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Page 1: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

Punjab Bureau of Investment Promotion www.investpunjab.gov.in

STARTUP

Page 2: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

Table of Contents

Indian Startup Ecosystem

Punjab's Startup Ecosystem

Advantage Punjab

Opportunities & Potential

Page 3: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

Table of Contents

Indian Startup Ecosystem

Punjab's Startup Ecosystem

Advantage Punjab

Opportunities & Potential

Page 4: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

Indian Startup Ecosystem

Overview of the Startup Ecosystem

3rdLargest Startup Ecosystem

in the World

42-45 %Startups outside of

Delhi-NCR, Mumbai and Bengaluru

24Unicorn Startups

335+Incubators and Accelerators

Angel TaxAngel Tax shall no longer

be applicable to Startups recognised by DPIIT

12-15 %YoY growth in number

of Startups

Top Startups

• Over 24,936 Startups recognized by DPIIT

• Fund of Funds (FFS) of INR 10,000 crore set up

• Total sanctioned scale-up grant of INR 78 crore for 8 incubators

• 5,441 schools selected for establishing tinkering labs and

INR 12 lakh each has been disbursed to 2,071 tinkering labs

• INR 8,275 crore disbursed to SC/ST/ Women Entrepreneurs

• Total 68,930 applications sanctioned (amount INR 15,112 crore)

Major Initiatives

INDIAN STARTUP ECOSYSTEM

01 02

Sources: Indian Tech Start-up Ecosystem, NASSCOM, Edition 2019 Startup India, Ministry of Commerce and Industry, GoI

Page 5: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

Indian Startup Ecosystem

Overview of the Startup Ecosystem

3rdLargest Startup Ecosystem

in the World

42-45 %Startups outside of

Delhi-NCR, Mumbai and Bengaluru

24Unicorn Startups

335+Incubators and Accelerators

Angel TaxAngel Tax shall no longer

be applicable to Startups recognised by DPIIT

12-15 %YoY growth in number

of Startups

Top Startups

• Over 24,936 Startups recognized by DPIIT

• Fund of Funds (FFS) of INR 10,000 crore set up

• Total sanctioned scale-up grant of INR 78 crore for 8 incubators

• 5,441 schools selected for establishing tinkering labs and

INR 12 lakh each has been disbursed to 2,071 tinkering labs

• INR 8,275 crore disbursed to SC/ST/ Women Entrepreneurs

• Total 68,930 applications sanctioned (amount INR 15,112 crore)

Major Initiatives

INDIAN STARTUP ECOSYSTEM

01 02

Sources: Indian Tech Start-up Ecosystem, NASSCOM, Edition 2019 Startup India, Ministry of Commerce and Industry, GoI

Page 6: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

Startups

500+Startups in

Punjab

Mentors

30+Distinguished mentors

empanelled with the State

Incubators

23Incubators and Accelerators

Funding

USD 14 million+ (INR 100 crore+)Funding raised so far by Punjab based Startups

Outreach

18Startup Outreach Events

facilitated by Govt of Punjab in 2019

Punjab's Startup Ecosystem

Top Startups

Punjab: A Land of Innovators

Bhavish Aggarwal Sachin & Binny Bansal

Sunil Bharti Mittal Sabeer Bhatia

PUNJAB'SSTARTUP ECOSYSTEM

03 04

Page 7: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

Startups

500+Startups in

Punjab

Mentors

30+Distinguished mentors

empanelled with the State

Incubators

23Incubators and Accelerators

Funding

USD 14 million+ (INR 100 crore+)Funding raised so far by Punjab based Startups

Outreach

18Startup Outreach Events

facilitated by Govt of Punjab in 2019

Punjab's Startup Ecosystem

Top Startups

Punjab: A Land of Innovators

Bhavish Aggarwal Sachin & Binny Bansal

Sunil Bharti Mittal Sabeer Bhatia

PUNJAB'SSTARTUP ECOSYSTEM

03 04

Page 8: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

Attractive Investment Environment

SELECT FUNDING PARTNERS INVESTING IN PUNJAB STARTUPS

ACCOLADES AND AWARDS

AIC ISB incubated Startup- A2P Energy won $100,000 in Global Makers Challenge

2019 under sustainable energy category during

Global Manufacturing and Industrialization Summit held in Yekaterinburg,

Russia

TAC Security won Cyber Security Startup of the Year by InfoSec Bridge

Products in San Francisco 2018 and Deep Tech

Start-up of the Year at Startup Summit 2018 by Entrepreneur Magazine

MoooFarm solution for facial recognition of cattle

won $30,000 from a World Bank group entity

in the Data Analytics category in 2019

Angel Networks Chandigarh Angel Network

(CAN) and The Angels Network (TAN)

