Tamil Nadu’s Micro, Small and Medium Enterprises (MSME) Minister T.M. Anbarasan on Thursday launched the Tamil Nadu Incubator Maturity Model (TNIMM) report at the Tamil Nadu Start-up Incubators Summit organised by Startup TN in Chennai.
The TNIMM is a framework for assessing start-up incubators across the State by identifying various parameters and criteria to promote them. An incubator helps early-stage start-ups grow by providing support, resources, and guidance. The framework was released to motivate incubators to compare themselves with top performers and improve their standards. The initiative is aimed at making the State the preferred start-up ecosystem in India and positioning it competitively among global ecosystems.
Mr. Anbarasan also gave ₹5 lakh each to 15 selected incubators to carry out sector-focused activities. He also handed over sanction orders to the tune of ₹14.70 lakh to 15 women entrepreneurs under Startup TN’s Women Initiative to reimburse money they had spent towards incubator rentals and facilities for their start-up’s growth.