Current Affairs
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Millennium Alliance

  • Posted By
    10Pointer
  • Categories
    Miscellaneous
  • Published
    21st Aug, 2020
  • The Millennium Alliance is an innovation-driven and impact-focused initiative which leverages collaborative resources to identify test and scale Indian innovations that address global development solutions.
  • It is a consortium of partners (Public-Private Partnership) including: Department of Science and Technology, GoI, US Agency for International Development (USAID), Federation of Indian Chambers of Commerce and Industry (FICCI), UK Government’s Department for International Development (DFID) and Facebook and Marico Innovation Foundation.
  • Under the initiative, innovators will be provided with services such as seed funding, grants, incubation, networking opportunities, business support, knowledge exchange and technical assistance and access to equity, debt and capital.
  • The program is currently running in its sixth year and has played a catalytic role business development support to Indian social enterprises.