6 Day-Long India Startup Week by Indian Chamber of Commerce Concluded with 1000+ Registrations
News Desk, News Nation 360 : As a responsible industry body of the country, the Indian Chamber of Commerce (ICC) has always been partnering with the Government of India for the cause of facilitating various developmental initiatives. “ICC India Startup Week” is one such flagship initiative of ICC to foster growth and employment for the youth in India. The structure of the programme was quite comprehensive. Apart from the various Indian States, some foreign countries also took part in the program with the bouquet of incentives and facilities on offer and tried to attract investment from the Indian Startup community. One of the main reasons behind this may have been the fantastic resilience that Indian Startups showed against the headwinds of Covid 19. The global business fraternity is now highly in favour of creating “Startup Ecosystems”, which are “Small but steady”. Starting with Fintech, Edutech and DeepTech the discussion reached the arena of HealthTech and Agri-Tech. Even relatively new areas like Defense and Construction have also come under the purview of discussion. Incubation Centres, State Investment Promotion Boards, Angel Networks, Banks, Healthcare Consultants, Academia – representatives participated from all spheres related to the Startup ecosystem. There were pitching sessions by private players, Masterclasses by experts etc. This year, ICC India Startup Week was conducted virtually from 4th to 9th October 2021. The week-long program involved many thought-provoking deliberations, exchange of ideas among the stakeholders, sharing of information, state policies, investment pitching etc. Both private and public sector players took equal part in this program and tried to take advantage of this forum. To sum up, the entire 6-day long programme zeroed in on handhold Indian startups in all possible ways. In every step of forming a startup: to ideate, calculating financial requirements, sources of funds, utilizing government provided incentives, getting the help of industry experts to operate with efficiency etc were all part of the discussions held. Commenting on the outcome, Vikash Agarwal, President of, Indian Chamber of Commerce said that they think that the programme has served its purpose. It has been a great encouraging experience for them and they hope to continue with this endeavour in future. The outcome of the programme has been impressive in terms of some statistics. Total six (6) Indian States took part in the program (Odisha, Karnataka, Meghalaya, Uttar Pradesh, Puducherry, Kerala) along with four (4) foreign countries (South Africa, Nigeria, South Korea, Russia).
Report : Anustup Kundu