In a bid to create a viable startup ecosystem in India and assist and accelerate early-stage startups, We Founder Circle has joined hands with the Indian Institute of Management Lucknow Enterprise Incubation Center. On Tuesday, IIM Lucknow EIC signed a Memorandum of Understanding with We Founder Circle for this joint incubation program. This joint effort will offer a golden learning opportunity for the founders and startups in their initial run.

Move to nurture the startup ecosystem in India

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A tweet by the We Founder Circle read, "We feel delighted to announce that IIML EIC and We Founder Circle have signed a Memorandum of Understanding (MoU) to uphold aspiring and emerging startups at IIML EIC. We hope this remarkable association will garner mutual benefits and uphold the startup ecosystem in India."

Notably, IIML Incubator is a not-for-profit organization that works with the objective to assist and accelerate high-performance startups, in line with the Start-Up India mission. On the other hand, WFC offers a global platform of founders for budding entrepreneurs, helping early-stage setups with business, community and fundraising.

Aimed to uphold and nurture the startup ecosystem in India, this collaboration between We Founder Circle and IIM Lucknow EIC is targeted to back-up innovation and excellence across multiple fields in the country. The move will favour budding entrepreneurial talent across the nation by providing them with a platform to cultivate growth.