(Mumbai-Immediate Release) Netz Capital, a start up incubation center and venture capital fund advisory has started a new trend in entrepreneurship among youth. The power of undergraduate students will be utilized to incubate companies from scratch with a global vision.
"In today's times when job losses have increased, the youth needs to start a independent life with which they can make their own destiny rather than falling victims to global financial crisis." said Nikhil Khekade, Director of Netz capital and Visiting faculty at Sardar Patel Institute of technology.
Netz capital focuses on Internet as a platform to incubate the companies and then growing them to global level by enabling global e-commerce. Netz capital has over 200 student interns that areplaying an important role in building the next generation billion dollar companies.
"Start-up incubators like this were phenomenal in building developed countries in 20th century. 21st Century however belongs to India and we are in talks with the government and institutions for base funding and infrastructure to promote growth of these companies." said Atul Khekade, Chairman of Netz capital.
"Government can consider providing funding to such initiatives instead of giving stimulus package to companies that have failed with their mammoth spending model." said an industry expert who did not want to be identified.
