Springboard Ventures launches biz plan advisory portal-Mybplan

To tap growing potential of start-ups

PTI | February 16, 2011



To tap growth potential in the evolving start-up eco-system in India, Springboard Ventures today launched the country's first business plan advisory, development and training service portal 'Mybplan'.

The initiative is in collaboration with four other start-up supporters -- Nurture Talent, SME Joinup, Saarthi Consulting and Kennis Group.

"Mybplan.com will help provide start-ups end-to-end solutions right from ideation to fund-raising through an IPO.

The idea behind the initiative is to guide these early-stage entrepreneurs in overcoming certain gaps between what they communicate through their business plans and what information the angel investors or other funders seek," Springboard Ventures' Managing Director, Satish Kataria, told reporters here.

Through 'Mybplan', Springboard and its collaborators have brought together some of the best start-up investment experts and also a host of unique services to assist entrepreneurs right at the stage of idea-inception, Kataria said.

"The platform will not only address issues faced by start-ups while raising money from angel investors but also help them take a holistic and long-term view of their idea and its growth potential," he added. .

While the venture capital and private equity sector is growing rapidly in the country with high management fees and a large corpus, a mere 1 per cent of investments are actually structured to support start-ups because of lack of communication and presentation skills.

Through Mybplan, early-stage entrepreneurs can get in detail the nuances of business plan-making, evaluation of ideas, attaining domain knowledge, training and finally, contests.

These services can be received as per requirement of the entrepreneur and cost him anything between a mere Rs 1,000 to Rs 30,000 for different modules, Kataria said.

 

Comments

 

Other News

How the mind can help the body heal itself

Why do some people recover from illness against all odds? Can our beliefs, emotions and consciousness influence the body’s ability to heal? Drawing on over three decades of experience in medicine, research and medical innovation, internationally trained ophthalmologist and author Dr Dinesh Verma ex

1,364 anti-cancer formulations to cost less from today

The National Pharmaceutical Pricing Authority (NPPA), under the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, has capped trade margins on the Maximum Retail Price (MRP) of 137 anti-cancer drugs. This was based on the recommendations of an Expert Committee constitute

Who checks the books?

I read about the news about the Coimbatore library over coffee this morning. On the face of it, the headline was about a political ‘war’ between the DMK and TVK. But what stayed with me was something much more important than the blame game behind what had transpired. A writer walking through

Development paradox: Falling poverty miracle and an inequality problem

India’s reduction in poverty over the past decade is a development achievement of considerable significance. The World Bank’s April 2026 ‘India Development Update’ estimates that the share of Indians living below the international extreme-poverty line of $3.00 per person per day i

In Arunachal, a river we call mother

In Arunachal Pradesh, the Siang is not just a river. For many of us, especially the Adi people, it is part of our family. Our grandparents fished in it. Children learned to swim in it. Our farms drink from it. When someone says a huge dam will be built on it, we do not hear the word "project".

A new retelling of the Mahabharata delves into key moments

In a time when every decision carries consequences and questions of ambition, power, loyalty, identity and moral choice continue to shape our lives, Dr. Arun Krishnan’s new book, ‘Mahakshana’ (Penguin India) offers a strikingly relevant retelling of the Mahabharata.  

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter