Friday, 22 October 2021

 

 

LATEST NEWS Capt. Amarinder Singh has not fulfilled his promises to the people of Punjab during his tenure : Karnail Singh Peermohammad Make All Efforts For Instilling Confidence Of General Public In Law And Order Machinery- Cm To Punjab Police Youth To Be Deciding Factor In Vidhan Sabha Polls : Charanjit Singh Channi Massive protest against Cong MLA Joginderpal at Pathankot Police Commemoration Day observed at DPL Pulwama Intense Dengue control measures afoot Punjab Government To Come Up With A Roadmap To Revamp Education System : Pargat Singh The public knows who did corruption and who went to the court for the same : Vinod Thakur Central University of Punjab organized an Invited lecture on “Universal Human Values” Raja Warring's report card does not include any action against political transport mafia : Dinesh Chadha Tamannah Bhatia among top 10 most influential social media stars in south Being Punjabi an advantage in portraying a 'Sardar' : Pawan Malhotra Debina Bonnerjee's prosthetics for 'Shubho Bijoya' will leave you in shock Government recognizes Purzgars as vital pillar in Shawl Industry Police Martyrs Day observed at DPL Ganderbal, Pulwama Director Agriculture Kashmir inaugurates sale of Vegetable seedlings at Kitchen Garden, Lal Mandi Snow forecast : DC Bandipora reviews winter preparedness Disst. Adm. Kupwara organizes 4 block diwas programmes at Hayhama, Langate, Kalaroos, Tad Sonamarg to be promoted as all season tourist destination : Pandurang Kondbara Pole Charanjit Singh Channi Reviews Preparedness For Progressive Punjab Investors Summit We Should Fight Anti-National Forces Jointly : Gurpreet Singh Bhullar

 

Innovation Mission Punjab launched; will unleash potential of startups to fuel growth

Captain Amarinder Singh, Amarinder Singh, Punjab Pradesh Congress Committee, Congress, Punjab Congress, Chief Minister of Punjab, Punjab Government, Government of Punjab, Innovation Mission Punjab, IMPunjab

Web Admin

Web Admin

5 Dariya News

Chandigarh , 01 Sep 2021

Punjab is an entrepreneurial State with a strong footprint of entrepreneurs across the world and India. It has a burgeoning entrepreneurial ecosystem with ~450 startups, 20+ incubators and Innovation Mission Punjab (IMPunjab) will act as a catalyst to strengthen it. It will rally all stakeholders – academia, incubators, investors, startups, government, progressive farmers, sports people, media, industry, corporates – to create a vibrant startup ecosystem and establish Punjab among the top 3 innovation hubs in India.

Ø  The Mission is a unique public-private partnership, championed by the private sector with strong government backing. As partners Dept of Agriculture, Dept of Industries and Commerce, Mandi Board and Startup Punjab are providing over INR 30 crores in cash and kind, including operating expenses for the first three years, 10 year rent-free lease for 12,000 sq ft at Kalkat Bhavan and support to startups and incubators in the State. The Mission is being chaired by Pramod Bhasin, founder Genpact and Asha Impact.

Ø  Formally launching the Mission at a virtual event, Chief Minister Capt. Amarinder Singh said, “The Mission will unleash Punjab’s growth potential and create a thriving economy by generating jobs and inviting investment.”

Ø  IMPunjab is backed by some of the marquee names in the private sector as well as strong representation from the Government including the existing Additional Chief Secretary and Principal Secretary, Department of Industries and Commerce. Other Board of Directors include eminent leaders such as Saurabh Srivastava, widely acknowledged as an architect of the Indian IT Industry, D.S. Brar, Promoter-Chairman, GVK Bio, noted economist Ajay Shah and award-winning film producer Bobby Bedi. The Mission also has Naina Lal kidwai, Manoj Kohli, Ido aharoni, architect of Brand Israel, Vikram Gandhi, Harvard Business School Professor and co-founder Asha Impact, Kunal Bahl, Sehraj Singh and other business leaders on its Advisory Board.

Ø  The Mission stands firmly on three pillars

o   Pollinator: To create a network of virtual incubators and organise events such as bootcamps, ideathons, pitch days to create a vibrant startup ecosystem

o   Accelerator: An accelerator to provide structured guidance and curated mentorship to startups through sector and stage-specific programs. The accelerator will be set up at Kalkat Bhavan

o   Venture Fund: A INR 150 crore venture fund to support early-growth stage startups. The government will provide 10% of the corpus and guarantees of upto INR 10 crore cumulatively to incentivise early investors.

Ø  The Mission brings a strong convening power and will mobilize a global pool of ambassadors and partners for investment, mentorship and market access. It will leverage the strength of the Punjabi diaspora, allowing them to partake in this renewed growth story of Punjab.

Ø  It will also run focused programs to encourage entrepreneurship amongst women

Ø  Elaborating on the larger objectives of the Mission, Mr. Bhasin said, “We will take far-reaching steps to put Punjab on the global startup map by building impetus for entrepreneurship communities and collaborating with investors, industry and academia. The Mission will play to Punjab’s sectoral strengths, supporting businesses in diverse arenas, including healthcare, pharma & biotech, food & agriculture, manufacturing, media & entertainment and more.”

Ø  Bringing the agenda to life, the Mission announced a one-stop web portal (impunjab.org) and a grand ideathon in partnership with incubators, inviting budding entrepreneurs, young professionals and students across the State.

 

Tags: Captain Amarinder Singh , Amarinder Singh , Punjab Pradesh Congress Committee , Congress , Punjab Congress , Chief Minister of Punjab , Punjab Government , Government of Punjab , Innovation Mission Punjab , IMPunjab

 

 

related news

 

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2021 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD