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Jammu and Kashmir administration has framed a new start up policy to establish and empower the youth and push them toward economic independence.

Recently LG Manoj Sinha said that policy has been meticulously drafted to establish 2,000 startups in UT by 2027, underscoring our commitment to foster a dynamic entrepreneurial ecosystem

Patent-related assistance, financial assistance for mentorship to recognised startups, facilitation for DPIIT registration and additional need-based support to start-ups working in diverse fields to be extended under the Policy

He congratulated the young entrepreneurs and innovators on the historic occasion.

“New Start-up Policy aims to establish J&K as one of the leading start-up ecosystems by 2027. It is a giant leap for startups and innovators of Jammu Kashmir,” the Lt Governor said.

He said the Policy has been meticulously drafted to establish 2,000 startups in J&K by 2027, underscoring the commitment of the UT Administration to foster a dynamic entrepreneurial ecosystem.

Highlighting the key features of the new J&K Start-Up Policy, the Lt Governor said the policy aims to set up a Rs. 250 Crore Venture Capital Fund, with an initial infusion of Rs. 25 Crores from J&K Administration.

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