include As part of fund of funds, the State Government would

contribute 10% of the fund size to be raised by VCs

Strong Incubation and Acceleration Support

SELECT INCUBATION FACILITIES

Punjab Technical University (PTU), JalandharBioTech, IT, Education, Construction

Food Industry Business Incubator, Punjab Agricultural University (PAU) LudhianaAgri & AgriTech, Food Processing

Science and Technology Entrepreneur’s Park (STEP), Thapar Institute of Engineering and Technology, PatialaAgri-Biotechnology, Bio-fertilizers, Life Sciences

23Incubation and Acceleration facilities in Punjab

Centre for Innovation and Business Incubation, Indian Institute of Technology (IIT), RoparManufacturing, Waste Management, Chemicals

Software Technology Parks of India (STPI) Mohali

Start-up Accelerator Chamber of Commerce (SACC)

National Agri-Food Biotechnology Institute (NABI)

IT/ITeS, AI, IoT

Sector Agnostic

Nutraceuticals, F&B, Agri, BioTech

Atal Incubation Centre (AIC) Indian School of Business (ISB), Mohali

Indian Institute of Science Education and Research (IISER) Mohali

National Institute of Pharmaceutical Education and Research (NIPER)

Agriculture, Healthcare

IT, Science

Chemicals, Pharma, BioTech

*Sectors the Accelerator/Incubator is operating in

05 06

Page 9: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

Attractive Investment Environment

SELECT FUNDING PARTNERS INVESTING IN PUNJAB STARTUPS

ACCOLADES AND AWARDS

AIC ISB incubated Startup- A2P Energy won $100,000 in Global Makers Challenge

2019 under sustainable energy category during

Global Manufacturing and Industrialization Summit held in Yekaterinburg,

Russia

TAC Security won Cyber Security Startup of the Year by InfoSec Bridge

Products in San Francisco 2018 and Deep Tech

Start-up of the Year at Startup Summit 2018 by Entrepreneur Magazine

MoooFarm solution for facial recognition of cattle

won $30,000 from a World Bank group entity

in the Data Analytics category in 2019

Angel Networks Chandigarh Angel Network

(CAN) and The Angels Network (TAN)

include As part of fund of funds, the State Government would

contribute 10% of the fund size to be raised by VCs

Strong Incubation and Acceleration Support

SELECT INCUBATION FACILITIES

Punjab Technical University (PTU), JalandharBioTech, IT, Education, Construction

Food Industry Business Incubator, Punjab Agricultural University (PAU) LudhianaAgri & AgriTech, Food Processing

Science and Technology Entrepreneur’s Park (STEP), Thapar Institute of Engineering and Technology, PatialaAgri-Biotechnology, Bio-fertilizers, Life Sciences

23Incubation and Acceleration facilities in Punjab

Centre for Innovation and Business Incubation, Indian Institute of Technology (IIT), RoparManufacturing, Waste Management, Chemicals

Software Technology Parks of India (STPI) Mohali

Start-up Accelerator Chamber of Commerce (SACC)

National Agri-Food Biotechnology Institute (NABI)

IT/ITeS, AI, IoT

Sector Agnostic

Nutraceuticals, F&B, Agri, BioTech

Atal Incubation Centre (AIC) Indian School of Business (ISB), Mohali

Indian Institute of Science Education and Research (IISER) Mohali

National Institute of Pharmaceutical Education and Research (NIPER)

Agriculture, Healthcare

IT, Science

Chemicals, Pharma, BioTech

*Sectors the Accelerator/Incubator is operating in

05 06

Page 10: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

TieCon Chandigarh

FebruaryPlatinum Sponsor in TieCon Chandigarh with participation from entrepreneurs, mentors, investors, etc.

Entrepreneurship Conclave AIC ISB

JulyAIC ISB organised this event to bring together all the key stakeholders of the ecosystem.

