A couple of weeks back we covered on how Department of Science & Technology is trying to
firm up a platform for Technology startups (ICT) in Delhi / India.
At the end of the post we also recommended a look at some
international gov-sponsored ecosystems nearby that could lend
relevancy to the design & execution of such an initiative in
India. We also highlighted a need to bring in funding aspects for the
Indian entrepreneurs from the Government and subsidization of living
costs of such high-risk-taking individuals.
Here let us look at an example – of Singapore – and its entrepreneurship model that has benefited a plethora of tech startups and entrepreneurs both within & outside of the country. Also a glance at their performance indicators will help us prepare a better underlay for our own ecosystem i.e. State Sponsored Entrepreneurship in India. Government initiatives like these will not only nurture talent & competitiveness along with stability, funding & access to market but also lead to breakthrough innovations & wealth creation for thecountry sponsoring it.
To read the full, original article click on this link: State Sponsored Entrepreneurship [Listening Anyone?]
Author: arvind
