The Department of Industrial Policy and Promotion, Government of India is organizing the Second State Startup Conference today in New Delhi. The conference shall be inaugurated by the Minister of State, Shri C.R. Choudhary and shall be attended by senior functionaries from State/Union Territory Governments, Incubators/Accelerators, Funding agencies, VCs, Angel investors and Startups. The discussions shall be conducted around four key themes related to key components of the startup ecosystem, namely:-
- Governance reforms to be undertaken by States for Startups.
- Incubation facilities in India and role of State Governments in developing these facilities.
- Role of State Governments in setting up funds for Startups.
- Making regulations easier for Startups.
Further, in order to provide momentum towards building up a positive Startup ecosystem in the States, a framework for ranking various States/ Union Territories on the basis of initiatives taken to promote Startups will also be discussed. The conference is expected to provide a significant impetus to the creation of an enabling Startup Ecosystem in the country.