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SMILE ties up with SINE, IITB


The Brihanmumbai Municipal Corporation (BMC) funds startup ideas that could resolve civic governance issues. The BMC’s special purpose vehicle (SPV), which will be implementing the start-up policy, will be called the Society for Mumbai Incubation Lab to Entrepreneurship (SMILE). For the start-up hub and innovation policy, the civic body has tied up with Indian Institute of Technology-Bombay’s Society for Innovation and Entrepreneurship (SINE), which runs a similar start-up cell or incubation centre. The BMC will fund professionals, individual residents, students and citizen groups who come up with actionable solutions to civic issues.