Current Affair (15 January 2022): National Startup Awards 2021; National Startup Day will now be celebrated on 16 January

Prime Minister Shri Narendra Modi, today announced that January 16 will be celebrated as National Start Up Day.

The Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, Shri Piyush Goyal presented the National Start Up Awards 2021.

Shri Goyal said, realising the contribution of Startups towards nation-building, the Prime Minister Shri Narendra Modi today announced that January 16 will be celebrated as National Start-up Day, to take the Startup culture to the far flung areas of the country.

Shri Goyal said the PM has focused on three sutras (pillars) to strengthen innovation:

Liberating entrepreneurs from the web of Govt processes & bureaucratic silos, - over 25,000 compliances reduced, decriminalization of laws, etc, but what more can be done to help businesses grow & prosper in an easier environment?
Building institutional mechanisms, - strengthen regulatory processes and self-regulation, &
Handholding young innovators & new enterprises, - mentoring will define Innovation in the future.

Shri Goyal called upon the Startups to focus mainly on five areas to make India the No. 1 Startup ecosystem in the world:

1. Develop solutions & content in Indic languages

2. Encourage products & solutions that have a larger social & economic impact

3. Promoting Startups in every district across the country, - Establish ‘Startup Access centers’ in every district

4. Creating Innovation zones at the level of Urban Local Bodies, &

5. Adopt best practices from across the globe & enhance India’s global competitiveness

During the ceremony, the Results of the National Startup Awards (NSA) 2021 were declared. A total of 46 Startups have been recognized as winners of National Startup Awards 2021 along with 1 incubator and 1 accelerator.

A total of 2177 applications were received from Startups across the 49 sub-sectors along with applications from 53 incubators and 6 accelerators for the ecosystem enablers categories. These applicants included 863 Women-led, 414 innovations for combatting COVID-19 and 253 Startups working in rural areas.

Download the list of winners of National Startup Awards by clicking this link

Ministry of Commerce & Industry

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