VERDE launches free online support service platform to businesses


VERDE launches BFC19, a free online support service platform to businesses, including SMEs who are looking to reinvent and restructure themselves. All those who register on the platform can also have the possibility of obtaining financing, collaborations and other opportunities in this difficult context.

The link to the platform is

The platform allows all businesses to register and join a community where there are experts from different fields to advise and support them with respect to the issues which they are facing or which they are likely to face because of the Covid-19. The platform is open to all types of businesses from any sector of activity.

“Based on the numerous discussions held with entrepreneurs from many sectors and different company sizes during the past four weeks, we had to intervene to provide support to all those businesses which find themselves in varying difficulties. We spoke to many partners within our network, and they were all enthusiastic to join our initiative and to help those who are today in difficult situations, and those who require help in reinventing themselves”, says Dirish Noonaram, Co Founder and Partner of VERDE.

VERDE partnered with Ogment, a specialist software development and digital transformation company to develop the platform with the support of the MRIC. To formulate the service offering, VERDE undertook qualitative interviews and discussions with close to 70 businesses, including SMEs.

Ganesha Mooroogan, Founder of Ogment, mentions that: “Once we understood the requirements of businesses, our team of developers decided to build a simple and efficient platform. The platform is easy to access and register. Once registration is complete, users can submit their requests and our team will then initiate contact. We have also included a cutting-edge business matching algorithm to find, evaluate and make powerful partnership recommendations for those who have joined the BFC community.”

Dr Vickram Bissonauth, Research Coordinator at the MRIC, says: “Through the MRIC’s involvement in the National SME Incubator Scheme (NSIS) we have managed to develop an interesting relationship between the public and the private sector. By launching BFC19, VERDE, which is one of our NSIS-accredited incubators, is helping to further strengthen the support to the entrepreneurial ecosystem. On the other hand, Ogment was the first start-up to benefit from the NSIS- acceleration programme and we are today very proud that the company has continued its progress and has come up with the online platform. I also invite other support entities such as crowdfunding platforms and other incubators to join BFC and the VERDE team in its nation-wide initiative, which is critical in these difficult times.”

For further information, please contact: Ganesha Mooroogan
– Partner, Ogment on 5936 6706,
or Dirish Noonaram, Co-Founder and Partner,
VERDE on 214 1900,
or send an email at

* Published in print edition on 28 April 2020

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