Piyush Goyal launches US Startup SETU to connect start-ups in India with US-based investors, leaders

New Delhi, Sept 7 (KNN) The Minister of Commerce and Industry Piyush Goyal launched the US Startup SETU-Supporting Entrepreneurs in Transformation and Upskilling programme in the Bay Area of San Francisco on Wednesday.

The primary aim of this initiative is to connect start-ups in India to US-based investors and start-up ecosystem leaders. It will provide mentorship and assistance to startups in various areas including funding, market access and commercialization.

The programme was launched at a meeting held to discuss prominent issues related to start-up ecosystem in India.

“One of the key takeaways from the meeting is that the Bay Area is very bullish on India, very excited about the potential that India, Indians and Indian startups and Indian businesses have to offer,” Goyal said after the meetings.

He further said that “we’ve launched the SETU programme where we are looking at supporting entrepreneurs through transformation and upskilling initiatives. we’re also looking at a programme that the startup advisory council had initiated in India in which mentorship is being initiated particularly in tier-2, tier-3 and tier-4 towns and remoter areas.”

As India heads towards becoming a supreme start-up destination, MAARG is playing a significant role in this journey. Over 200 mentors have been on-boared on MAARG across the globe. The applications have come from distinguished individuals representing the industry and the startup ecosystem.  (KNN Bureau)