National Startup Advisory Council 2023, Union Commerce and Industry Minister Piyush Goyal will chair the 6th meeting of the National Startup Advisory Council (NSAC) in New Delhi today (March 11). According to the Ministry of Commerce and Industry, with the theme of India in 2047, NSAC will deliberate on matters critical to the development of the Indian startup ecosystem and cover important topics such as the tech landscape and the way forward, innovation in logistics, manufacturing . India Global Skill Market, Innovation Hub, Women Entrepreneurship, Capacity Building for Domestic Capital, Thematic Seed Fund etc.
Goyal is expected to launch the Startup India Investor Connect portal, conceptualized by NSAC and co-developed by DPIIT and SIDBI, at the meeting.
NSAC was constituted by the Union Government to advise the Government on the measures required to create a strong ecosystem for nurturing innovation and startups in the country, resulting in sustainable economic growth and large scale employment opportunities. NSAC comprises members from relevant line ministries, departments and organizations and non-governmental members representing various stakeholders such as founders of successful startups, veterans who have grown and expanded companies in India, investors, incubators and Persons representing the interests of the accelerator, representatives of associations and stakeholders of startups and representatives of industry associations, the ministry statement said.
NSAC has been instrumental in identifying areas of intervention for expansion of startup ecosystem and conceptualizing and nurturing national programs under the Startup India initiative. Programs like MAARG, National Mentorship Program, Incubator Capacity Development Program, Adoption of NavIC Grand Challenge, Startup Champions 2.0 etc. are some of the programs that NSAC has initiated, the ministry statement said.
(with inputs from agencies)
Read also: Global Investors Summit 2023: There is a ‘wave of development’ in Uttar Pradesh, says Piyush Goyal
Read also: Adani Controversy: Indian Regulators Are Very Capable To Handle The Situation, Says Piyush Goyal