Startup India Innovation Week starts today
- ByStartupStory | January 10, 2023
The Department for Promotion of Industry and Internal Trade (DPIIT) of the Commerce and Industry Ministry is putting up Startup India Innovation Week, which starts on January 10 and aims to promote entrepreneurship and innovation.
The occasion occurs as startups struggle with the so-called fundraising winter, which has resulted in layoffs. Because of the slowdown in coronavirus-induced growth brought on by students returning to schools, colleges, and tutoring facilities, education technology companies have been particularly hard hit.
The ministry stated in a release that the Startup India Innovation Week 2023 intends to include ecosystem stakeholders across the country from January 10 to 16 in order to promote the spirit of entrepreneurship and innovation in India.
According to the press release, it will feature chances like knowledge-sharing sessions for entrepreneurs, prospective entrepreneurs and other enablers, engaging pertinent ecosystem stakeholders like government officials, incubators, corporates and investors.
Throughout the week, there will be organized workshops specifically for women entrepreneurs, incubator training, mentorship workshops, stakeholder round tables, conferences, capacity building workshops, and company pitching sessions.
On January 16, National Startup Day, winners of the National Startup Awards 2022 will be honored.
A ceremony, according to the ministry, will “recognise and celebrate” entrepreneurs and ecosystem facilitators for their success in a variety of industries, sub industries, and categories.
The Startup India Seed Fund Scheme will be evaluated by a third party to determine its practical effects, according to recent statements from the DPIIT.
Despite receiving “excellent” input from incubators and businesses, DPIIT joint secretary Shruti Singh said, “we are still doing a third-party assessment so that somebody on the ground can go and see.”
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