Initiative to provide funding, resources and tools to small and micro businesses
Bengaluru, Karnataka, India: Intuit QuickBooks today announced the launch of the Small Business Relief Initiative, in collaboration with Milaap, to help small and micro businesses in India to raise money to tackle the challenges arising from the COVID-19 lockdown. Intuit’s QuickBooks Online is the world’s leading financial management solution for small businesses and accountants.
The Small Business Relief Initiative aims to raise funds for small and micro-businesses that are facing difficulties in paying employee salaries and in covering business expenses due to COVID-19. India has around 6.4 crore MSMEs that contribute to 29% of the GDP and employ 11.1 crore people. (Source)
As the COVID-19 induced lockdown continues, most of the small and micro businesses in the country are struggling to survive mainly due to cash flow problems. The Small Business Relief Initiative brings together Milaap’s crowdfunding platform with Intuit QuickBooks’ expertise, to provide local businesses with the resources and tools they require to start a crowdfunding campaign in a few clicks, via the Milaap platform where qualifying businesses that have been impacted by COVID-19 can raise micro-grants to meet essential business expenses.
Talking about the program, Aditi Puri Batra, Country Manager, Intuit QuickBooks India, said, “Small and micro businesses play an important role in the larger supply chain and thus their health is imperative to kick-start the industry when the lockdown eases. While the Government of India and Reserve Bank of India have taken multiple steps to address the liquidity crunch faced by these businesses, there is a need for more programs that can put cash into their hands as not every one of them may have access to lending. We are hopeful our initiative fills that gap and empowers these small and micro businesses that are also a crucial source of employment for millions of people in the country.”
Intuit QuickBooks India is also fundraising by enabling its employees in India to donate funds to a small and micro business of their choice on Milaap’s platform and creating awareness about the initiative across its small business network and associated brand channels.
Regarding this initiative, Mayukh Choudhury, CEO and co-founder, Milaap said, “Small and micro businesses are a lifeline for countless communities. Over the last decade, Milaap has supported over 1.5 lakh micro and small businesses. An immediate financial stimulus, for these vulnerable businesses is the need of the hour. Such a stimulus will address not only the availability of goods across local areas, but also the sustenance of employment across the economy.”
How the Small Business Relief Initiative works:
Intuit QuickBooks India Small Business help site: Intuit QuickBooks is providing its network of small businesses with a resources and tools site that enables businesses to start their own fundraiser or support an existing one. From there, small businesses can share their story on Milaap and request help covering employee-related and business expenses. Then everyone – friends, family, neighbours, companies – can all search the Small Business Relief Initiative site to find small businesses in need and donate directly to them.
Milaap.org Small Business Relief Fund: Milaap.org, India’s largest crowdfunding platform for medical emergencies and social causes, has launched the Small Business Relief Initiative where people can donate to support the overall initiative. Donors in India will be able to donate towards a business of their choice on the Milaap platform.
The Small Business Relief Initiative in India follows a similar program Gofundme launched by Intuit QuickBooks in the US in partnership with Gofundme.
Milaap is South Asia’s largest crowdfunding platform for personal and social causes, especially in healthcare emergencies, micro businesses, and in natural crises. Milaap’s community of funders come from over 130 countries across the world and have contributed over Rs. 900 crores, for 200,000+ projects across India. Over the last 10 years, Milaap has become a preferred platform for people to raise funds for and contribute to the causes they care about in India. Milaap.org has the vision of making giving a part of everyday life for Indians. The website has over 2.5 million page views every month, and is growing 3x yearly. The e-mail support extends over 15 hours a day, 7 days a week, and is rendered via a dedicated team that hand-holds users through any procedure on the website. The platform’s single minded goal is to ensure an easy, trusted, and engaging way of giving for Indians.
Tencent Cloud Deploys its First MENA Region Internet Data Centre Hub in Bahrain
Tencent Cloud, the cloud business of Tencent, today announced its collaboration with the Bahrain Economic Development Board (EDB) – the Kingdom of Bahrain’s Investment promotion agency. The two parties signed a Memorandum of Understanding (MoU), with the aim to drive the Kingdom of Bahrain’s Internet Data Centre (IDC) development and support its rapid emergence as the Middle East and North Africa (MENA) region’s hub for the cloud and IDC sectors. The MoU signing also marks a significant milestone for Tencent Cloud as it deploys its first public cloud infrastructure in the MENA region.
According to research by MarketsandMarkets, the Middle East’s cloud market is expected to reach USD 4.5 billion by 2024, with a CAGR of 17.5 percent over the same period, highlighting the growing opportunity in this region.
The MoU between Tencent Cloud and the Bahrain EDB will allow for substantial opportunities to boost the local digital economy, empowering local organisations to expedite their digital transformation journey. It will also allow Tencent Cloud to leverage on Bahrain’s regional position, and the EDB’s connectivity with local and regional stakeholders, including Bahrain’s sovereign wealth fund, Mumtalakat.
The terms of the MoU include:
- Tencent Cloud’s first IDC in Bahrain and MENA: Tencent Cloud will launch a brand-new IDC in Bahrain, which will go live by the end of 2021.
- Promoting the deployment of Tencent Cloud: Bahrain EDB, together with public and private stakeholders will encourage the continued adoption of cloud services to further the digital transformation agenda. Additionally, support will be offered to partner companies to leverage cloud services in collaboration with local stakeholders such as Tamkeen.
