New Delhi, Dec 12 (Bureau) To bring together the country’s key startups, entrepreneurs and related stakeholders and encourage the startup ecosystem in India, the Centre is organising a specially curated week-long event on innovation and entrepreneurship. The “Celebrating Innovation Ecosystem” programme to be hosted by the Department for Promotion of Industry and Internal Trade (DPIIT) in January 2022, will mark the 6th anniversary of the launch of the Startup India initiative. Secretary, DPIIT Anurag Jain reviewed the project which will bring together the country’s key startups, entrepreneurs, investors, policymakers, incubators, accelerators, mentors, venture capital (VC) funds, investors, Government e-Market place (GeM), corporates, students and Government officials, a Commerce Ministry statement said. There would also be opportunities to explore market access to startups as well as facilitate mobilisation of global and domestic capital for investments into startups.
A regulatory roundtable will also be conducted under the chairmanship of Minister of Commerce and Industry Piyush Goyal, involving key officials from various ministries and government departments, funds, other regulators and ecosystem players to discuss important regulatory issues which are extremely critical for the startup ecosystem. The event is also set to showcase high-quality, high technology, frugal innovations from India alongwith the spread and depth of entrepreneurship based on innovation in India. Multiple pitching sessions across various sectors and stages will provide an opportunity to startups to present innovations to key investors and corporates. To enable international collaboration and market access, presentations will be made to highlight best practices undertaken by international ecosystems to globalise their startup landscapes. Another special feature is a corporate connect programme to provide opportunity to startups to provide innovative solutions to specific problem statements to 5 leading corporates. Corporates would be invited to set innovation labs at the exhibition area. It is proposed to have working models of a few technologies displayed for attendees to experience the same. Areas/sessions will be allocated for attendees to experience innovative technologies like augmented reality, virtual reality, 3D printing, drones, artificial intelligence etc. A panel comprising high-level domain experts, incubator, and investor network will shortlist the most promising set of startups through a robust process.