First SCO Startup Forum to be launched on October 27, boost for Startup India

First SCO Startup Forum to be launched on October 27, boost for Startup India

The first-ever Shanghai Cooperation Organisation (SCO) Startup Forum will be launched on 27th October 2020 ahead of the SCO trade ministers meeting on 28th October.

The forum will lay the foundation for multilateral cooperation and engagement among the SCO Member States to develop and hone their startup ecosystems, collectively.

Around 40 Indian Missions roped in to further augment Startup India efforts. India is currently the third-largest startup ecosystem in the world with over 35,000 startups, close to 25% of which are core technology startups operating in areas of AI, Robotics, Cloud Computing, IoT, Digital Health, Financial & Education Technology.

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The ‘Startup India’ has launched 10 bilateral bridges since its inception and has helped many technology-based startups to expand their businesses to global markets. Government has roped in around 40 Indian missions to further augment the efforts undertaken by the ‘Startup India’ program by exploiting the opportunities across the geographies.(inp:dd)

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