Close X
Saturday, March 1, 2025
ADVT 
India

Amarinder launches 'Innovation Mission Punjab' to attract investors

Darpan News Desk IANS, 01 Sep, 2021 10:59 AM
  • Amarinder launches 'Innovation Mission Punjab' to attract investors

Chandigarh, Sep 1 (IANS) With the objective of tapping Punjab's growth potential by developing a vibrant environment for entrepreneurship, Chief Minister Amarinder Singh on Wednesday launched 'Innovation Mission Punjab' (IMPunjab), a public-private partnership to bring in the best global investors.

In his remarks at the virtual event, the Chief Minister said the mission will unleash Punjab's growth potential and create a thriving economy by generating jobs and inviting investment.

The mission will mobilise a global pool of ambassadors and partners for investment, mentorship and market access, said Amarinder Singh, adding the mission will also leverage the strength of the Punjabi diaspora, allowing them to partake in this renewed growth story of Punjab besides running focused programmes to encourage entrepreneurship amongst women.

On the occasion, a grand 'ideathon' was also announced in partnership with incubators, inviting budding entrepreneurs, young professionals, and students across the state.

Showcasing Punjab as an entrepreneurial state with a strong footprint of entrepreneurs across the world and India, the Chief Minister said the state has a burgeoning entrepreneurial ecosystem with 450 startups and 20 plus incubators.

Besides, the Innovation Mission Punjab will act as a catalyst to strengthen by rallying all the stakeholders viz. academia, incubators, investors, startups, government, progressive farmers, sports people, media, industry and corporates, said Amarinder Singh.

The Chief Minister further said the mission is a unique public-private partnership, championed by the private sector with strong government backing.

As partners the Department of Agriculture, Industries and Commerce, Mandi Board and Startup Punjab are providing over Rs 30 crore in cash and kind, including operating expenses for the first three years, 10 year rent-free lease for 12,000 sq ft at Kalkat Bhavan, and support to startups and incubators in the state.

Meanwhile, eminent economist Montek Singh Ahluwalia, while describing innovation as the important factor in the start ups, said the innovation mission would get going in true sense once the things get back to normal and a post-Covid scenario emerges.

He said digital connectivity and artificial intelligence are key areas of the start-up sector.

Elaborating on the larger objectives of the mission, founder Genpact and Asha Impact Pramod Bhasin said: "The start-up wave is in the air and Mohali, Chandigarh, and Ludhiana have the potential to emerge as the start-up hubs and far-reaching steps to put Punjab on the global startup map would be undertaken by building impetus for entrepreneurship communities and collaborating with investors, industry and academia."

 

 

 

MORE India ARTICLES

Honeypreet May Move Court For Meeting With Dera Chief Gurmeet Ram Rahim

Honeypreet, the adopted daughter of incarcerated Dera Sacha Sauda chief Gurmeet Ram Rahim, is desperately seeking to meet her 'father', as she made at least three-four attempts in just two days, sources told IANS.

Honeypreet May Move Court For Meeting With Dera Chief Gurmeet Ram Rahim

In Wedding Pics, Nagaland Rebel Leader’s Son, Bride Pose With Assault Rifles

The photographs and a video of the son of Kilo Kilonser of the NSCN-U Bohoto Kiba and the bride brandishing assault rifles—M16 and AK 56 -- at their wedding reception went viral on WhatsApp groups besides social and digital media.

In Wedding Pics, Nagaland Rebel Leader’s Son, Bride Pose With Assault Rifles

Woman, Accomplice Held In Punjab For Planning Killings Of Hindu Leaders

The woman has been identified as Surinder Kaur, who worked as a nurse in a private hospital in Ludhiana.    

Woman, Accomplice Held In Punjab For Planning Killings Of Hindu Leaders

Balwant Singh Rajoana Sentence Commuted, Ministry Of Home Affairs Tells Punjab Govt

The Union Ministry of Home Affairs (MHA) has communicated to the Punjab Government its decision to commute the death sentence of Babbar Khalsa terrorist Balwant Singh Rajoana, one of the main conspirators behind the assassination of former Chief Minister Beant Singh.  

Balwant Singh Rajoana Sentence Commuted, Ministry Of Home Affairs Tells Punjab Govt

Punjab CM Amarinder Singh For Special Courts For Proclaimed NRI Offenders

He was responding to a request from a group of NRIs who came for the 550th birth anniversary celebrations of first Sikh master Guru Nanak Dev in Jalandhar city on Monday.

Punjab CM Amarinder Singh For Special Courts For Proclaimed NRI Offenders

'Sikh Heritage' A Fitting Tribute On Guru Nanak's 550th Birth Anniversary (Book Review)

'Sikh Heritage' A Fitting Tribute On Guru Nanak's 550th Birth Anniversary (Book Review)
There have been any number of books on Sikhs, their valour, their customs and their culture but what makes the present work a standout is that within 250 pages it encompasses not only their history

'Sikh Heritage' A Fitting Tribute On Guru Nanak's 550th Birth Anniversary (Book Review)