A centre that helps founders turn ideas into running enterprises through space, mentoring, and seed-fund links.
Mumbai has 3,17,949 service-sector MSMEs. The district's service-sector gross value added per worker is ₹2,17,903, better than the typical district. The Incubation and Startup Centre is where the next wave of this service enterprise base gets built.
77% of registered enterprises are in services while 23% are in manufacturing. Only 21% of employment is in small and medium enterprises. 76% of school-age children are enrolled in higher secondary school (classes 9–12).
In Mumbai, which ranks 1 of 36 in Maharashtra for youth opportunity, the overall opportunity score is 65.6 out of 100. It runs ahead of the national picture on credit going to productive use at 92.1% and bank branches per lakh people at 20.7.