Piyush Goyal to launch MAARG portal for startup mentorship

Commerce and industry minister Piyush Goyal will launch the MAARG platform (Mentorship, Advisory, Assistance, Resilience, and Growth) on Monday, which would facilitate mentorship between startups and entrepreneurs across sectors, stages, and functions.

“The matchmaking phase of the portal, which will be launched on the occasion, will allow startups to connect with mentors and discuss their mentorship needs,” the commerce and industry ministry said in a release on Friday.

Goyal will also announce the results of National Startup Awards 2022.


“The winning and finalist startups will benefit from the support exnteded for their business growth, mentorship, funding, partnerships, market access opportunities, that will further enable them to serve as a role model for other entrepreneurs,” the ministry said.

The winning startups will be given a cash prize of Rs 5 lakh each. One exceptional Incubator and one Accelerator each will also get a cash prize of Rs 15 lakh.

The National Startup Awards 2022 invited applications across 17 sectors which were further divided into 50 sub sectors, and 7 special categories. The sectors included Agriculture, Animal Husbandry, Construction, Drinking Water, Education & Skill Development, Energy, Enterprise Technology, Environment, Fintech, Food Processing, Health & Wellness, Media and entertainment, Industry 4.0, Security, Space, Transport and Travel.

The National Startup Awards 2020 and 2021 have recognized 367 startups as winners and finalists.