On January 16, Commerce Minister Piyush Goyal launched the Bharat Startup Grand Challenge for entrepreneurs to mark the completion of nine years of the government’s Startup India programme.
Bharat Startup Grand Challenge will give an opportunity to startups and innovators to face challenges in different sectors in collaboration with 20 large corporations.
This includes renewable energy, agritech, healthcare, robotics, cleantech, blockchain, semiconductor, social commerce etc.
To bridge the gap between corporates and startups, the Challenge will provide procurement opportunities, cash prizes, funding and mentoring as well as capacity building measures for startups.
The government aims to launch 75 challenges across sectors by the 2026 anniversary of the Startup India programme to boost innovation in the country.
The updated Prabhaav guide, a nine-year factbook on DPIIT’s Startup India program highlighting India’s entrepreneurial journey and the rise of women entrepreneurs, was also launched by Goyal.
National Startup Day announced by Prime Minister Narendra Modi in 2022 to mark the Startup India initiative launched by the government on January 16, 2016, underlines the growth of Indian startups over the past decade and more.
