SIDBI Centre for Innovations in Financial Inclusion (SCIFI) was established through an agreement between two leading public institutions, SIDBI and IIM Lucknow on 18th July 2017. IIML SCIFI aims to nurture start-ups working on financial inclusion aided by technology (FinTech) by providing an enabling environment for growth of ventures. The incubator seeks to unlock the entrepreneurial potential of the Indian youth through capacity building measures and by mentoring of start-ups in the domain of financial inclusion.
In tune with Sustainable Development Goals 2030 declared by United Nations and adopted by Niti Aayog in India, SCIFI, IIM Lucknow will focus on the following areas of the entrepreneurial efforts:
- Fintech/Financial Services
- Agri Tech/Agri Business
- Rural Livelihood
- Women Empowerment
In a nascent ecosystem like the one that exists in UP, MP, Bihar. It would be better to widen the funel to reach more startups.