The center will organize the very first Startup India innovation week from January 10

NEW DELHI: The Ministry of Industry Promotion and Domestic Trade (DPIIT) will organize the very first Startup India innovation week from January 10-16.
DPIIT Secretary Anurag Jain, briefing the media at a virtual press conference, said Prime Minister Narendra Modi is expected to interact with startups and address Startup India Innovation Week at 10:30 am via video conference on January 15. during a closed-door event.
This week-long virtual celebration of innovation aims to commemorate the 75th anniversary of India’s independence ‘Azadi Ka Amrit Mahotsav’ and is designed to show the spread and depth of entrepreneurship across India .
The week-long event will be kicked off by Minister of Trade and Industry Piyush Goyal in the presence of Ministers of State (MoS) for Trade and Industry Som Parkash and Anupriya Patel. Other prominent speakers at the inaugural session will include Dr K Radhakrishnan, Former President of ISRO, Professor K VijayRaghavan, Senior Scientific Advisor, Government of India, Amitabh Kant, CEO, NITI Aayog, Nandan Nilekani, Non-Executive Chairman, Infosys and many other industry leaders.
Over 150 startups have been divided into six working groups based on themes such as Growing from Roots, Nudging the DNA, from Local to Global, Technology of Future, Building Champions in Manufacturing and Sustainable Development.
The aim of the interaction is to understand how startups can contribute to national needs by stimulating innovation in the country and how the government can help them in this direction. This day will also include the announcement of the winners of the National Startup Awards 2021, recognizing exceptional startups and ecosystem facilitators that build scalable businesses, with high potential for job creation, wealth creation and social impact.
Jain said, “2021 has been recognized as the Year of the Unicorns, with over 40 unicorns added during the year. India is emerging as a global hub of innovation, with the third largest ecosystem of startups in the world. DPIIT has recognized more than 61,000 startups. Our startups representing 55 industries, spread across 633 districts with at least one startup from each state and UT in the country have created more than 6 lakh jobs since 2016. 45% of startups are level 2 and level- 3 cities and 45% of them are represented by women entrepreneurs. Startups have the potential to accelerate India’s integration into global value chains and create global impact. ”
The main objective of this festival of startups and innovation is to bring together startups, entrepreneurs, investors, incubators, financing entities, banks, policy makers and other key national / international actors of the country to celebrate entrepreneurship and promote innovation. Furthermore, to exchange knowledge on the maintenance of startup ecosystems, develop the capacities of the entrepreneurial ecosystem, mobilize global and national capital for investments in startups, encourage and inspire young people for innovation and entrepreneurship, provide market access opportunities to startups and showcase quality, high-tech and frugal innovations from India.
With the participation of States / UTs and various Indian government departments, the week-long program will address key aspects of the startup ecosystem through interactive sessions, workshops and presentations based on themes such as the academic support and mentorship to startups, incubation and support for startup acceleration, market access by business and government to startups, and funding and international avenues to go global. In addition, depending on the themes identified, there will be various parallel activities such as experience stands, pitch or reverse pitch sessions and innovation showcases.
Participation of the Ministry of Education, Niti Aayog, Bureau of PSA, DBT, DST, MeitY, Ministry of Defense and Ministry of Social Justice and Empowerment, among other departments, in various sessions.

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