Rajasthan is home to entrepreneurs and innovative thinkers. Across the State, millions of youngsters full of brilliant ideas, modern thinking and extraordinary skills are ready to join the already buzzing start-up drive. Leveraging this quality of the business-minded individuals of the State, the Government has conceptualised an integrated startup platform called iStart, observes Ahmad Shariq Khan of Elets News Network (ENN).
iStart is a one of its kind end-to-end start-up development platform to foster innovation, create jobs and facilitate investment.
The programme aims to nurture entrepreneurship and it not only provides an impressive platform for investors but also has created a competitive environment amongst the youngsters working in the start-up domain.
iStart, in addition to acting as a one-stop solution for start-ups, incubators, and Venture Capitals (VCs) for ease of doing business, helps start-ups connect with investors, accelerators, and incubators, thereby assisting in building an environment where there would be an easy access to knowledge-exchange and funding.
It’s worth mentioning here that there is a provision of Rs 500 crores by the State Government for matching funds to start-ups, including a separate provision for women and Green IT start-ups.
Sub Initiatives under Rajasthan Start-up Ecosystem
QRate: Qrate is the only start-up rating mechanism in the country, accepted by all leading VCs and investors. It is an assessment programme which provides a detailed report on the start-ups potential and investment worthiness. Much like a health check-up report from a diagnostic lab, QRate scorecard and assessment report provide start-up founders actionable insights to help them strengthen their business plan and improve their chances of getting funded. Under this programme, boot-camps are organised to help start-up owners refine their product, strategy, and business plans. Currently, all start-ups in Rajasthan are Q-Rated.
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