Gujarat has created a conducive startup ecosystem by implementing several changes in regulations and clauses, and the state is on its way to becoming one of the most progressive destinations for such ventures, according to state minister Harsh Sanghavi on Monday.
Speaking after inaugurating ‘Empresario’, the annual festival of Entrepreneurship Development Institute of India (EDII) on the occasion of National Startup Day, he said Gujarat has successfully addressed the concerns of startups through innovative and sustainable solutions, and by setting up incubators and accelerators.
He said that “Gujarat is on the road to being one of the most progressive startup destinations in the country through a merger of proactive policies, strong institutional setup, and dynamic participation of the private sector.”
He said the ‘Stand Up India’ and ‘Start Up India’ schemes were launched in 2016 and since then more than 80,000 startups have been registered, while some 100 unicorns. It is heartening to note more than 48 per cent of startups are by women, the Minister of State for Home, Industries and Cultural Activities in the Gujarat government said.
Minister said that “Gujarat has introduced several changes in regulations and clauses to create a conducive ecosystem. We see active collaboration between government, industry and institutions, association of startup hubs of India with startups in the state and creation of intrastate regional centres for startups.”
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