In response to Startup India initiative launched by Prime Minister Narendra Modi, more incubators are coming forward to encourage ‘out of the box’ ideas by startups, according to Chander Mohan, Head, Science for Equity Empowerment and Development (SEED), Department of Science and Technology, Government of India.
He was speaking at an interactive session with students on Sunday at a programme organised by Institute of Bioinformatics and Computational Biology in association with IEEE (Institute of Electrical and Electronics Engineers) on internship preparation and entrepreneurship development.
Dr. Chander Mohan said that as many as 18 incubators and several academic institutes were supporting 12,000 new enterprises across the country. Incidentally, the number has gone up during the past one year, which is more than the incubators that had supported the startups by young entrepreneurs in the last one-and-half decade.
Dr. Mohan said there were ample number of opportunities in working out solutions to common problems faced by people in the field of health care, food, financial services, and derivatives, and cited how a tea vendor pedalling his cycle sells 6,000 cups of tea per day at Rs.5 per glass by supplying it at the doorstep.
Officer-in-charge of Women Scientists Scheme in the Department of Science and Technology H.B. Singh said the government was offering several incentives to encourage women empowerment by encouraging research and development.
Prof. Allam Appa Rao, Director of C.R. Rao Advanced Institute of Mathematics, Statistics and Computer Science, Hyderabad, said budding science entrepreneurs should explore opportunities in health care through tele medicine with the help of EMR. IEEE India Council chairman Amit Kumar presided.
