Startup-20's two-day inception meeting begins in Hyderabad
Tags: Economy/Finance National News
A two-day inception meeting of the Startup-20, the new engagement group of G-20 initiated by India, has begun in Hyderabad on 28 January.
An overview of the news
Union Tourism Minister G Kishan Reddy, G-20 Sherpa Amitabh Kant, Startup-20 President Chintan Vaishnav, JS Ashish Sinha from G-20 Secretariat and around 180 delegates from G-20 participated.
As part of India's G20 presidency, a number of meetings and events will be held at various places across the country.
It will provide a common platform to startups from G20 member countries to discuss a range of issues related to their establishment and operations.
It aims to bridge the knowledge gap in the startup ecosystem economies of the member countries.
This will help the government to make startup friendly policies.
About Startup -20
Startup 20 is an important working group in the context of the need to generate more entrepreneurs for a growing economy.
Startup 20 is based on three distinct pillars which include Foundations and Alliances, Finance and Inclusivity and Sustainability.
The main objective of Startup 20 is to create a conducive environment for startups by increasing synergy between startups, corporates, investors, innovation agencies and other key ecosystem stakeholders.
With its rich background of culture of innovation, Hyderabad is an ideal location for the inception ceremony of Startup 20 of G20 group.
Startup 20 activities will include five events including Inception Meet, Summit and three other intervention events in different parts of India.
Startup 20 Summit will be held in Gurugram from 3rd July.
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