Department for Promotion of Industry and Internal Trade (DPIIT) has virtually organised the 1st-ever ‘Startup India Innovation Week’ from 10th -16th of January 2022. The week commemorate the 75th year of India’s independence ‘Azadi Ka Amrit Mahotsav’ and showcase the spread and depth of entrepreneurship across India.
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Union Minister for Commerce and Industry, Piyush Goyal launched the Startup India Innovation Week. As part of the Start-up India Innovation Week, Indian Institute of Management Kozhikode’s (IIMK) business incubator, Laboratory for Innovation Venturing and Entrepreneurship (LIVE), and Indian Bank has signed an MoU to launch a start-up funding scheme ‘IndSpring Board’ to support early-stage start-ups with loans up to Rs 50 crore.