Recently, Union Minister of Commerce & Industry, Shri Piyush Goya launched the Bharat Startup Grand Challenge and Prabhaav factbook on the ocassion of 9 Years of Startup India.
- He added that through the BHASKAR platform, the Government is looking to connect the startups with mentoring with financial instruments and finances and also help the startups connect with others across the country.
About PRABHAAV Factbook
- Department for Promotion of Industry and Internal Trade (DPIIT) has launched PRABHAAV Factbook (Powering a Resilient and Agile Bharat for the Advancement of Visionary Startups).
- PRABHAAV Factbook is the ultimate guide to India’s thriving startup ecosystem and its growth story from 2016-2024.
- PRABHAAV captures the achievements of every region.
Bharat Startup Challenge
- Bharat Startup Challenge aims to unleash 75 challenges across various sectors. The challenge will see 20 industry leaders and innovators invite thinkers to solve business challenges.
- From renewable energy to blockchain, smart manufacturing to agritech semiconductors to social commerce, the challenge will offer procurement opportunities for startups along with cash prizes, funding mentorship, networking and capacity building process.
BHASKAR initiative
- The Bharat Startup Knowledge Access Registry (BHASKAR) initiative, under the Startup India program, is a platform designed to centralize, streamline, and enhance collaboration among key stakeholders within the entrepreneurial ecosystem, including startups, investors, mentors, service providers, and government bodies.
- This initiative aligns with the Government of India’s vision to transform India into a global leader in innovation and entrepreneurship, reinforcing the country’s commitment to the startup movement.
- The primary goal of BHASKAR is to build the world’s largest digital registry for stakeholders within the startup ecosystem.
