The Delhi Government has approved a ₹400 crore Start-up and Incubation Policy to promote innovation and entrepreneurship over five years. The initiative will support start-ups through incubation centres, funding, mentorship and investor access, aiming to turn young people into job creators.
New Delhi, July 16: The Delhi Government has approved the Delhi Start-up and Incubation Policy with the aim of giving a fresh push to innovation, research and entrepreneurship in the national capital.
Under this ambitious policy, more than Rs 400 crore will be invested over the next five years. Chief Minister Rekha Gupta said the policy is designed to develop Delhi into one of the country's leading hubs for innovation and entrepreneurship while ensuring that young people receive every possible support to turn their ideas into successful start-ups.
As part of the initiative, the government will also organise an Annual 'Delhi Start-up Youth Festival', which will bring together young innovators, educational institutions, start-ups, investors, industry representatives and policymakers on a common platform to showcase new ideas, build partnerships and inspire entrepreneurship among the youth.
Policy To Boost Start-up Ecosystem
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