Chief Minister Raghubar Das earmarked $7.5 Mn (INR 50 Cr) to encourage entrepreneurs in different sectors. He also said that very soon the state would come up with Start-UP Jharkhand policy.
In order to facilitate the same, Innovation and Incubation Centres at a cost of $1.5 Mn (INR 10 Cr) were being set up. He also said that the state would set up an innovation lab with the help of IIM Ahmedabad.
Through this initiative, the entrepreneurs will be encouraged in the sectors like Information Technology, Health, Tourism, Agriculture, Biotechnology, and alternative energy.
State Startup Policies- A Big Boost To Entrepreneurship
Many states have come forward to foster entrepreneurship and to promote the startup ecosystems. A few of them include-
In a bid to boost the startup ecosystem in the state, West Bengal Government launched the State Startup Policy in January 2016. It aims to support and nurture startup ecosystem in the state. The policy is in effect from January 1, 2016 till December 31, 2021.