Every year on 16 th January, India observes National Startup Day. PM Narendra Modi in the year 2021 announced this day as National Startup Day to commemorate the country’s startup ecosystem.
The sector for Promotion of Industry and Internal Trade and the Ministry of commerce and Industry has promulgated a whole week as National Startup week that starts from 10 th to 16 th January.
This year startup week includes awareness sharing meetings for entrepreneurs, or desiring to be entrepreneurs and many facilitator, entailing pertinent stakeholders from the startup ecosystem including Government officials, business accelerators, corporates and investors.
This day has a moto to engage startup ecosystem stakeholders across to stimulus the spirit of entrepreneurship and revolution in the country.
A plan of Action was revealed by PM Modi that consists of 19 action items spanning areas like ‘simplification and handholding ’, ‘ Monetary aid and initiatives’ and industry- academic association and growth.
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Theme for National Startup Day 2023
There is no particularly chosen theme for this day, however the first day of the startup India Innovation Week added programs that involved a seminar or conference for “Founders of Today, leaders of Tomorrow”.
Quotes from Indian Entrepreneurs
- Nishith Rastogi who is the Founder, CEO of Locus, said the quote the National startup Day is a reminder of the limitless capability of entrepreneurship to generate employment, drive significant innovation and authorize strong economic extension for the progress of our country.
- Krutika Lal who is the Co- Founder & CMO of Aretto said the startup ecosystem has seen a change from doubtfulness to nationwide adoption in the previous time, and that we are now entering a new way of exponential growth as e- marketing, digital payments and data democratization which constantly shape the upcoming time of business.
- Chetan Rexwal who is the co- founder of Ekank Technologies said that now we can expect startups to be more focused towards gain and unit economics, that is an economically reliant and profit making model.
