Maharashtra to set up startup hub

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The Maharashtra Government is planning to set up a world-class startup hub in the state on the lines of the T-Hub situated in Hyderabad, Telangana. Chief minister Devendra Fadnavis has directed the information technology (IT) and skill development and entrepreneurship departments to set up a special committee for this initiative.

The committee will also for a study into the existing innovation and start-up ecosystem of the State.

The Maharashtra State Innovation Society (MSIS) will also organise Maharashtra Startup Week, 2018 from June 25-29, in order to provide a platform for startups to showcase their innovative products.

 The State Government wants to promote startups with innovative ideas so that they can be encouraged, engaged and can be processed in the entrepreneurial ecosystem.
The MSIS helps boost innovation driver performance and efficiency in the sector.

 “Startups from sectors such as education, healthcare, agriculture, clean energy, environment, water management, smart infrastructure, mobility, governance, financial inclusion and cyber security are invited to submit their applications for the week,” said Sambhaji Nilangekar Patil, State Skill Development and Entrepreneurship Minister.

More than 100 ventures will present their solutions to an esteemed panel of judges comprising representatives from state government, industry and academia and the top three from each of the 24 sectors will receive work orders of up to Rs15 lakh from MSIS to pilot their solutions and demonstrate proof of concept.

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