HomeStartupJ N Singh: Gujarat sops for tech startups offering sector-wise solutions

J N Singh: Gujarat sops for tech startups offering sector-wise solutions

Reader's Pick

The Gujarat government on December 27 launched a scheme under which it will incentivize technology startups which can provide solutions to sector-specific problems identified by the authorities.

Chief Secretary J N Singh made this announcement after inaugurating ‘Vigyan Bhavan’, a convention center at the Science City here.

“The scheme endeavors to identify sector-specific problems unique to the public sector in the state and to facilitate deployment of solutions which have been specifically crafted for such needs,” Singh told reporters on the sidelines of the programme.

The scheme, Technology Demonstration, and Pilot Deployment’, will be implemented by the Gujarat Council on Science & Technology (GUJCOST), which works under the Department of Science & Technology, Government of Gujarat.

- Advertisement -

“The scheme will incentivize startups, innovators who design, develop solutions which have a market in the public sector and which cannot be implemented in the public sector due to lack of adoption opportunities or procedural challenges,” he said.

“Allowing pilot deployments for such complex solutions will not only provide an avenue to such innovators but would open up the huge public sector to the startup ecosystem,” said the senior bureaucrat.

“For the state, it will allow low-cost testing for such innovations before the government commits for a commercial solution,” Singh added.

Under the scheme, a research proposal can be funded up to Rs 50 lakh for three years.

- Advertisement -

The Gujarat government had earlier announced its Science, Technology, and Innovation (STI) policy. It has created a dedicated Innovation Fund of Rs 50 crore under the STI policy.

The new scheme will be financed under the Innovation Fund.


Stay on top of Budget 2023 with our newsletter

We don’t spam! Read our privacy policy for more info.

- Advertisement -

Read latest Business News and Startup news on TechGraph. Watch live and latest news on TechGraph TV. Follow us on Facebook or follow us on Twitter and Instagram. Listen audio news from TechGraph Briefings on Spotify, Google Podcast, Amazon Music & on Apple Podcast.

Krishna Mali
Krishna Mali
Founder & Editor of TechGraph.

Latest News

Promoted Links

Related Stories

Sino-US trade war offers Europe’s chance to bank more Chinese reserves: Analysis

Should European countries want the euro to replace the dollar as the world's do...

1Win App: Review India Apk for Android and iOS

The company 1Win has been successfully operating in the markets of many countri...

Japan approves 26 trillion yen as economic stimulus package to combat overseas risks

Japan's cabinet approved an economic stimulus package worth 26 trillion yen ($2...

Employees union seeks FIR against Jet Airways boss Naresh Goyal, Vinay Dube and on SBI Chairman

The employee union of Jet Airways, which is facing its worst crisis, Friday sou...

Samsung Electronics asks its shareholders to use electronic voting for upcoming AGM

Technology giant Samsung Electronics has adopted electronic voting for the firs...

Rahul Gandhi hits on RCEP says, ‘Make in India’ has become ‘Buy from China’

Asserting that "Make in India" has become "Buy from China," Congress leader Rah...

NASA astronauts to carry first ever all-female spacewalk on 29 March

Two NASA astronauts are scheduled to carry out the first ever all-female spacew...

Logistics 4.0: Creating a value chain through smart interconnected technologies

Businesses are keeping up with the changing digital environment to stay competi...

Budget 2022-23: Technology, SaaS, AI & ML Sector Reactions

Technology market reaction on Budget 2022-23: As Finance Minister Nirmala Sitha...

Budget 2023 Should Fouse On Increasing Research Grants to Promote Innovation in Ayurveda: Ameve Sharma of Kapiva

As the Union Finance Minister Nirmala Sitharaman, is all set to present the Ind...