Mumbai, March 07, 2018: World Zarathushti Chamber of Commerce – India (WZCCI) and WZO Trust Funds (WZOTF)  are delighted to announce a joint plan to support entrepreneurs / professionals / start-ups by funding selected projects in India with interest-free loans. The principal amount only would have to be returned, over a pre-determined period.

WZCCI and WZOTF would like to invite Zoroastrian Donors to please come forward to donate Rs. 5 – Rs. 25 lakhs towards creating a corpus of Rs. 5 crores to help young people to start-off their entrepreneurial careers or help small businesses reach scale.

Says Edul Davar, Global President, WZCC from New York to young Zoroastrians, “Today is the right time for the right idea and opportunities are limitless for the bold and restless who are willing to dream big, work hard and persist until they achieve success”.

Says Captain Percy M Master, WZCC President – India Region, who will drive the project in India, “With this Financing Initiative we are fulfilling a long time need to encourage the youth of our community to venture into business. Our request to Youth is to come forward with a good Business Plan. We will Guide you and Mentor you to taking the first steps to start your own  business. We are confident that this is a small beginning of something big. Please don’t miss this opportunity. We have great confidence in the future of our youth and in the glory of our community. May Ahura Mazda bless our youth and propel them to greater heights to become the stars of our Community”.

Says Mr. Dinshaw Tamboly, Chairman WZOTF, the enabling organization for this project,                  “WZO Trust Funds, have over the years encouraged, motivated and supported community members to be self-employed. Between 1995 to end March 2017 we have extended interest-free financial support up to Rs. 5,00,000/- to 1,038 individuals at 114 locations in India towards being self-employed in disciplines of their choice. The new initiative of WZCC and WZOTF working together in tandem towards a common goal promises to give a further boost to the Zoroastrian spirit of entrepreneurship lying latent in the minds of  many in our community.”

WZCC – I and WZOTF sincerely hope that a large number of well placed, India based Zoroastrians will come forward and donate sums of money to give a big boost to Zoroastrian Entrepreneurship in India. A separate fund raising drive has also been initiated in US and other parts of the world to contribute to this fund. WZCCI and WZOTF also hope that a large number of youngsters will come forward and avail of this offer by presenting well-thought through and comprehensive business plans. For more information, please contact: wzccindia@on-lyne.com | +91 9619165444 / +91 7045225939 | trustees@wzotrust.com; admin@wzotrust.com | +91 22 23684451/52/53 or USA: eduldaver@gmail.com | +1 9083974443

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WZCC is a global enterprise established in the year  2000 and now has 14 chapters established in Vancouver, Southern California, Houston, Chicago, Central Florida, New York, London, Tehran, Dubai, Mumbai, Pune, Bangalore, Hong Kong and Sydney. The  mission and purpose of WZCC is to  facilitate networking, enhance trade & commerce, build  the Spirit of  Entrepreneurship and thus bring economic prosperity to Zarathushtis worldwide.

WZOTF was established in the year 1995 at Mumbai and has a Pan India presence actively extending support to Zoroastrians in diverse areas of need, in keeping with its principles – ‘Building Confidence, Changing Lives, Creating a Strong Community’.

https://www.hindustantimes.com/mumbai-news/parsis-to-promote-and-fund-start-ups-of-youngsters-from-the-community/story-e8PVsO5JTtH7jTnpgnZVCK.html

Afternoon DC_8th March, 2018