Prime Minister Narendra Modi virtually unveiled MP Startup Policy 2022. The Startup Policy and Implementation Plan — 2022 for Madhya Pradesh aim to promote startups and encourage entrepreneurship in the state, said a statement.
Prime Minister Modi also launched the Madhya Pradesh Startup Portal, which will serve as a one-stop shop for entrepreneurs seeking information and guidance on launching a startup. The portal will be integrated with the startup portal of the central government.
Speaking on the occasion, Prime Minister said, “Today, the Indian start-up policy space is extremely proactive, along with an equally hard-working and agile start-up leadership. Consequently, the country is headed towards a new wave of development driven by new energy. We have come a long way, and today, the Madhya Pradesh portal and i-Hub Indore have been successfully launched under the start-up policy of the state. I want to congratulate the government of Madhya Pradesh for this exceptional feat.”
Elaborating on developments in the country's start-up sector, the Prime Minister said, “In the last eight years, we have been able to build the third-largest start-up ecosystem with over 70,000 recognized start-ups, and we are emerging as one of the biggest unicorn hubs in the world. Today, India sees one start-up every 8 days on an average, and this fact is a testament to the might, determination, and never-dying spirit of India's youth.”
Madhya Pradesh Chief Minister Shivraj Chouhan, said, “Today we have the capacity, skill and the abilities. Tum Mujhe Ideas do, main tumhein avsar doonga. (You give me ideas, I will give you opportunities) We have innovative ideas also, if we are able to put them in the right direction with the right support, then not only Indore, but the whole of Madhya Pradesh will become the start-up capital of India. Just like we became number one in wheat production, we will also become number one in establishing start-ups in the country.”
MP Startup Policy 2022 promotes startups and encourages entrepreneurship
Participating in the programme, Om Prakash Saklecha, Minister of MSME, and Science & Technology, MP Government said, “From the thought process to the creation and launch of the Madhya Pradesh start-up policy and implementation plan 2022, Madhya Pradesh has created a new record.
Speaking about the efforts being made by the central government to strengthen the start-up ecosystem in India, Anurag Jain, Secretary, DPIIT, Government of India said, “Start-ups are the future wealth-creating phenomenon of India. In the next 25 years, this world will be driven by knowledge and innovation, and Indian start-ups will lead the way. We need to start focusing more on social issues like global warming and sustainability. Start-ups can find solutions by identifying the problem correctly, and the Government of India is committed to provide all possible support.”
Madhya Pradesh has over 1,900 start-ups with more than 800 startups founded by women entrepreneurs. The state is an agricultural powerhouse and aims to promote more than 200 start-ups in the agriculture sector with special emphasis on product-based startups.