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G20-Startup20 Engagement Group to launch Handbook for common terminologies

Updated: Jan 25, 2023 10:39:18am

G20-Startup20 Engagement Group to launch Handbook for common terminologies

Hyderabad, Jan 25 (KNN) The G20 Startup20 Engagement Group will hold its inception meeting in Hyderabad from January 28 to 29, 2023, featuring delegates from G20 nations and nine special invitees from observer countries, representatives from multilateral organizations as well as the Indian start-up ecosystem.


Expected outcomes and key deliverables of Startup20 include the official Policy Communique, a Start-up Handbook with a set of commonly agreed upon definitions and terminologies, a Global Innovation Centre to foster collaborations across borders, and promotion of Startup20 as a Global Point of Contact for start-up ecosystems worldwide.

Formed under G20 after India assumed presidency it is anticipating a productive development of policy recommendations on entrepreneurship and innovation priorities of and across G20 countries for the years ahead.

The meeting will create a global narrative for supporting start-ups and fostering synergies between start-ups, corporates, investors, innovation agencies, and other key ecosystem stakeholders.

Startup20 India Chair Dr. Chintan Vaishnav stated that as the world's third-largest start-up ecosystem, India is well-positioned to lead the charge in supporting innovative start-ups, particularly in the sectors of global importance.

The Startup20 Engagement Group will work to harmonize the global start-up ecosystem through consensus-based definitions and promote a global community of knowledge sharing among start-up ecosystems to explore opportunities.

“Additionally, we aim to create supportive policies for industry players and government organizations to work with startups,” Chintan asserted.

The Startup20 has three main taskforces; the Foundation and Alliances Taskforce, Finance, and Inclusion and Sustainability.

The Startup20 activities will span over five events, starting with the inception event on January 28-29, 2023 in Hyderabad and the summit event on July 3, 2023 in Gurugram.  (KNN Bureau)


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