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Tanay A Mandelia

Founder | Also helpi... • 8m

I am an advocate for innovation. ↳ Startups are booming in over 670 districts. ↳ Half of these startups are in tier 2 and tier 3 cities. ↳ Innovation isn't confined to big cities. But there's more: ↳ These startups are spreading like wildfire. ↳ They bring fresh ideas and energy to smaller cities. ↳ They are transforming local economies. Nothing has changed; innovation is still key. BUT... Now we see its reach is broader than ever. Here are simple tips to support startups in smaller cities: 1. Provide Resources: Ensure access to funding, mentorship, and training. 2. Build Networks: Create opportunities for startups to connect and collaborate. 3. Promote Local Talent: Encourage the hiring and development of local talent. 4. Celebrate Success: Highlight and celebrate the achievements of local startups. Startups in smaller cities are often overlooked. But their impact is immense when they are finally supported.

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Replies (2)

Nimesh Parekh

Help the needy • 8m

well said

1 Reply

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As living expenses in Tier 1 cities soar, companies will eventually shift to Tier 2 cities, enabling them to hire talent with lower investment. #Business #Talent #CostEfficiency #startups #india

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Tier 2 and tier 3 cities in India are becoming significant hubs for startups, approximately 45% of the country's recognized startups ~ DPIIT

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