Time for Start Up India, Stand Up India!
Following Prime Minister Mr. Narendra Modi’s clarion call of “Start up India, Stand up India” from the ramparts of the Red Fort – Nasscom, TiE, and IIM Ahmedabad’s Centre for Innovation Incubation and Entrepreneurship (CIIE) are hosting the first ‘India-U.S. Startup Konnect’ in the Silicon Valley on 27 September, to showcase the strengths of India’s startup ecosystem.
With the “Start up India, Standup India”, the Prime Minister has put his emphasis squarely on entrepreneurship and job creation, announcing incentives for companies that generate employment and promote bank financing for startups by the underprivileged.
Standing Up & Be Counted
Crafting the India of tomorrow is India’s collective responsibility. With India-U.S. Startup Konnect, the country aims to showcase success stories of Indian entrepreneurs to highlight the rapidly rising global impact of technology innovation from India. India will also aim to further accelerate the strong interface that exists between India and U.S. start-up ecosystem.
These startups are representative of the changing India where apart from just creating solutions for the upper middle-class urban consumer of India, the innovators are leveraging technology and their experiences to create massive impact by solving some tougher problems.
The success of this initiative will depend on how innovatively we can use the technology as well as human resources available in our country. The call is for young technologists, that instead of looking for job opportunities, they may aim to become entrepreneurs who create job opportunities for people.
Through startups and entrepreneurship one can create wealth for the nation, society and people, which will be the biggest contribution to inclusive and sustainable development of our country.
The day-long event, on the sidelines of the Prime Minister’s visit to the Silicon Valley, will highlight the multiple dimensions of Indian innovation capabilities, represented by more than 30 startups across a variety of sectors such as agriculture, healthcare, energy, financial inclusion, and biotechnology, as well as leading technology business incubators in the country.
These startups are also exhibiting their products, prototypes, and achievements to investors and other potential Valley partners. The Prime Minister’s visit will encourage the Indian startups showcasing their products there. In a first, the Prime Minister will address the India-U.S Startup Konnect, and share his vision on “Start up India, Stand up India”.
Start-UP Exchange
At this event, Nasscom will also sign an MoU with TiE Silicon Valley to facilitate a Start-up exchange and collaboration program. IIM Ahmedabad’s business incubator CIIE shall be signing MoUs with corporates and academic partners in the U.S. to collaboratively build and scale-up disruptive innovations for India, through financial assistance and collaboration.
The highlight of the day-long event is an exhibition by innovative Indian startups — often working under the radar across areas as diverse as healthcare, agriculture, energy, technology and aerospace.
Well, it may be a time now Indian entrepreneurs to stand up and be counted and for Start up India, Stand up India!