Today, we had a call with a startup based in Singapore that is interested in setting up operations in India as well, specifically in the domain of Quantum Computing.
- Awareness about the Status of India’s Startup Ecosystem and Support for New Startup Operations:
Many key Government initiatives and programs are available online on websites such as Startup India, MSME, BIRAC, and StartupTN. One can explore Central and State Government information based on domain and geographical requirements. Under the Startup India initiative, eligible companies can get recognized as Startups by DPIIT, in order to access a host of tax benefits, easier compliance, IPR fast-tracking & more. For more information one could visit website such as https://www.startupindia.gov.in - Enablers for Startups to Set Up Innovation Centers:
India’s startup ecosystem is bolstered by various enablers such as Technology Business Incubation (TBI) centres, which provide incubation facilities, mentoring, innovation labs, and grant and fund assistance. For more information, one could visit NSTEDB or other relevant domains. Additionally, India has a significant talent pool of advisors and mentors to support startup initiatives. Alongside these, there are abundant opportunities through private accelerators, angel investors, venture capitalists, and innovation management consulting firms. -
Bridging Skill Gaps and Getting Relevant Resources and Support in Domains such as Quantum Computing:
India offers significant talent and opportunities to acquire trained resources or students with immense talent who can be groomed with required specific skills. One effective way is to identify programs that match the startup domain area and enroll in them or choose a TBI with specific thrust areas associating with leading education institutions or leading private or institutional innovation hub / incubation centres.
Overall, India wholeheartedly welcomes startups to initiate and scale their innovations, offering a plethora of benefits within a robust ecosystem. Welcome to India! For more information and assistance, you can register on our website.
