An accelerator for businesses aiming to unlock the next trajectory of growth
India has the largest number of small and medium businesses in the world and contributes nearly a trillion dollars to the economy. The sector is expected to contribute over $2 trillion to the Indian economy and create 50 million additional jobs by 2024. Despite the size of the sector, the growth rate of small and medium businesses has remained relatively low. To remedy this, local businesses and small and medium enterprises must transform their processes and shift towards digitisation, tech-optimization, and business model innovation to achieve inorganic, startup-like scale while remaining financially sustainable.
Despite the extreme competition, recession, and inflation, applying emerging technologies, business process optimization, and management tools, frameworks and processes like lean startup, business modelling, etc. is already helping small and medium business entrepreneurs identify opportunities to build growth and stand out. Since SMEs have deep expertise and strengths in their existing domains, they are well-placed to achieve growth through the use of emerging technologies and relevant management practices.
With that genesis as the background, CIIE.CO has formulated a customised growth accelerator that will act as a springboard for high potential businesses to achieve the desired growth.