- Local talent development: Tencent Cloud will explore and set up training initiatives jointly with the local government in universities and educational institutions across the Kingdom to allow for further knowledge transfer and qualified digital technology talents.
H.E. Kamal bin Ahmed Mohammed, Bahrain’s Minister of Transportation and Telecommunications, said, “This is an important milestone in Bahrain’s journey to become the MENA region’s cloud and data centre hub and I commend the EDB for their ceaseless efforts in developing the partnership with Tencent and ensuring that Bahrain is a favored destination for investment. Tencent joins leading global cloud giants in setting up in Bahrain which will drive massive growth in data traffic towards MENA. Moreover, the launch of the new data centre stands to create a clustering effect as other global providers turn their attention to the increasingly attractive region, with Bahrain positioned as the destination of choice with proactive initiatives such as the Government’s ‘Cloud-First’ policy and nationwide 5G.”
Poshu Yeung, Senior Vice President, Tencent Cloud International, said, “While the local government in Bahrain has been making significant efforts to grow the local IDC industry, Tencent Cloud is excited to collaborate with Bahrain EDB as part of our ongoing efforts to ramp up the global IDC landscape. We will launch all necessary steps to set up a brand-new IDC in Bahrain to provide better coverage all over the Middle East and North African regions along the Belt and Road, fully supporting Bahrain’s ‘Cloud-First’ strategy.”
H.E. Khalid Humaidan, Chief Executive, Bahrain Economic Development Board, said, “As a global leader in technology, innovation and cloud services, the EDB is very proud to be partnering with Tencent to set up their first MENA data center hub in Bahrain. We are confident that Tencent will be able to leverage on the Kingdom’s regional connectivity, local talent, and business friendly environment to expand their services and reach clients across the region.”
Raed Fakhri, Managing Director – Investments, Mumtalakat, added, “Innovative technologies, including cloud services and other content driven services, are an area that Mumtalakat is keen to explore and support as Bahrain progresses with its ‘Cloud First’ policy. As one of the first organisations in the Kingdom to achieve full cloud migration we are excited to witness this milestone that will only further enhance Bahrain’s diversification strategy.”
In 2017, Bahrain introduced the region’s first nationwide “Cloud-First” policy to enhance government information and communication technologies, driving the adoption of cloud across state entities and reducing IT costs by up to 90%.
Operating in 27 regions and 60 availability zones worldwide, Tencent Cloud is a secure, reliable and high-performance public cloud service provider that integrates Tencent’s infrastructure-building capabilities with the advantages of its massive user platform and ecosystem. By harnessing Bahrain’s track record of agile and forward-thinking data regulation, as well as its strategic location within the region, Tencent Cloud will enhance its rich array of global services to both the public and private sectors in the region.
Excellent Do-It-Yourself OSMF Mouth Opening Kit Treatment at Home™ Medicine, Tablets, Exercises Device! From Dr Agravat Healthcare Ltd
An inventive Dental Combo Kit is introduced for Restricted Mouth Opening treatment at home! By Dr Bharat Agravat
Ahmedabad, Gujarat, India – 10th December 2020: Many People addicted to the habit of chewing Pan Masala, Gutka, Betel Nut with Tobacco are prone to oral diseases such as Oral Submucous Fibrosis.
They need to go to the dentist frequently, for treatment with so many hassles. Here is Good News coming to them from the Manufacturers of OSMF Mouth Opening Treatment At Home™ (https://www.osmfmouthopeningkit.com/) announcing availability of a sophisticated mouth opening kit, which they can use at home and get treatment.
This news released today indicates that this mouth opening exercises device will be handy, to help them to get rid of their oral-health-related problems.
Dental experts in Oral Health explain the term OSMF as “Oral submucous fibrosis (OSMF) is an oral precancerous condition characterized by inflammation and progressive fibrosis of the submucosal tissues resulting in marked rigidity and trismus. OSMF still remains a dilemma to the clinicians due to elusive pathogenesis and less well-defined classification systems.”
The kit displayed will contain mouth opener, 2 months mouth open tablets that is Two Types of OSMF Medicine; 2 OSMF Mouth rinse; Patent Pending Unique Mouth Opening Device for Physiotherapeutic Exercise etc., to help oral submucous fibrosis treatment at home. This way these patients need not go out from their home, to the Dental Clinics for mouth opening treatment.
The announcement informs that those who have oral submucous fibrosis symptoms in various oral submucous fibrosis staging of the disease can use this combo Kit, for getting rid of the pain and other inconveniences suffered by them.
According to the announcement, the full description of the Kit which brings forth oral submucous fibrosis medicine to the patient’s home is given as follows:
“Natural and proprietary treatment for Oral Submucous Fibrosis Mouth Opening at Home Therapy. Easy to use specially formulated for Restricted Mouth Opening treatment at your convenient and comfort at your place”
– Buy/Shop Online OSMF Mouth Opening Treatment at Home™ kit: https://www.osmfmouthopeningkit.com
– About Smile in Hour® Oral Healthcare Company : https://www.smileinhour.in/
– About OSMF Mouth Opening Treatment at Home™ kit Innovator : https://www.drbharat.agravat.com/
Dr Agravat Healthcare Ltd : https://www.healthcare.agravat.com
Address: Shop 9, Takshashila Apartment, Thaltej – Shilaj Rd, Thaltej, Ahmedabad, Gujarat 380059, India.
Alteryx enhance analytics process, improve productivity, and generate a business decision. Alteryx integrate data cataloging with human insight. And hence empower organizations for finding and managing information.
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