Chandigarh, Aug 31 (KNN) Chandigarh will soon come up with its own startup policy, a dedicated startup hub and a seed fund, said Chandigarh adviser Dharam Pal said on Tuesday.

While addressing the Chandigarh Startups Session, Pal said that a draft scheme has already been published to invite comments and suggestions from stakeholders.

The session was organised by the Confederation of Indian Industry (CII), Northern Region under its flagship initiative,the Industry Connect Platform for Startups (ICONN) 2022.

As per reports, the UT administration has already begun studying the data from the economic census, private research platforms, ministerial press releases and views from the key stakeholders to come up with a better policy.

Speaking at the occasion, Kris Gopalakrishnan, chairman of CII Centre of Excellence on Start-Ups and Entrepreneurship and co-founder, Infosys Limited, said, “It is the collective responsibility of the industry, angel investors, academic institutions, and the government to work together to build a robust startup ecosystem in any state or city.”

“We need to nurture startups in new and innovative areas along with strengthening and growing the startup ecosystem in Chandigarh. The UT will have to work with Punjab and Haryana to effectively utilise resources in surrounding areas,” he said.

Highlighting CII’s role in promoting startups, Rajiv Kaila, Chairman, CII Chandigarh UT said, “CII is currently working with 90 start-ups directly and indirectly working towards helping start-ups with a 5x revenue growth. The COE shall also conduct Masterclasses for government officials on how to work with startups.”

(KNN Bureau)