Taking forward the Startup India initiative to the next level, the
Department of Industrial Policy and Promotion (DIPP), Government of India
organized the Second States’ Startup Conference on 13 September at Pravasi
Bhartiya Kendra, New Delhi. 60 enablers comprising Venture Capitalists (VCs),
Incubators, Accelerators, Banks, etc. and over 100 Startups from all over the
country participated in the conference. The conference gave them the unique
opportunity of interacting with senior officials from as many as 23 States and
UT Governments, as also Central Government.
The discussions in the conference focused around the themes related to
incubation facilities in India, role of State Government in setting up and
operationalizing Fund of Funds through AIFs and VCs and making regulatory
compliance easier for Startups.
In his inaugural address, the Minister of State, Commerce C.R. Choudhary emphasized on the larger role
States need to play in facilitating and encouraging Startups which would
determine the ultimate success of Startup initiative.
He exhorted all to ensure that the benefits of Startup India program should
percolate down to entrepreneurs in tier-2/tier-3 cities. Shri Ramesh Abhishek,
Secretary, DIPP stressed upon the need to take positive steps to support the
budding entrepreneurs of the country. He also highlighted the game-changing
initiatives such as Startup India Hub and Learning & Development program
launched by DIPP for benefit of budding entrepreneurs.
The role of States/UTs in creation of a strong startup ecosystem in the
country was focused upon in the sessions. Several states showcased key
initiatives they had taken to promote startups.
Odisha showcased various tools they have developed to equip startups,
including a comprehensive portal, helpline and various learning &
development initiatives. Tamil Nadu presented the extensive network of
innovation centers which have been developed on a hub and spoke model across
colleges in the state. Jharkhand showcased their bottom up approach of
fostering innovation by reaching out to schools to nurture a culture of
innovation through a ‘germinator.’
Other States viz. Himachal Pradesh, Rajasthan, Uttar Pradesh, Gujarat,
Haryana, Bihar, Kerala, Karnataka, Chhattisgarh, Madhya Pradesh and Andhra
Pradesh also made presentations showcasing their efforts in supporting