Goa looking to create robust startup ecosystem: CM – Times of India

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Panaji: Making a strong pitch for Goa to be considered as a hub for innovation and research and development, chief minister Pramod Sawant on Saturday said that all necessary support will be provided to help convert ideas into high growth startups.

Sawant was speaking at the inaugural function of Goa Innovation and Startup Times at BITS Pilani, and said that mentorship, funding and incubation support will be provided to innovators and engineers who have business ideas.

“Nurturing a thriving startup ecosystem is a priority for Goa. Our goal is to enable the ideas to turn into high growth startups with funding. By focusing on our strength around the industry, tourism, sustainability and leveraging the various central schemes that boost the start-ups, I believe Goa has potential to become a startup hub,” said Sawant.

Sawant said that technology can create a positive impact on the society and can serve a greater purpose in tackling problems. He also said that the state is creating a holistic ecosystem to skill, reskill and upskill youth, while also providing avenues for academic growth, entrepreneurship development and employment opportunities. He added that hands-on training is being provided to college students to make youth career-ready.

“We can create the next generation of job creators by mentoring, providing infrastructure and market access to them. The Goa government stands ready to actively support companies and startups that can accelerate the state’s vision to become an attractive hub for research, innovation and entrepreneurship,” said the chief minister.

He said that to create a startup ecosystem, the state is “nurturing bright minds and ideas” and also creating a conducive centre of excellence for startups.

Sawant listed funding mechanisms, ease of doing and opening business, and global collaboration as factors that will transform Goa into an innovation and start-up hub. He pointed out that Goa has deployed innovative technology in the healthcare sector and in agriculture. “We must make entrepreneurship more aspirational for Goan youth. For this the spotlight has to be on local startup success stories and inspire many more,” said Sawant.

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