The Yogi Adityanath government in Uttar Pradesh has planned to develop the country’s largest startup ecosystem on the outskirt of Lucknow, according to media reports.
The state has already identified about 40 acres of land near Lucknow Airport for the proposed startup incubation ecosystem comprising data centre, business processes outsourcing (BPO), development centre, training centres etc.
“We estimate that it would take 6 months to forge the necessary tie-ups with other stakeholders and partners on board, while the startup hub would be up and running in the next 3 years,”
UP additional chief secretary (IT & electronics) Sanjiv Saran reportedly said.
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After coming to power, the government had clearly shown its priority towards startups to promote entrepreneurship and generate employment for youth. In fact, the government has talked of holding startup workshops in all the 18 divisions of the state in near future. A panel of 100 mentors has been created for helping the startups in initial stages and facilitating the transformation of their business ideas to marketable products.
Of late, Lucknow has been witnessing a steady scaling up of startup ecosystems in the private sector. The startup infrastructure and support system are growing faster in Lucknow and it is now home to over 400 startups and counting. The UP startup ecosystem is proliferating in all dimensions viz. start-up funding, incubation, hand holding, co-working space, knowledge sharing etc.
It is great to see several states in India working towards making an encouraging atmosphere for the budding entrepreneurs. We hope this helps India to grow more and more.
ALSO READ: Rajasthan setting up largest start-up incubation hub in the country
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