Under Haryana startup policy, Gurugram to get an Innovation centre

The millennium city Gurugram is all set to get a Centre for Innovation and Entrepreneurship (CIE), under state’s new startup policy, which is going to be unveiled during Digital Haryana Summit, a joint initiative of Government of Haryana & NASSCOM.

In an attempt to make it easier for entrepreneurs to launch and run businesses in the state and to align it with ‘Digital India’ vision of Prime Minister Narendra Modi, the Haryana government led by Manohar Lal Khattar is set to launch its own startup policy which will be held on 15^th September in Gurugram.

Other than the CIE, the draft also mentions a start-up warehouse and a mobile application development centre in Gurugram.

Under infrastructure augmentation a 10,000 square feet warehouse, a 4,000 square feet mobile application centre and a centre for innovation and entrepreneurship will be built in Gurugram.

On the lines of Karnataka, the project will be developed in private public partnership (PPP) model, wherein the state government will associate with academic institutions and industry leaders.

The government would also provide fiscal incentives to incubators, including capital subsidy, reimbursement for recurring expenses, and exemption on stamp duty and registration. A committee will also be constituted under the chairmanship of the IT secretary, to monitor the implementation of the policy.

"The policy will follow the draft which was released earlier, but we'll consider suggestions submitted to the government," said Vijyander Kumar, secretary, electronics and IT department and MD, HARTRON (Haryana State Electronics Development Corporation Limited), reports TOI

Earlier, the state government had said, it would create a corpus of Rs 200 crore, to be utilised at two levels — firstly to incubate ideas and secondly to support them financially through venture capital funds for scalability.

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According to officials of the IT department, the state government has worked with KPMG and Nasscom on the policy for over two years, and they are committed to working with the local ecosystem to strengthen it further.

Haryana's startup environment is largely restricted to Gurugram. While many entrepreneurs want state government to start pushing Gurugram as a startup hub, there are also suggestions to push entrepreneurship in other cities

According to the draft policy, the government also planning to have incubation centres in all parts of the state.

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