69 startups registered in J&K under Startup India scheme

69 startups registered in J&K under Startup India scheme
PTI
Share
Font Size
Save
Comment
Synopsis

As of now, the J&K government is focussing on sectors such as food processing, agriculture, renewable energy, handicrafts and handloom for promoting startups.

ETtech
Sixty-nine startups have been registered in Jammu and Kashmir under the Startup India scheme, officials said. According to data from the Jammu and Kashmir Entrepreneurship Development Institute (JKEDI), 69 startups have been registered in the Union Territory, officials said here.

As of now, the J&K government is focussing on sectors such as food processing, agriculture, renewable energy, handicrafts and handloom for promoting startups, they said.

To enable the startup ecosystem and create awareness, outreach and scouting of startups,Startupjk.com has also been made live, they added.

The Government of India has announced a Rs 945-crore Startup India Seed Fund Scheme (SISFS), which will be operational from April 1, 2021, to 2025 to promote and boost startup ecosystem across the country.

In the same light, the Jammu & Kashmir administration is working to encourage startups and foster innovation, thereby creating jobs and boost economy, they said.

Read More News on

Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.