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Haryana govt committed to establish state as startup hub: Saini to entrepreneurs
YourStory
·
7m ago
Medial
Haryana Chief Minister Nayab Singh Saini announced the government's commitment to making Haryana a startup hub to boost economic growth and employment opportunities. In line with national initiatives such as Make in India, the state aims to triple the number of startups by offering new schemes and incentives in upcoming budgets. The government seeks input from citizens and entrepreneurs to ensure inclusive development, aligning with India's vision to become a developed nation by 2047.
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Delhi Govt Aims to Back 15,000 Startups By 2030
Startup News FYI
·
1y ago
Medial
The Delhi government has finalized a draft of its startup policy, aiming to support and encourage 15,000 startups by 2030. The policy includes collateral-free loans, expert guidance, and support for college students. The goal is to establish Delhi as a global innovation hub and the preferred location for startups. The policy aims to provide comprehensive support mechanisms and financial assistance to entrepreneurs, with a focus on creating a supportive ecosystem for innovation-driven economic growth. The government is also working on the development of the Dilli Bazar portal to connect with customers and plans to onboard over 100,000 city shops within six months.
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Telangana Govt Invests INR 300 Cr To Launch T-Hub Phase II For Startups
Inc42
·
11m ago
Medial
The Telangana state government is set to launch the second phase of T-Hub, a leading startup incubator, on June 28th. T-Hub Phase II aims to further support and nurture the state's budding startup ecosystem. The first phase, established in 2015 and based at IIT Hyderabad, has successfully incubated over 1100 startups and raised a total of INR 1,860 crore through cohort startups and various programs.
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Govt To Introduce A ‘Single’ Platform For Startups, VCs To Ensure Better Collaboration: Priyank Kharge
Inc42
·
1y ago
Medial
The Indian state of Karnataka, particularly Bengaluru, remains the country's top startup hub despite a decline in funding. The state government has disbursed over INR 50 crore ($7 million) as grants and supported 208 startups in the past six months. Beyond funding, Karnataka provides support to startups through initiatives like the Global Innovation Alliance-Market Access Programme (GIA-MAP) and a public procurement policy for sourcing from startups. The government is working on strengthening the AI ecosystem in Bengaluru and attracting investments outside the state capital through its Beyond Bengaluru program. Additionally, outdated policies and excessive taxation on startups are among the challenges that need to be addressed.
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Air India bullish on Bengaluru's aviation growth: Campbell Wilson
Money Control
·
11m ago
Medial
Air India is committed to making Bengaluru a key aviation hub in South India. The airline's CEO, Campbell Wilson, stated that they have committed to making Bengaluru one of their key focus cities. Air India recently signed an agreement with the Karnataka government and Bangalore International Airport Limited to develop the city as a premier aviation hub. The airline is also building a Maintenance, Repair, and Overhaul (MRO) facility in Bengaluru, which is expected to generate over 1,200 job opportunities and support more than 200 SMEs in the state. The MRO facility will have the capacity to accommodate wide-body and narrow-body aircraft and will feature advanced maintenance technology.
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Rajasthan To Invest INR 700 Cr To Set Up Digital University To Foster Tech Innovation: Col. Rajyavardhan Singh Rathore
Inc42
·
1y ago
Medial
Rajasthan's iStart initiative has funded over 400 startups since its launch in 2017. The state government is investing INR 700 Cr to establish a digital university and plans to build a 100-acre fintech park in Jaipur. Through programs like Angel Rajasthan, the government aims to provide investors with the necessary knowledge to support startups. The initiative has already supported 1,100+ tech-focused startups, offering incubation support and venture capital funding. With a focus on emerging sectors like agritech, AI, and renewable energy, iStart Rajasthan is positioning the state as a thriving startup hub.
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Tamil Nadu crosses 10,000 DPIIT-registered startup millstone, credits StartupTN mission
YourStory
·
7m ago
Medial
Tamil Nadu has surpassed 10,000 registered startups, marking a significant achievement for the state. StartupTN, an initiative by the government, has played a vital role in nurturing the ecosystem through various schemes, funding opportunities, mentoring, and incubation support. The state's startup ecosystem is flourishing with multiple regional hubs and a metro hub in Chennai that provide a strong infrastructure for aspiring entrepreneurs. This exponential growth can be attributed to the focus on supporting startups and fostering innovation under the leadership of Chief Minister M K Stalin. Tamil Nadu aims to become a prominent startup hub with continued government backing.
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World Entrepreneurs Day 2023: How can India lead the global startup ecosystem?
Livemint
·
1y ago
Medial
India ranks third in the world as a startup hub with over 90,000 startups and 107 unicorn companies. The government has launched initiatives and schemes to support aspiring entrepreneurs. Click on "View Source below" to read more-
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Special seed fund to support startups by differently abled, transpersons: TN MSME minister
YourStory
·
1y ago
Medial
Tamil Nadu's Micro, Small and Medium Enterprises (MSME) Minister has announced a special seed fund for startups run by differently-abled and transgender people in the state. The aim is to promote inclusive growth in the entrepreneurship sector. Plans are also in place to establish new regional startup hubs in Coimbatore and Tiruchi this year, in addition to existing hubs in other cities. The minister also revealed plans to establish global startup coordination centres in Singapore and the US in the future. A design studio called 'Thozhil Nayam' will be established at the StartupTN Chennai Metro Hub to support startups in product design.
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India a key player in responsible AI revolution, skilling way to go: IBM's Sandip Patel
Economic Times
·
1y ago
Medial
India has a significant stake in the AI revolution and the government is open to partnering with the industry to advance AI technology responsibly and scale up skills in this space, according to Sandip Patel, Managing Director of IBM India/South Asia. Patel emphasized the need for India to establish itself as a hub for AI adoption and innovation by connecting different domains such as policy making, investments, skilling, and R&D. The government plans to establish centers of excellence (CoEs) in AI across various sectors and is committed to the responsible and ethical use of AI.
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Bihar Govt Conducts Product Launch Event Start-Up Spark 2.0
OutlookIndia
·
1m ago
Medial
The Bihar government's Department of Industries, in collaboration with B.HUB BSFC and IIT Patna's Incubation Centre, organized the Startup Spark 2.0 event. This initiative aligns with the Bihar Start-up Policy 2022 and provides startups with seed funding, coworking spaces, and mentorship. The event showcased innovative products ready for market introduction, offering startups exposure to investors and mentors. State officials emphasized supporting the entrepreneurial ecosystem, aiming to transform Bihar into a hub of innovation and entrepreneurship.
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