Incuspaze and SIDBI team up to open a new coworking space

Incuspaze will now support MSEs and startups with a new office space. Currently in its development stage, the coworking space hopes to open in the next two months.

Gurugram-based coworking space startup Incuspaze recently announced its collaboration with Small Industries Development Bank of India (SIDBI) to set up a premium coworking space in Connaught Place, New Delhi.

This coworking space will support micro and small enterprises (MSEs) and startups with a well-equipped and well-managed space to meet their office requirements and fulfil SIDBI’s vision to support entrepreneurs, the company said.

In a statement, SIDBI said it will also be devising an MSE Accelerator program to fuel the growth of companies operating from the coworking space.

Speaking on the collaboration, Mohammad Mustafa, Chairman and Managing Director of SIDBI said,

“In our journey to promote MSEs and startups, we believe this collaboration would mark the next step in strengthening this ecosystem. We strongly believe that through this project, we will be able to make a difference in the growth trajectory of MSE’s and support their vision.”

At present, the collaboration project is in its development stage and the company hopes to inaugurate it in the next two months.

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