CANNABLE - Region’s Biggest Startup Funding Event

OctoberOrganised by Startup Punjab in collaboration with Chandigarh Angels Network

UpcomingProgressive Punjab will take place on December 5 and 6, 2019 at ISB Mohali campus

Outreach Events in 2019: Creating a Culture of Innovation

Punjab Startup Yatra

JanuaryOrganised awareness workshops and bootcamps in 19 locations in the State, in collaboration with GoI

Startup Punjab Hackathon

SeptemberOrganised in association with Entrepreneurship Development Cell, Thapar University

Startup Masterclass

AugustOrganised in association with PHD Chamber of Commerce & Industry, TAN Advisors and PTCE Group of Institutes

ClimateLaunchpad

MayStartup Punjab was a key sponsor in ClimateLaunchpad organised jointly by the Climate Collective Foundation and AIC ISB, Mohali

Progressive Punjab

07 08

Page 11: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

TieCon Chandigarh

FebruaryPlatinum Sponsor in TieCon Chandigarh with participation from entrepreneurs, mentors, investors, etc.

Entrepreneurship Conclave AIC ISB

JulyAIC ISB organised this event to bring together all the key stakeholders of the ecosystem.

CANNABLE - Region’s Biggest Startup Funding Event

OctoberOrganised by Startup Punjab in collaboration with Chandigarh Angels Network

UpcomingProgressive Punjab will take place on December 5 and 6, 2019 at ISB Mohali campus

Outreach Events in 2019: Creating a Culture of Innovation

Punjab Startup Yatra

JanuaryOrganised awareness workshops and bootcamps in 19 locations in the State, in collaboration with GoI

Startup Punjab Hackathon

SeptemberOrganised in association with Entrepreneurship Development Cell, Thapar University

Startup Masterclass

AugustOrganised in association with PHD Chamber of Commerce & Industry, TAN Advisors and PTCE Group of Institutes

ClimateLaunchpad

MayStartup Punjab was a key sponsor in ClimateLaunchpad organised jointly by the Climate Collective Foundation and AIC ISB, Mohali

Progressive Punjab

07 08

Page 12: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

ADVANTAGE PUNJAB

09

Punjab: Strategically Located & Well Connected

Kolkata

PUNJAB

Mumbai

Proximity to National Capital

NEW DELHI150 Miles

4 Hrs

55 Min

Bengaluru

Hyderabad

Chennai

Connected to allmajor metro cities

Connected to Freight Corridorfor easy movement of goods

Delhi NCR

10

Page 13: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

ADVANTAGE PUNJAB

09

Punjab: Strategically Located & Well Connected

Kolkata

PUNJAB

Mumbai

Proximity to National Capital

NEW DELHI150 Miles

4 Hrs

55 Min

Bengaluru

Hyderabad

Chennai

Connected to allmajor metro cities

Connected to Freight Corridorfor easy movement of goods

Delhi NCR

10

Page 14: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

• 100% Road Connectivity

• All Major Towns Connected with

4/6 Lane Highways

• Road Density 2 times higher than

National Average

nd• 2 highest rail density in India

Robust Connectivity

AMRITSARINTERNATIONALAIRPORT

DOMESTIC AIRPORTSJalandhar, Ludhiana, Bathinda, Pathankot

MOHALIINTERNATIONALAIRPORT

COMING SOONINTERNATIONAL AIRPORT@ Ludhiana

Sharjah (4 hrs)

London (9 hrs)

Tashkent (2.5 hrs)

Dubai (4 hrs)

Birmingham (9 hrs)

Doha (4.5 hrs)

Kuala Lumpur (6 hrs)

Singapore (6 hrs)

Dir

ect

Fli

gh

ts A

va

ila

ble

fro

m

Am

rits

ar

& M

oh

ali

4

ndRanked 2 in Ease of Logistics in India

Source: LEADS Index 2019, Government of India

DEDICATED FREIGHT

CORRIDORs

[Eastern & Western]

(Intersection Point – Dadri)

Max Speed

46 to 62 Miles/Hr

Load Capacity Per Train

5300 to 13000 tonnes

Reduction in Freight Cost

By 33%

Ranked Best in India on Safety & Security of Cargo Movement

Dankuni West Bengal

LudhianaPUNJAB

Rajasthan NewDelhi

UP

Gujarat

MumbaiMaharashtra

AKIC

MULTIMODAL

LOGISTICS PARKS,

Ludhiana• Adani Logistics Ltd.

