December 6, 2024
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Recognition of startups drives job creation and sectoral growth, backed by government schemes and digital platforms facilitating scale.
Recognised startups have reportedly created substantial direct employment across diverse sectors, supported by a combination of recognition criteria, stage-specific financing and guarantee schemes, market-access measures including public procurement facilitation, regulatory reforms, state ranking and awards, capacity-building and outreach to non-metro regions, ecosystem events, centralised digital platforms for stakeholder collaboration, and international linkages to enhance market access and scaling.