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Maharashtra Signs MoUs With Finland and Global Partners to Expand Startup Ecosystem

These agreements channel Finnish expertise into advanced training centers, open global pathways for startups, research exchanges, job fairs.

Overview

  • The Maharashtra State Innovation Society inked MoUs with Finland’s government, GATI, Magic Billion and Charcos Enterprises to advance innovation under Vision 2047.
  • The agreements chart joint initiatives for advanced Finnish-backed training centers, startup summits, job fairs and research exchange programs.
  • Maharashtra hosts over 28,000 active startups, with the Punyashlok Ahilyadevi Holkar Women Startup Scheme distributing Rs 2.34 crore to 52 women-led ventures.
  • Development continues on a 250-acre Innovative City in Navi Mumbai and an integrated startup facility at the Chandivali ITI as part of infrastructure upgrades.
  • The Yuva Karya Prashikshan Yojana has benefited 1.5 lakh youths and state-run programs secured employment for 1.34 lakh candidates since December 2024.