Jammu, Jan 14 CNS: Jammu & Kashmir Entrepreneurship Development Institute (JKEDI) Monday held a meeting with the Startups registered with the Department of Industrial Policy & Promotion (DIPP), Government of India here at its Bari-Brahmna Campus.
The meeting was part of the Institute’s ongoing endeavors to promote innovation-based Startups in the State of Jammu & Kashmir under the recently launched J&K Start-up Policy-2018. The meeting was attended by Dr. M.I Parray, Director JKEDI, Mr. Tufail Mattoo, Executive Director JKEDI and the representatives of the Startups. The meeting was conducted to provide a detailed insight about the recently introduced J&K Startup Policy and the incentives/benefits available to the registered Startups under it (the policy).
A threadbare discussion was held with respect to various aspects of the Startup Policy which include Incubation Facilities, Assistance for Product Research & Development/Marketing/Publicity, Funding Facilities, Energy Assistance, Tax Benefits as well as Infrastructure Support offered to the Start-ups.
During the meeting it was resolved that there is an urgent need to have Gap-Analysis of the existing system and an effective Action-Plan should be in place to achieve the objective of the policy in a time bound manner.
JKEDI has been designated as a State Nodal Agency for the implementation of the J&K Startup Policy-2018 which was rolled out on September 13, 2018 by the Government of J&K.