Rajasthan Government unveils Rajasthan Startup Policy – 2015

Rajashthan Government has unveiled Rajasthan Startup Policy- 2015 to galvanize the start-up ecosystem in the state and provide them required sustenance to the entrepreneurial talent.

State’s first start-up policy was unveiled by Chief Minister Vasundhara Raje at Jaipur in the Rajasthan Startup Fest 2015.

Key features of Policy

  • Aims to strengthen the start-up eco-system in the state by setting up 50 incubators or accelerators like establishments.
  • Seeks to support and incubate around 500 innovative start-ups from the state and create 100,000 square feet of incubation space.
  • Mobilise angel and venture capital of 500 crore rupees for start-ups in the next five years. They will be provided with sustenance allowance of 10,000 rupees per month for a year.
  • Start-ups will be also provided with marketing assistance of 10 lakh rupees at launch stage

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Categories: States Current Affairs - 2017

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