Chandigarh Startup Policy to be launched soon
The Indian Government has created various modes for promoting startups including tie up with 11 countries for access to investors and markets, Aastha Grover, Head, Startup Hub, Invest India, told an industry conference.
Among new developments, Chandigarh will soon get its own Startup Policy with special focus on women entrepreneurship and accommodating non-IT Startups as well as expand the scope of incentivizing to private and institutional incubators, co-working spaces and startups, informed Yashpal Garg, IAS, Secretary, Chandigarh Administration.
Garg highlighted the role of the Incubation Center at Chandigarh for IT sector which has been operating since 2001.
Both officials addressed a video conference on Startups organized by PHD Chamber of Commerce & Industry in collaboration with Chandigarh Administration and Startup Punjab on 22 Feb 2021.
Grover also informed the conference participants about funding schemes and the application process under various government schemes launched by different departments.
She conducted a workshop on startup schemes, registration process, recognition schemes, seed funds and special agreements, adding that exclusive patent application route created for DPIIT registered startups increased the patent registration three times in past four years.
The participants were updated on services for the startups through PHD–MSME Mentoring & Guidance Center.
Over 75 entrepreneurs at the conference were updated on the solutions for the main points of the startups including the cost of incorporation of a company, higher cost of power and internet supply, need to enhance the exposure and reach for the tier-2 and tier-3 cities based startups, the government schemes available and access to funds for incubators and startups. #technology #participants #investment #fundings #banking /fiinews.com
