early times report
Srinagar, Sept 28: The Screening Committee constituted under the Jammu and Kashmir Startup Policy 2024–27 held its first meeting at the Jammu and Kashmir Entrepreneurship Development Institute (JKEDI), Sempora, Pampore to screen and evaluate the applications for grant of seed fund assistance to eligible startups of the Union Territory.
The meeting was chaired by Sh. Khalid Jahangir (JKAS), Secretary Industries and Commerce Department and Director JKEDI, who is also the Nodal Officer for implementation of the Startup Policy in J&K.
The J&K Startup Policy 2024–27, notified by the Government, envisions making J&K one of the leading startup ecosystems in the country by 2027, while facilitating the establishment of at least 2,000 new startups. Among its major interventions is the provision of seed funding of up to ₹20 lakh (in four equal instalments) to recognized startups for activities such as prototype development, introduction of innovative products and services, market entry, and scaling up.
In response to advertisements issued by the JKEDI in leading dailies, 193 applications were received, which included 122 applications from the earlier round. After detailed scrutiny by JKEDI’s Centre for Innovation, Incubation and Business Modelling (CIIBM), 101 applications were found complete in all respects and were placed before the Screening Committee for evaluation.
The Screening Committee comprised Sh. Khalid Jahangir (JKAS), Secretary, Industries & Commerce Department, with additional charge of Director, JKEDI (Chairperson), Sh. Khalid Majeed (JKAS), Director, Industries & Commerce, Kashmir, Dr. Sudhakar Dwivedi, Professor & Dean, Student Welfare, Division of Agriculture Economics and ABM, SKUAST-Jammu, Dr. Parvaiz Ahmad Mir, Director, Centre for Innovation and Entrepreneurship Development (CIED), IUST, Awantipora, Dr. Saad Parvaiz, Associate Professor, National Institute of Technology (NIT), Srinagar, Dr. Naveed Ahmad, CEO, SKUAST-K Innovation, Incubation and Entrepreneurship Centre, Dr. Irfana Baba, In-charge, NewGen IEDC, University of Kashmir, Sh. Anil Suri, Industrialist (President & CEO, AB Consultants), Sh. Asif Iqbal Burza, Hotelier & Entrepreneur, Smt. Dilafroze Qazi, Founder, SSM College of Engineering & Technology, Smt. Dhariti, Associate Professor & In-charge, Atal Incubation Centre, IIT Jammu, Sh. Akash, Incubation Manager, IIT Jammu, Prof. Neelu Mehrotra from Jammu University, Ms. Pratiti from Startup India, Dr. Rashid Syed from iCreate Ahmedabad Mr. Ankur Gupta from MIET Jammu etc. |
