Haryana Governor-Chancellor virtually addressing the 2nd International Conference on ‘Startup Ventures: Technology Developments and Future Strategies jointly organized by Shri Vishwakarma Skill University, Palwal and Manipal University, Jaipur

Chandigarh, May 19, 2022: Haryana Governor-Chancellor Bandaru Dattatraya has said that higher education institutions (HEIs) should make students proficient in new techniques in an affordable way so that they feel encouraged to become startups. Shri Dattatraya was virtually addressing the 2nd International Conference on ‘Startup Ventures – Technology Developments and Future Strategies’ jointly organized by Shri Vishwakarma Skill University, Palwal and Manipal University, Jaipur, today.
Shri Dattatraya said that startups and the entire ecosystem are the engines of growth for any country. We need to create a positive ambience on the campuses of higher education institutes where students feel motivated to think out-of-the-box. More and more successful startups means more jobs with a lesser amount of investment. If we encourage our students to translate their ideas into business models, we will be making a great contribution towards the goal of Atma Nirbhar Bharat, he said.
He said that India is today the third largest start-up ecosystem in the world after the United States and China with over 65,000 startups. It is getting stronger day by day. On May 2, India saw the birth of its 100th Unicorn. Bengaluru-based neobanking startup – Open – has become India’s 100th startup after raising US dollar 50 million. A large number of startups have been registered on GeM portal and they are getting huge orders from the public entities. There is a need for continuously promoting the startup ecosystem in the country, he added.
It is a matter of pride that at present India has the third largest start-up ecosystem in the world after the United States and China with more than 65 thousand startups. The Government of India as a part of Startup Initiative has implemented Fund of Funds for Startup Scheme and Startup India Seed Fund Scheme across all States/UTs to promote private investment in startups. Under the Startup India Seed Fund Scheme, Rs 945 crore has been sanctioned for a period of four years starting from 2021-2022, he said.
Shri Dattatraya said that let us encourage people to identify good practices, learn from each other and help each other to create a favourable policy landscape for startups. Mentorship to emerging startups is very important. An initiative like ‘Startup Mela’ will provide an ideal platform for startups to showcase their products in front of an accomplished and informed audience.

Caption: Haryana Governor-Chancellor Shri Bandaru Dattatraya virtually addressing the 2nd International Conference on ‘Startup Ventures: Technology Developments and Future Strategies jointly organized by Shri Vishwakarma Skill University, Palwal and Manipal University, Jaipur, Thursday!