• Hind Terminal Pvt. Ltd.

(Sharaf Group, UAE)

• Punjab Logistics

Infrastructure Ltd. (PLIL)

LAND & RAILWAY PORTAmritsar

5 ICDs• Amritsar

• Jalandhar

• Ludhiana

• Bathinda

• Derabassi

11 12

Page 15: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

• 100% Road Connectivity

• All Major Towns Connected with

4/6 Lane Highways

• Road Density 2 times higher than

National Average

nd• 2 highest rail density in India

Robust Connectivity

AMRITSARINTERNATIONALAIRPORT

DOMESTIC AIRPORTSJalandhar, Ludhiana, Bathinda, Pathankot

MOHALIINTERNATIONALAIRPORT

COMING SOONINTERNATIONAL AIRPORT@ Ludhiana

Sharjah (4 hrs)

London (9 hrs)

Tashkent (2.5 hrs)

Dubai (4 hrs)

Birmingham (9 hrs)

Doha (4.5 hrs)

Kuala Lumpur (6 hrs)

Singapore (6 hrs)

Dir

ect

Fli

gh

ts A

va

ila

ble

fro

m

Am

rits

ar

& M

oh

ali

4

ndRanked 2 in Ease of Logistics in India

Source: LEADS Index 2019, Government of India

DEDICATED FREIGHT

CORRIDORs

[Eastern & Western]

(Intersection Point – Dadri)

Max Speed

46 to 62 Miles/Hr

Load Capacity Per Train

5300 to 13000 tonnes

Reduction in Freight Cost

By 33%

Ranked Best in India on Safety & Security of Cargo Movement

Dankuni West Bengal

LudhianaPUNJAB

Rajasthan NewDelhi

UP

Gujarat

MumbaiMaharashtra

AKIC

MULTIMODAL

LOGISTICS PARKS,

Ludhiana• Adani Logistics Ltd.

• Hind Terminal Pvt. Ltd.

(Sharaf Group, UAE)

• Punjab Logistics

Infrastructure Ltd. (PLIL)

LAND & RAILWAY PORTAmritsar

5 ICDs• Amritsar

• Jalandhar

• Ludhiana

• Bathinda

• Derabassi

11 12

Page 16: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

EASE OF DOING BUSINESS

Facilitation & Market Access

Surpassed National Average in Simplified Regulations indicator in The States’ Startup Ranking 2018 conducted by GOI

Dedicated Startup Cell to serve as a single point of contact for Startups in Punjab

Online systems for Startup Registration, Regulatory Clearances and application for incentives

Mandatory Self-certification scheme for Startups under 16 Labour Laws, no bank guarantee needed

e-filing of returns under 13 Labour Laws

CTE /CTO exempted for Green Category

Online integrated construction permit application

No surprise/Complaint based inspection without HOD approval

Fiscal Incentives and Funding Support

FISCAL INCENTIVES for STARTUPS

Seed Grant up to INR 3 lakh through State/Centre recognised Incubators

Interest Subsidy of 8% p.a. for 5 years

Reimbursement of Lease Rental up to INR 3 lakh p.a. for 1 year

FISCAL INCENTIVES for INCUBATORS

Capital grant (for setting up of Incubator) of 100% of FCI subject to max INR 1 crore for Govt. Host Institutes

Capital grant (for setting up of Incubator) of 50% of FCI subject to max INR 50 lakh for Private Host Institutes & Stand-alone Incubators

Operational Subsidy assistance up to the limit of INR 3 lakh per year for a period of 5 years

Mentoring Assistance support up to a limit of INR 3 lakh per year for a period of 5 years

Startup Competition Assistance up to the limit of INR 5 lakh per event

All incentives for MSME units also apply to Startups

INR 100 croreCorpus Fund for scaling-up of Startups

13 14

Net GST reimbursement for 7 years up to 100% FCI

100% exemption from Electricity Duty for 7 years

100% exemption/reimbursement from Stamp Duty

Assistance for access to Finance, Technology, Infrastructure & Exports

FISCAL INCENTIVES FOR MSME UNITS

Page 17: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

EASE OF DOING BUSINESS

Facilitation & Market Access

Surpassed National Average in Simplified Regulations indicator in The States’ Startup Ranking 2018 conducted by GOI

