BMPA has partnered with ASCENT Foundation, started by Harsh Mariwala (Chairman, Marico Limited) in 2012, to support the journey of growth-ready entrepreneurs through peer learning and experience sharing.
Designed as a peer-to-peer platform, ASCENT leverages the “Power of Collectives” and enables entrepreneurs to share experiences, ideas, insights to learn from each other through self-facilitated Trust Groups and an extended network of Enablers. In the last 10 years, ASCENT has selected over 860 entrepreneurs as members (from more than 3000 applications received) who are part of 74 operational Trust Groups in Mumbai, Chennai and All India Chapters. The composition of these members is quite diverse with a 46:54 split between Manufacturing and Services Industries; 44% Family Businesses; 7% Women Entrepreneurs and in all about 65+ diverse industries represented. The aggregate annual turnover of the ASCENT members is more than Rs. 53,000 crores with individual member turnover ranging from Rs. 1 crore to Rs. 3500+ crores. For more details, Click here
ASCENT Foundation is a not-for-profit expression of Harsh Mariwala’s personal passion to identify and enable high-potential growth-stage entrepreneurs in their journey to grow both as Entrepreneurs and their Enterprises. ASCENT creates a close-knit Trust Group of non-competing entrepreneurs who believe in Learning from Doers. A few of BMPA members are ASCENT members as well; and they benefit by actively participating thereat.
“I am a second generation, family managed business entrepreneur. There are tasks of continuing the legacy, commanding respect rather than demanding it, dealing with family dynamics, getting modernisation in the daily operations and my ASCENT Trust Group which I call my Sounding Board have really helped me navigate through these challenges effectively and efficiently which has helped me make a remarkable mark on my business and it continues to do so even today!”- Ankit Tanna, Director, Printmann Group (ASCENT member for last 5 years and whose business is a BMPA member).