiGo, SpiceJet opts for electric taxiing to save fuel

By Neha LM Tripathi, Mumbai
PUBLISHED ON MAR 06, 2021 01:05 AM IST
Experts say the electric taxiing system helps reduce emissions, save fuel and improve efficiency of ground operations.
Close
Sharjeel Usmani at Elgar Parishad in Pune on Saturday (January 30). (HT FILE)
Sharjeel Usmani at Elgar Parishad in Pune on Saturday (January 30). (HT FILE)

Elgar Parishad 2021: Sharjeel Usmani moves Bombay HC to quash FIR

By KAY Dodhiya, Mumbai
PUBLISHED ON MAR 06, 2021 01:02 AM IST
In his petition Usmani claimed the FIR was a political gimmick by advocate Pradeep Gawade, regional secretary of the Bharatiya Janata Yuva Morcha (BJYM), youth wing of the Bharatiya Janata Party (BJP).
Close
Shiv Sena Rajya Sabha MP Sanjay Raut. (HT FILE)
Shiv Sena Rajya Sabha MP Sanjay Raut. (HT FILE)

Maharashtra: Sanjay Raut refutes allegations by Kalina woman

By KAY Dodhiya, Mumbai
PUBLISHED ON MAR 06, 2021 12:59 AM IST
Shiv Sena MP Sanjay Raut on Friday refuted the allegations of stalking and harassment made against him by a Kalina-based psychologist and informed the Bombay high court (HC) that the petitioner was like a daughter to him.
Close
Amarinder announces enforcement directorate to check illegal mining
Amarinder announces enforcement directorate to check illegal mining

Amarinder announces enforcement directorate to check illegal mining

PUBLISHED ON MAR 06, 2021 12:57 AM IST
Chief minister Captain Amarinder Singh on Friday announced the constitution of an enforcement directorate, mining, under the command of a senior police officer with adequate police force at his command to take action against illegal mining
Close
Green initiative: Abohar MC to ban plastic-bottled beverages
Green initiative: Abohar MC to ban plastic-bottled beverages

Green initiative: Abohar MC to ban plastic-bottled beverages

By Vishal Joshi
PUBLISHED ON MAR 06, 2021 12:54 AM IST
Abohar became Punjab’s first local body that framed a bylaw in October last year to charge compensation for segregation and disposal of plastic waste
Close
A health worker collects swab sample of a passenger at Chhatrapati Shivaji Maharaj International Airport, Mumbai. (HT FILE)
A health worker collects swab sample of a passenger at Chhatrapati Shivaji Maharaj International Airport, Mumbai. (HT FILE)

From September 2020 to February 2021, 1,480 tested positive for Covid-19 at Mumbai airport

By HT Correspondent, Mumbai
PUBLISHED ON MAR 06, 2021 12:53 AM IST
In February, CSMIA registered over 80,923 tests in February. Altogether, in six months, over 2,20,000 tests have been conducted at the city airport.
Close
The ruling AIADMK and the BJP on Friday night signed the poll pact agreement.
The ruling AIADMK and the BJP on Friday night signed the poll pact agreement.

In poll-pact agreement, AIADMK allots 20 assembly seats to BJP

By Divya Chandrababu, Chennai
UPDATED ON MAR 06, 2021 12:52 AM IST
  • The AIADMK has already allotted 23 seats to the Pattali Makkal Katchi (PMK) and talks with other parties in the alliance are underway.
Close
HT Image
HT Image

Amritsar double suicide: Dismissed woman SI issuing threats from jail: Victims’ kin

By Anil Sharma
PUBLISHED ON MAR 06, 2021 12:48 AM IST
The family of a couple, who committed suicide following alleged harassment by a woman sub-inspector (SI) of Punjab Police (now dismissed), have alleged that they were being threatened to withdraw the case
Close
Maharashtra Navnirman Sena (MNS) chief Raj Thackeray. (HT FILE)
Maharashtra Navnirman Sena (MNS) chief Raj Thackeray. (HT FILE)

Raj Thackeray travels without mask to Nashik amid Covid-19 surge

By Naresh Kamath, Mumbai
PUBLISHED ON MAR 06, 2021 12:48 AM IST
Maharashtra Navnirman Sena (MNS) chief Raj Thackeray travelled without wearing a mask and even asked former Nashik mayor Ashok Murtadak to remove his mask when he came to greet him.
Close
A health worker collects swab sample of a resident. (HT FILE)
A health worker collects swab sample of a resident. (HT FILE)

Mumbai civic body shuts restaurant after 10 of 35 staff test positive for Covid-19

By HT Correspondent, Mumbai
UPDATED ON MAR 06, 2021 12:45 AM IST
The infected 10 staff members were shifted to Bandra-Kurla Complex (BKC) jumbo facility and high-risk contacts of the positive patients were traced and quarantined in an slum rehabilitation authority (SRA) building in Jogeshwari.
Close
Senior citizens queue up to get vaccinated at Rajawadi Hospital in Mumbai on Friday. (Pratik Chorge/HT Photo)
Senior citizens queue up to get vaccinated at Rajawadi Hospital in Mumbai on Friday. (Pratik Chorge/HT Photo)

Phase 3 of vaccination: Mumbai crosses 50,000-mark in 5 days

By Mehul R Thakkar, Mumbai
PUBLISHED ON MAR 06, 2021 12:41 AM IST
22,158 citizens got the vaccine on Friday, taking count to 58,104 citizens — 52,777 aged above 60 years and 5,327 aged 45 years and above.
Close
SHARE
Story Saved
OPEN APP