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HomeAgrotechStart upsPM to launch Madhya Pradesh start-up policy on May 13

PM to launch Madhya Pradesh start-up policy on May 13

A startup centre will be established to support startups

The Madhya Pradesh government is launching its Startup Policy and Implementation Plan – 2022 to promote startups and encourage entrepreneurs in the state. Prime Minister Narendra Modi will launch virtually, Madhya Pradesh’s Startup Policy and Implementation Plan, 2022 at the Brilliant Convention Center, Indore on May 13, in the presence of the Chief Minister of Madhya Pradesh Shivraj Singh Chouhan.

The startup policy has provisions to strengthen and bring to reality the entrepreneurial ideas of the youth of the state. A slew of events is planned across the state to drive awareness about the Madhya Pradesh Startup Policy.

The Sagar Smart City Incubation Centre, SPARK has made rapid strides in promoting Madhya Pradesh Startup Policy 2022. A series of policy awareness boot camps and workshops have been organized in various educational institutions, business establishments, and among the startup community, including Government ITI College, Edina Institute of Science, in Sagar.

Concurrently, about 18 startups are being incubated under the Smart City project in the Gwalior district. The government has selected several ideas from around 50 startups in the region for which a special workshop will be organized on May 11. This would be done to help understand the needs of these needs and to ensure that these ideas come to reality under the new start-up policy.

P Narhari, Secretary MSME Department, Government of Madhya Pradesh said, “The new Startup Policy is quite different from the old policy. One important feature being added in the MP Startup Policy 2022 is the concept of ‘MP Startup Centre’. Earlier, only one policy was being implemented by the department, but now this will be implemented in tandem with the MP Startup Centre. The startup centre will have a dedicated office, a head/mentor for every startup and experts from the relevant field, who will help the startup community.”

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