Facebook launches VC Brand Incubator to help SMBs grow digital presence

Facebook India on Wednesday launched the “VC Brand Incubator Program” as part of which, it will collaborate with venture capital (VC) funds to help the growth of small and medium businesses (SMB) they invest in, with the social network providing skilling and guidance.

As a part of this initiative, Facebook will work with VC funds with the aim of skilling and mentoring SMBs by sharing insights on best practices, proven solutions, insights among other key learning.

For the first edition, Facebook is working with Sauce.vc, a Mumbai-based early-stage venture capital fund that works with startups in the food and beverages, personal care, apparel, and the lifestyle space.