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Questions and Answers
What is the primary purpose of the SIDBI Startup Mitra platform?
What is the primary purpose of the SIDBI Startup Mitra platform?
- To connect entrepreneurs with stakeholders like incubators and investors (correct)
- To offer matchmaking services for loan seekers
- To create a support system for large corporations
- To provide financial assistance to MSMEs
What distinguishes SIDBI Udyami Mitra from other platforms?
What distinguishes SIDBI Udyami Mitra from other platforms?
- It aims to provide only 1 lakh bank branches with access to services
- It only caters to non-financial service needs of MSMEs
- It provides financial assistance for all enterprise loans (correct)
- It exclusively focuses on large corporations
What is a key feature of the SIDBI Udyami Mitra platform?
What is a key feature of the SIDBI Udyami Mitra platform?
- Exclusively providing non-financial services to large corporations
- Linking only 10,000 handholding agencies to MSMEs
- Matchmaking platform for MSME loan seekers, lenders, and handholding agencies (correct)
- Limiting loan applications to amounts less than 5 crores
How does the SIDBI Startup Mitra platform contribute to the innovation ecosystem?
How does the SIDBI Startup Mitra platform contribute to the innovation ecosystem?
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