Start-up India Innovation Week

Realizing the potential of startups in accelerating India's integration into global value chains, the Department for Promotion of Industry and Internal Trade (DPIIT) organized the first-ever Startup India Innovation Week from 10th -16th of January 2022.

• This virtual week-long innovation celebration aims to commemorate the 75th year of India’s independence ‘Azadi Ka Amrit Mahotsav’ and is designed to showcase the spread and depth of entrepreneurship across India.
• In the startup world, 2021 has been recognised as the 'year of unicorns,' with 40+ unicorns added in the year.
• India is emerging as a global innovation hub, boasting the world's third-largest startup ecosystem. DPIIT has recognised more than 61,000 startups as on date. 45% of the startups are from Tier-2 and Tier-3 cities and 45% of them are represented by women entrepreneurs.

Objective

• To celebrate entrepreneurship and promote innovation by bringing together the country's key startups, entrepreneurs, investors, incubators, funding entities, banks, policymakers, and other national/international stakeholders
• To exchange knowledge on nurturing startup ecosystems
• To develop entrepreneurial ecosystem capacities
• To mobilise global and domestic capital for startup investments
• To encourage and inspire the youth for innovation and entrepreneurship
• To provide market access opportunities to startups
• To showcase high-quality, high-technology, and frugal innovations from India.