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21/09/2018 11:19am

Entrepreneur focused start up policy will soon be announced in Tamil Nadu: MSME Secy

image Entrepreneur focused start up policy will soon be announced in Tamil Nadu: MSME Secy

New Delhi, Sept 21 (KNN) Tamil Nadu government will soon announce a start-up policy with a special focus on entrepreneurship, said Dharmendra Pratap Yadav, State Secretary for Micro, Small and Medium Enterprises.

Yadav was speaking at the Startup Conclave, ‘Startups – The next wave of Indian Economy’ organized by Confederation of Indian Industries (CII).

He said that the new startups policy will focus on grooming an entrepreneur and dealing with major issues during the early stage of entrepreneurship.

He further said, “In the start-up policy, we will first talk about start steps and then about start-up. Start steps are about grooming a person to become an entrepreneur.”

Creating awareness among ‘potential’ entrepreneurs and college students is one of the major focus areas of the start-up policy, Yadav added.

The policy also talks about establishing incubation centers, providing support for co-working spaces, capital seed grant, venture capital fund, close association with educational and research institutes.

In terms of number of start-ups being registered, Tamil Nadu stands at No. 2 position and the state has good ecosystem with facilities like IIT-Research Park.

However, there is lack of awareness among youngsters on various facilities and incentives available to become entrepreneurs.

The plan is to reach out to the maximum number of educational institutions, including engineering, arts and science, and expose students to the prospects of entrepreneurship and opportunities available to become entrepreneurs.

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