The Tamil Nadu government is preparing to come up with a policy for start-ups.
The process has just started with the Entrepreneur Development and Innovation Institute (EDII) seeking suggestions from industry stakeholders in preparing the draft policy.
Shajeevana, Additional Director, EDII, Kalaivani Ganesan, Joint Director, and Shiva Shankar, Deputy Director, PMO-IEDP, interacted with industry associations such as the Southern India Engineering Manufacturers’ Association and Coimbatore District Small Industries Association (Codissia) and sought their inputs.
EDII is planning to hold similar meetings in Chennai and Madurai very soon. Addressing representatives of the industry bodies here, Shajeevana said the State would get a start-up policy when it releases the MSME policy.
Study on requirements
The meeting looked at the support needed in terms of investment, infrastructure, education, networking and so on. The policy is expected to cover start-ups in technology, manufacturing and in the services space.
There are around 600 beneficiaries for NEEDS (New Entrepreneur-cum-Enterprise Development Scheme). The officials indicated that the plan is to make TN an innovation hub and ensure that the start-ups here do not migrate to other States.
Introduction of entrepreneurship course in mainstream education is also being contemplated.
KK Rajan, President, SIEMA, said the associations have requested EDII to form a committee with industry stakeholders and elicit their suggestion.