at the level we expect.
Comparatively lesser than
other nations.
How can we change
the scenario?
They must
understand
that idea alone
won’t take them
forward. They
must know how to
convert the idea
to business. It is
a combination of
factors.
It can’t be changed
overnight. It is time
consuming as one has
to build more and more
pathways to do that. But it
is happening. If we see in
last 5 years, the BIRAC’s
existence itself shows that
how the DBT wanted to
fund the startups through
a dedicated agency.
Lot of feedback has come.
State government of
Karnataka has started
programs such as Grand
Challenges at local level.
Now other governments
too will follow. Lot many
academia are getting into
it yet not at the level one
is expecting. So, this is
slowly in making.
How do do you think
the startups culture
will shape up in next
five years?
I think it is going to
grow tremendously in
the next five years. The
competitiveness has
come in as well as the
risk-taking capability
has increased besides
the number of people
who want to build on
fresh ideas. In a way,
larger number of startups
will come up due to the
supportive environment.
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