New Delhi: After earning the distinction of being the startup capital of India, Delhi is all set to take a leap and become one of the most favoured global destinations for new-age businesses.
Delhi government would be coming out with a comprehensive policy for startups to provide financial support to young and upcoming entrepreneurs, give sustainable infrastructure to scale businesses and access to investors.
After consulting all stakeholders, including angel investors, entrepreneurs, industry bodies, experts and top bureaucrats, Delhi government has finalised the startup policy, which will soon be tabled before the cabinet.
According to the Economic Survey 2021-22, over 5,000 recognised startups were added in Delhi between April 2019 and December 2021, while 4,514 were added in Bengaluru. Interestingly, this was the time when Covid spread across the country and Delhi faced the brunt. It was around the same time that Dialogue and Development Commission (DDC) held consultations with stakeholders, studied the policies of popular global destinations for startups, including Singapore, Tokyo, London and New York, and finalised the startup policy.
This story is from the February 04, 2022 edition of The Times of India Delhi.
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This story is from the February 04, 2022 edition of The Times of India Delhi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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