SUPPORT MECHANISM:

The Delhi city-state has kicked off a consultation process to draft a new startup policy with industry leaders and entrepreneurs, with the goal of making Delhi their preferred destination for startups.

 

IMPLEMENTING AGENCIES:

Delhi chief minister Arvind Kejriwal leads the consultation process. "Right since my IIT days, I have seen some of the most brilliant minds from India go abroad for better opportunities. I believe Indians are the smartest entrepreneurs in the world and all they need is the right opportunity and right conditions to help them thrive," Kejriwal told the media.

The industry leaders who have joined the interaction include:

  • Padmaja Ruparel, co-founder, Indian Angel Network
  • Ajai Chowdhry, co-founder of HCL
  • Rajan Anandan, MD Sequoia Capital
  • Sriharsha Majety, co-founder and CEO of Swiggy
  • Farid Ahsan, co-founder, ShareChat
  • Suchita Salwan, founder and CEO, Little Black Book
  • Tarun Bhalla, founder, Avishkaar
  • Riyaaz Amlani, CEO & MD, Impresario Handmade Restaurants
MONITORING + EVALUATION METHODS:

Making the national capital one of the top 5 start-up destinations in the world.

“The objective of the draft policy is to support entrepreneurs and build a robust economic and policy infrastructure that will create new jobs and bring new competitive dynamics into the current economic system,” read a statement released by the chief minister’s office on August 8, 2020.

CHALLENGES + LESSONS TO DATE:

Welcoming the initiative, Rajan Anandan, Managing Director of Sequoia Capital said, "The National Capital Region (NCR) is already the largest start-up region in India and within NCR, Delhi has the most number of start-ups. The discussion was very good with many points raised on what will take Delhi''s start-up ecosystem to the next level.”

Global Entrepreneurship Network
United States
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