The Technology Development Board (TDB) in partnership with United States Agency for International Development (USAID) and Federation of Indian Chambers of Commerce & Industry (FICCI) launched Millennium Alliance programme under which innovators will be provided with services such as seed funding, grants, incubation, networking opportunities, business support, knowledge exchange and technical assistance which will facilitate further access to equity, debt, and other capital to the innovators.
The Millennium Alliance (MA) is an inclusive platform to leverage Indian creativity, expertise, and resources to identify and scale innovative solutions being developed and tested in India to address development challenges that will benefit base of the pyramid populations across India and the world. The MA is a network to bring together various actors within India’s social innovation ecosystem including social innovators, philanthropy organizations, social venture capitalists, angel investors, donors, service providers and corporate foundations to stimulate and facilitate financial and other support to the innovators.
Through the Millennium Alliance, TDB, USAID, FICCI, and other partners who have also joined seek to realize India’s role as a global innovation laboratory.
For More Information Visit http://www.millenniumalliance.in