Tamil Nadu government is preparing to come up with a policy for start-ups in the state.The process has just started with the Entrepreneur Development and Innovation Institute (EDII) seeking suggestions from industry stakeholders in preparing the draft policy.
In Coimbatore, 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 that the state would get a start-up policy when it releases the MSME policy.
The meeting looked at the support needed in terms of investment, infrastructure, education, networking and so on. The policy to be drafted 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 Tamil Nadu 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.
K K Rajan, President, SIEMA said that the associations have requested EDII to form a committee with industry stakeholders as its member for preparing the draft policy.