Mumbai: IT-ITeS industry body Nasscom announced the launch of 10,000 start-ups programme aimed at incubating, funding and supporting technology start-ups in India over the next ten years.

The programme is partnered by Indian Angel Network and supported by Google, Microsoft and Verisign, Nasscom said in a release.

The initiative will focus on multifold activities aimed at fostering entrepreneurship, building entrepreneurial capabilities at scale and providing robust early stage support through incubation, mentorship and angel funding, it added.

"This programme will create an impact on employment, GDP, innovation and entrepreneurship indices. This is one of the largest initiatives that Nasscom is undertaking and will be vital to realise the industry vision of $300 billion by 2020," Nasscom President Som Mittal said.

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