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Union Minister of Commerce & Trade, Shopper Affairs, Meals and Public Distribution, and Textiles, Shri Piyush Goyal, in the course of the Startup India Innovation Week chaired a unicorn roundtable to have a good time the expansion of the unicorns and chart a collaborative method ahead to help the expansion of extra unicorns in our nation. The 40 taking part unicorns highlighted their learnings from their expertise, components that enabled their development, and recognized areas to spice up the expansion of the Indian ecosystem that may assist the nation emerge as a worldwide startup chief. Shri Piyush Goyal urged the unicorns to come back collectively and arrange a unicorn membership or affiliation that might give you options for entry to capital for startups within the nation. The dialog targeted on streamlining regulatory processes to foster a extra startup pleasant atmosphere, rising entry in Tier-2/3 cities and studying from one of the best practices arrange by monetary establishments within the personal sector.
Division for Promotion of Trade and Inner Commerce (DPIIT), this 12 months, celebrated the approaching collectively of the nation’s key startups, entrepreneurs, buyers, coverage makers and different stakeholders on innovation and entrepreneurship throughout the nation from tenth – 18th January 2024. Marquee bulletins and launches included ‘StartupShala’ – Startup India’s Accelerator Program, a 3-month lengthy accelerator program for early-stage startups to offer them entry to information, community, funds, and steering required to scale up. Every cohort of this system might be targeted on a selected sector, the primary one being CleanTech and 20 startups per cohort might be handpicked by specialists via an open name for software. The functions have been opened on Startup India Hub from tenth January 2024: https://www.startupindia.gov.in/content material/sih/en/Startup_Shala.html.
To encourage college students and aspiring entrepreneurs, 5 devoted webinars targeted on ‘How you can Begin Up’ had been organised titled ‘MAARG Mentorship Sequence for Budding Entrepreneurs’. Trade leaders and mentors shared insights and key classes concerning the fundamentals of beginning a startup. All these classes had been hosted stay on Startup India social media handles in addition to on the MYBharat portal for the Yuva entrepreneurs.
Startup India Innovation Week’s 75+ bodily occasions served as a catalyst for entrepreneurship, showcasing India’s thriving ecosystem and igniting the desires of numerous aspiring founders. From workshops empowering girls entrepreneurs to coaching grounds for incubator champions, the week noticed mentors and mentees sharing knowledge, igniting the minds of aspiring pioneers. A number of thought-provoking roundtables had been carried out in a number of cities with stakeholder discussions, forging alliances that may form the long run startup ecosystem.
The one-to-one mentorship of startups with corporates was additionally launched earlier within the week. The sequence included unique handholding and steering to shortlisted startups with the corporates in domains of economic lending and help, operations, sustainable improvements, and disruptive know-how. The company companions onboarded had been HCL, HSBC India, Qualcomm India Non-public Restricted, and TCS Basis.
To create additional consciousness about innovation and sustainability, a digital panel dialogue was carried out with international companions of Startup India. The panel targeted on the 5 key pillars of Innovation together with Incubation, Funding and Monetary Help, Public Non-public Partnership Mannequin, Market Entry and Authorities Infrastructure. A devoted workshop was carried out in Mumbai, Maharashtra to sensitise startups on the advantages accessible to them on the Authorities e-Market (GeM). A profitable Workshop on Public Procurement was additionally carried out on the College of Hyderabad, Telangana, on ninth January 2024, which noticed participation from over 70 entrepreneurs.
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