Startups need more, better incubators: Panel

Hyderabad: India’s start-up culture needs more quality incubators and mentors for further innovation, said speakers at a plenary session on ‘Policy and Innovation’ on Thursday, the second day of the Public Policy Dialogues being held at Indian School of Business (ISB), Hyderabad.

Dr Sapna Poti, director, strategic alliance division, Office of Principal Scientific Adviser, Government of India, said, “The start-up culture in India is a mix of good and bad eggs. On one hand, a substantial number of start-ups are generating massive employment opportunities, on the other hand there are some fly-by-night start-ups which disappear after initial rounds of funding.”

Dr Vijaya Lakshmi Nadendla, joint secretary, Union agriculture department, spoke on the importance of innovation in agriculture and how technology was driving the sector forward.

Highlighting the need to bridge the linguistic gaps between policy implementers and innovators at the grassroots level, Dr Anamika Dey, CEO, Gujarat Grassroots Innovation Augmentation Network (GIAN), said that innovation at the grassroots level does not see the light of the day as there are linguistic barriers. There was a need for policymakers and corporates to bridge this gap.

( Source : Deccan Chronicle. )
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