Question: What is the current position (Rank) of India amongst the countries having start up ecosystem (entrepreneurial ecosystem)?
(a) First
(b) Second
(c) Third
(d) Fourth
Answer- (c)
Related facts:
- On June 19, 2017, the Commerce & Industry Minister Smt. Nirmala Sitharaman launched the Startup India Virtual Hub at New Delhi.
- This hub is an online platform for all stakeholders of the entrepreneurial ecosystem in India to discover, connect and engage with each other.
- India is the third largest startup ecosystem around the globe
- On this occasion, a new initiative has also been announced, wherein a Startup exchange program amongst the SAARC nations would be organized.
- The portal will host startups, investors, funds, mentors, academia, incubators, accelerators, corporates, Government bodies and more.
- The Virtual Hub is a dynamic & interactive platform that will facilitate learning & development, networking, mentorship and funding for startups.
- The basic principle behind developing this platform is to aggregate different offerings of theecosystem and enable discovery by the right audience.
- The Hub has also aggregated over 50 relevant Govt schemes/programs
- In the second phase,the platform will also aggregate schemes available across various state governments.
Reference:
http://pib.nic.in/newsite/PrintRelease.aspx?relid=165757
https://inc42.com/buzz/startup-india-hub-launch/
https://www.indianweb2.com/2017/06/20/launch-startup-india-hub/