AIC – SMU Technology Business Incubator facilitated the Startup20 Sabha- Townhall and Public Consultations

The Startup20, G20 India collaboration with AIC – SMU Technology Business Incubator orchestrated a ground breaking event, the “Townhall and Public Consultations”. The occasion witnessed the enthusiastic participation of numerous startups from North East along with State Government officials from the Department of Commerce and Industries and Sikkim Entrepreneurship and Economic Development (SEED Cell). The event was specifically designed to foster constructive discussions and gather crucial feedback on the Draft Policy Communiqué of Startup20, an essential component of the Indian Startup Ecosystem.

The townhall event served as a platform for startups, industry experts, and government representatives to engage in productive dialogue, exchange ideas, and collectively contribute to the growth and development of the startup landscape. It showcased the commitment of the Startup20 and AIC-SMUTBI in facilitating an inclusive and collaborative environment where startups can thrive and receive the necessary support to reach their full potential.

The gathering also witnessed the presence of startups from various sectors, including technology, education, health-tech, media-tech, among others. Their presence added immense value to the discussions, ensuring a diverse range of perspectives and insights being shared.

The primary objective of the townhall was to solicit feedback, stimulate meaningful discussions, and encourage constructive comments on the draft Policy Communiqué of Startup20. The draft policy document is designed to provide a comprehensive framework on five major components: Foundation, Alliance, Finance, Inclusion and Sustainability. With the purpose of supporting and nurturing startups, empowering them to become key drivers of economic growth and innovation. By inviting input from the startup community and government officials, the townhall aims to ensure that the policy addresses the specific needs and challenges faced by startups, thereby fostering an enabling environment for their success.

During the event, participants had the opportunity to engage in interactive sessions, and networking opportunities to delve into the various aspects of the draft Policy Communique of Startup20 for discussion. It is also in continuation of the draft policy that was prepared by the Startup20 during the engagement group meeting of the five task Forces in five venues in Gangtok during March’23.

The participants in the event, expressed their enthusiasm about the discussions in the newly formed startup ecosystem and highlighted the significance of such collaborative efforts in strengthening the ecosystem.

The team of AIC-SMUTBI extended their gratitude to all the participants, startups, government officials, and industry experts for their active engagement and invaluable contributions to the event’s success.