‘Start-up action plan generating buzz among entrepreneurs’
The startup action plan has generated a “buzz” among budding entrepreneurs and several of them have been able to successfully attract funds from angel and other investors, Commerce Minister Nirmala Sitharaman said. “A lot of startups are approaching us (after the announcement of the action plan)...there is a lot of interest and it has generated a buzz among the startups,” Sitharaman said. She said several of them have even called up to say that they have found angel and other investors. The incentives announced in the action plan and the Budget are all yielding results, she added. The minister also said that ministries including Science and Technology and Human Resource Development are working together to set up incubators to help budding entrepreneurs.