Breaking News

53 startups in state are presently certified

PANAJI: Stating that the government is ready to give all that is promised in the IT Startup Policy, Rohan Khaunte, IT minister, on Friday, disclosed that, 53 startups in the state are presently certified under the Goa Startup Mission.

Several among the certified startup units have started receiving monetary incentives in the form of re-imbursements, according to the IT minister, who added that, 91 per cent of the units are Goan while, the remaining are outside startups with local offices.

“The state IT Startup Policy is fully under implementation, said, the IT minister. He said that, Goa is the second state after Orissa to have actually implemented the startup policy under the central government’s Startup India Mission.  

Urging local startups to take maximum mileage of all that is on offer, Khaunte said, “The government is making the ecosystem live through workshops, IT events and bringing in investors. Now it is up to you to scale up.”

He said that, government’s purpose in encouraging startups is to create employment and infrastructure by way of last mile connectivity and fiber- to- the- home will be provided by 2019 end.

Most of the 53 certified startups are in IT enabled services and some are in education and healthcare. The government is aiming for at least a few among them to be officially labeled as success stories.

Khaunte was speaking at the CII-Goa, Corporate Startup Connect Series event in Panaji which is the first step under the MOU signed between the state government and the trade body to promote state as a startup destination.

“So far the government has disbursed Rs 33 lakh as incentives to the certified startups and will shortly disburse another Rs 70 lakh taking the total incentives to Rs one crore,” said Ameya Abhyankar, IT secretary.

Abhyankar pointed out that, the state startup policy has 14 schemes all of which are in operation. “The government is planning to have a capital grant scheme wherein Goan industrialists who wish to set up co-working spaces will get capital incentives.

Goan IT stalwart Ashank Desai, founder Mastek, was present in the event. Speaking from experience, he said that, most startups lack in industry connect and it is important for the state to have knowledge-based companies.

The CII-Goa startup connect event is the first of corporate connect series by the trade body to showcase budding startups from all states. The half- day event aimed at primarily integrating Goan IT startups with the Indian IT industry ecosystem.

Local startup unit owners turned up in full strength for the event which was also attended by potential investors, venture capitalists, mentors and high net worth individuals. Founders of three successful startup companies, Greg Moran, co-founder and CEO, Zoom Car, Gaurav Verma, co-founder, CarWale, Jay Krishna, founding CEO, T-Hub, shared their growth stories. Eleven local startups pitched their ideas to investors and will hopefully receive future funding. Mumbai Angels Network was the knowledge partner for the event. 

Check Also

Last date of GSTR form submission extended

New Delhi: The Government on Thursday extended the due dates of filing of Form GSTR-9 …