As a part of its Vibrant Summit, Gujarat government is going to organize ‘Vibrant Gujarat Startup Summit’ on October 21-22. This will be first of its kind event dedicated to the start-ups. It will be held at Mahatma Mandir in Gandhinagar.
The event would be organised in association with Federation of Indian Chambers of Commerce & Industry (FICCI) and Entrepreneurship Development Institute of India (EDI).
The event will see participation from more than 3,500 delegates from across India. The participation will be from various domains such as incubators, entrepreneurs, innovators, venture capitalists, business model creators, consultants, policy makers, mentors, and academicians.
Arvind Agarwal, Additional Chief Secretary, Industries and Mines said:
It would be in the run-up to the Vibrant Gujarat Global Summit to be held in January next year. To focus more on this sector, we have decided to organise a special summit for start-ups. This summit is for everyone who is interested in learning how to build and grow a business from ground up.
Delegates will attend around 20 sessions with more than 50 national and international speakers. We have also planned pre-event roadshows in Surat, Vadodara, Mumbai, Hyderabad and Bengaluru. Last year Gujarat Government announced its policy on start-ups. At present there are around 100 active start-ups in the state which are involved in 47 projects. Under the policy we have disbursed a grant of Rs 2.3 crore to 20 incubators which are supporting these ventures.
The state had earlier announced startup policy for startups with tax benefits and stipend for the entrepreneurs for three years. With such initiatives, the state seems to be going into the next establishing Start-up Mission.
It will have several intellectuals who will advice Government about this industry. This entity will also scrutinize applications of budding start-ups and provide guidance to incubators.