New Delhi, August 18
The Department of Science and Technology (DST) is working to launch a programme that will help scale up start-ups in the country, a senior official said on Tuesday.
Speaking at a webinar, ‘Millennium Alliance Round 6 & COVID-19 Innovation Challenge Awards’, organised by the FICCI, DST Secretary Ashutosh Sharma said the last six years had been exceptional for the innovation ecosystem.
The DST established more incubators in the last six years than in the previous 60 years, he said.
“Today, we support 150 technology business incubators across the country — many of them in universities, IITs. There are around 4,000 start-ups in these incubators. We want to scale them up,” he said.
Sharma added that in the coming months, the DST would be launching a new programme and it would be a highly distributed innovation system.
The DST plans to scale it up 5 times the