Startups represent 55 industries from 633 districts
Startups have the potential to accelerate India’s integration into global value chains and create global impact, said the Department for Promotion of Industry and Internal Trade (DPIIT) which is organizing the first-ever ‘Startup India Innovation Week’ 10-16 January 2022
This startup and innovation festival’s primary goal is to bring together the country’s key startups, entrepreneurs, investors, incubators, funding entities, banks, policymakers, and other national and international stakeholders to celebrate entrepreneurship and promote innovation, it said.
Furthermore, to exchange knowledge on nurturing startup ecosystems; to develop entrepreneurial ecosystem capacities; to mobilise global and domestic capital for startup investments; to encourage and inspire the youth for innovation and entrepreneurship; to provide market access opportunities to startups; and to showcase high-quality, high-technology, and frugal innovations from India.
India is emerging as a global innovation hub, boasting the world’s third-largest startup ecosystem. DPIIT has recognised more than 61,000 startups as on date.
“Our startups representing 55 industries, spread across 633 districts with at least one startup from every State and Union Territory (UT) of the country have created over 6 lakh jobs since 2016. 45% of the startups are from Tier-2 and Tier-3 cities and 45% of them are represented by women entrepreneurs,” said DPIIT.
With participation of States and UTs as well as various Government departments, the week-long programme will address key aspects of the startup ecosystem through interactive sessions, workshops, and presentations based on themes such as Academia & Mentorship Support to Startups, Incubation and Acceleration Support to Startups, Market Access through Corporates and Government to Startups, and Funding and International Avenues to Go Global.
In addition, based on the identified themes, there will be various parallel activities such as Experience Booths, Pitching or Reverse Pitching Sessions, and Innovation Showcases.
The link to the registration for the event is https://www.startupindiainnovationweek.in fiinews.com
