{"id":2478,"date":"2013-03-11T12:27:00","date_gmt":"2013-03-11T12:27:00","guid":{"rendered":"https:\/\/www.thirdeyesight.in\/?p=2478"},"modified":"2022-09-08T12:34:09","modified_gmt":"2022-09-08T12:34:09","slug":"ennovent-partners-with-giz-to-launch-startup-services-for-entrepreneurs-focused-on-low-income-markets","status":"publish","type":"post","link":"https:\/\/myechoproject.com\/TES\/ennovent-partners-with-giz-to-launch-startup-services-for-entrepreneurs-focused-on-low-income-markets\/","title":{"rendered":"Ennovent Partners with GIZ to Launch Startup Services for Entrepreneurs Focused on Low-Income Markets"},"content":{"rendered":"\n<p> <i><a href=\"http:\/\/social.yourstory.in\/2013\/03\/ennovent-partners-with-giz-to-launch-startup-services-for-social-enterprises\/\" target=\"_blank\" rel=\"noopener\">Yourstory.in<\/a><\/i><\/p>\n              <p>New Delhi, March 11, 2013<\/i><\/p>\n              <p><img decoding=\"async\" data-src=\"https:\/\/www.thirdeyesight.in\/wp-content\/uploads\/2022\/09\/entrepreneurs-and-mentors-in-conversation.jpg\" width=\"446\" height=\"305\" align=\"left\" vspace=\"5\" hspace=\"10\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" style=\"--smush-placeholder-width: 446px; --smush-placeholder-aspect-ratio: 446\/305;\">Ennovent, \n                a company that accelerates innovations for sustainability in low \n                income markets, is launching its new offering, Startup Services, \n                in partnership with Deutsche Gesellschaft f&uuml;r Internationale \n                Zusammenarbeit (GIZ). Startup Services is aimed at developing \n                and refining the business models of enterprises with products \n                and services that improve the lives of low-income people in India.<br><br>\n                Often, when entrepreneurs bring innovations such as solar lamps \n                or low-cost education to market, they face several barriers that \n                stem from a lack of peer and expert support networks, and a difficulty \n                in engaging with mentors and service providers. Ennovent&#8217;s \n                Startup Services aims to address these challenges in an affordable \n                and accessible manner.<\/p>\n              <p>Compared to a traditional brick and mortar incubator, Ennovent&#8217;s \n                Startup Services will offer a mix of virtual and on the ground \n                support through a diverse group of expert mentors, sessions and \n                workshops.<\/p>\n              <p>Ennovent&#8217;s Startup Services will initially be focused on \n                entrepreneurs in untapped smaller North Indian Tier 2 and Tier \n                3 cities, such as Jaipur, Kanpur and Chandigarh. In these smaller, \n                lower-income cities, such services are currently not available. \n                In turn, many high-potential enterprises end up developing models \n                that are not designed to be scaled effectively and thereby fail \n                to create a sustainable impact.<\/p>\n              <p>To provide support for early-stage entrepreneurs, Ennovent will \n                create local Hubs of enterprises in different cities, which will \n                collaborate via an online platform, the Ennovent Network, to share \n                knowledge, insights, challenges and other resources. The Hubs \n                will provide hands-on mentoring support, workshops and short training \n                sessions with industry leaders. Customized mentoring modules will \n                also be provided to meet the specific needs of early-stage entrepreneurs.<\/p>\n              <p><b>&#8220;Mentors, with their experience, enable entrepreneurs \n                to challenge and clarify basic assumptions on which he or she \n                may be making critical decisions,&#8221; notes Devangshu Dutta, \n                Managing Partner at PVC Partners as well as CEO of Third Eyesight. \n                &#8220;The mentor can also add credibility to an organization and \n                open new doors for the entrepreneur. Ennovent&#8217;s Startup Services \n                that aims to focus on the facilitation of hands-on support for \n                early stage entrepreneurs, especially for those working in Tier \n                2 and Tier 3 cities is, therefore, a great development for the \n                startup ecosystem in India&#8221;.<\/b><\/p>\n              <p>Stephanie Bauer, Advisor of Sustainable Economic Development \n                at GIZ adds, &#8220;Ennovent brings forth a unique network based \n                approach for providing support to early stage enterprises. We \n                are very excited about this partnership and look forward to accelerating \n                the development of high potential impact-focused startups&#8221;.<\/p>\n              <p>While many social enterprises with innovations for low-income \n                markets exist in India, recent studies indicate that only 1 &#8211; \n                2% get sufficient funding to scale operations for sustainable \n                impact. Through their Startup Services, Ennovent hopes to help \n                these enterprises refine their business models and become investor \n                ready by leveraging both on-ground and network based support.<\/p>\n              <p>Startup Services will be hosting a wide range of workshops and \n                sessions from March onwards. Mentors, investors, entrepreneurs \n                and other key market players are invited to join.<\/p>\n              <p><b><a href=\"http:\/\/www.ennovent.com\/startup?utm_source=Media%2BOutreach&#038;utm_medium=Press%2BRelease&#038;utm_campaign=StartupServicesLaunch\" target=\"_blank\" rel=\"noopener\">Learn \n                more about Ennovent Startup Services<\/a><\/b><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yourstory.in New Delhi, March 11, 2013 Ennovent, a company that accelerates innovations for sustainability in low income markets, is launching its new offering, Startup Services, in partnership with Deutsche Gesellschaft f&uuml;r Internationale Zusammenarbeit (GIZ). Startup Services is aimed at developing and refining the business models of enterprises with products and services that improve the lives [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-2478","post","type-post","status-publish","format-standard","hentry","category-press-quotes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ennovent Partners with GIZ to Launch Startup Services for Entrepreneurs Focused on Low-Income Markets - Third Eyesight<\/title>\n<meta name=\"robots\" content=\"index,follow\" \/>\n<link rel=\"canonical\" href=\"https:\/\/myechoproject.com\/TES\/ennovent-partners-with-giz-to-launch-startup-services-for-entrepreneurs-focused-on-low-income-markets\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ennovent Partners with GIZ to Launch Startup Services for Entrepreneurs Focused on Low-Income Markets - Third Eyesight\" \/>\n<meta property=\"og:description\" content=\"Yourstory.in New Delhi, March 11, 2013 Ennovent, a company that accelerates innovations for sustainability in low income markets, is launching its new offering, Startup Services, in partnership with Deutsche Gesellschaft f&uuml;r Internationale Zusammenarbeit (GIZ). 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