States need to play larger role to support start-ups: Minister

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SME Times News Bureau | 13 Sep, 2017
States need to play a larger role in facilitating and encouraging start-ups which would determine the ultimate success of start-up initiative, said Minister of State, Commerce and Industry, C.R. Choudhary, on Tuesday.

Speaking at the Second States' start-up Conference at Pravasi Bhartiya Kendra in New Delhi, C.R. Choudhary also exhorted all to ensure that the benefits of start-up India program should percolate down to entrepreneurs in tier-2/tier-3 cities.

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 start-up India Hub and Learning & Development program launched by DIPP for benefit of budding entrepreneurs.

The Department of Industrial Policy and Promotion (DIPP), Government of India organized the conference.

60 enablers comprising Venture Capitalists (VCs), Incubators, Accelerators, Banks, etc. and over 100 start-ups from all over the country participated in the conference.

The role of States/UTs in creation of a strong start-up ecosystem in the country was focussed upon in the sessions. Several states showcased key initiatives they had taken to promote start-ups.

Odisha showcased various tools they have developed to equip start-ups, 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 Statesincluding Himachal Pradesh, Rajasthan, Uttar Pradesh, Gujarat, Haryana, Bihar, Kerala, Karnataka, Chhattisgarh, Madhya Pradesh and Andhra Pradesh also made presentations showcasing their efforts in supporting start-ups.