New Delhi, August 25, 2021.

Startups are new types of wealth creators in our country, Prime Minister Narendra Modi said in his Independence Day speech on 15 August, 2021, underscoring the need of the government to relentlessly work towards making India’s Startups and the Startup Ecosystem the best in the whole world. This vision of Prime Minister was also emphasised by Electronics and Information Technology Minister Shri Ashwini Vaishnaw in a recent event whereby he stated, “Government will support startups and entrepreneurs in the most challenging phase which is the initial risk phase and also stated to serve 1.3 billion people India will scale up the network of incubators and accelerators to phenomenal levels.”

Above statements of Shri Ashwini Vaishnaw today have taken the shape of “Start-up Accelerators of MeitY for pRoduct Innovation, Development and growth (SAMRIDH)”programme, which was launched today by Ministry of Electronics & Information Technology so as to create a conducive platform to Indian Software Product star-ups to  enhance  their  products and  securing  investments  for  scaling  their  business. The programme is being implemented by MeitY Start-up Hub (MSH).