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Goa meet agenda: G20 nations look at common framework to define start-ups

A finance task force will unlock financing of start-ups in general for nations to invest in these enterprises and also for cross-border investments

Shreya Nandi New Delhi

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2 min read Last Updated : May 29 2023 | 8:10 PM IST

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The Startup20 engagement group’s upcoming meeting in Goa will see G20 nations having discussions on creating a common framework to define start-ups. This will not only aid in policy making but also help investors and other stakeholders.

The framework of choices will help countries create a definition.

“The idea of the foundation is to come up with a start-up definition framework, which is applicable across different economies. When you talk about global start-up ecosystems coming together, working together and becoming interoperable, you realise that there are no common definitions of start-ups across these nations,” Startup20 India chair and mission director Atal Innovation Mission, NITI Aayog Chintan Vaishnav said on Monday.