Dedicated Startup Cell to serve as a single point of contact for Startups in Punjab

Online systems for Startup Registration, Regulatory Clearances and application for incentives

Mandatory Self-certification scheme for Startups under 16 Labour Laws, no bank guarantee needed

e-filing of returns under 13 Labour Laws

CTE /CTO exempted for Green Category

Online integrated construction permit application

No surprise/Complaint based inspection without HOD approval

Fiscal Incentives and Funding Support

FISCAL INCENTIVES for STARTUPS

Seed Grant up to INR 3 lakh through State/Centre recognised Incubators

Interest Subsidy of 8% p.a. for 5 years

Reimbursement of Lease Rental up to INR 3 lakh p.a. for 1 year

FISCAL INCENTIVES for INCUBATORS

Capital grant (for setting up of Incubator) of 100% of FCI subject to max INR 1 crore for Govt. Host Institutes

Capital grant (for setting up of Incubator) of 50% of FCI subject to max INR 50 lakh for Private Host Institutes & Stand-alone Incubators

Operational Subsidy assistance up to the limit of INR 3 lakh per year for a period of 5 years

Mentoring Assistance support up to a limit of INR 3 lakh per year for a period of 5 years

Startup Competition Assistance up to the limit of INR 5 lakh per event

All incentives for MSME units also apply to Startups

INR 100 croreCorpus Fund for scaling-up of Startups

13 14

Net GST reimbursement for 7 years up to 100% FCI

100% exemption from Electricity Duty for 7 years

100% exemption/reimbursement from Stamp Duty

Assistance for access to Finance, Technology, Infrastructure & Exports

FISCAL INCENTIVES FOR MSME UNITS

Page 18: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

Indian Institute of Science Education and Research

(IISER) Mohali Technology Business Incubator

3 INNOVATION SUPPORT INFRASTRUCTURE

Indian School of Business (ISB) Mohali

Business Incubator & Accelerator

Start-up Accelerator Chamber of Commerce (SACC)

Accelerator

National Agri-Food Biotechnology Institute

(NABI)Incubator

Software Technology Parks of India (STPI) Mohali

Biggest STPI Incubation Centre

Incubator & Centre of Excellence (Neuron)

National Institute of Pharmaceutical Education

and Research (NIPER)Incubator

INR 7,000 Average Monthly Rental @ STPI Mohali with up to 40% discount

1 LOW OVERHEADS

INR 10,129per monthMinimum Wage for skilled manpower

2 SKILL AVAILABILITY

Skilled Talent Pool from Premier Institutes like ISB, INST, NIPER, IISER etc.

14% attrition rate in the Mohali area as compared to 16% and 17% in Delhi and Bangalore, respectively

MOHALI:THE PREMIER STARTUP DESTINATION

PROMOTION OF WOMEN ENTREPRENEURS

Girls x Tech, an official partner of Startup Punjab, has onboarded 7 schools in 4 cities where girls undergo training and bootcamps in coding and tech to boost women entrepreneurship

PREFERENCE IN GOVT. PROCUREMENT FOR STARTUPS

Exemption From past experience and past turnover in tender requirements for all tenders floated

Purchase PreferenceApplicable to Startups under the Public Procurement (Preference to Make in Punjab) Order, 2019

15 16

Page 19: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

Indian Institute of Science Education and Research

(IISER) Mohali Technology Business Incubator

3 INNOVATION SUPPORT INFRASTRUCTURE

Indian School of Business (ISB) Mohali

Business Incubator & Accelerator

Start-up Accelerator Chamber of Commerce (SACC)

Accelerator

National Agri-Food Biotechnology Institute

(NABI)Incubator

Software Technology Parks of India (STPI) Mohali

Biggest STPI Incubation Centre

Incubator & Centre of Excellence (Neuron)

National Institute of Pharmaceutical Education

and Research (NIPER)Incubator

INR 7,000 Average Monthly Rental @ STPI Mohali with up to 40% discount

1 LOW OVERHEADS

INR 10,129per monthMinimum Wage for skilled manpower

2 SKILL AVAILABILITY

Skilled Talent Pool from Premier Institutes like ISB, INST, NIPER, IISER etc.

14% attrition rate in the Mohali area as compared to 16% and 17% in Delhi and Bangalore, respectively

MOHALI:THE PREMIER STARTUP DESTINATION

PROMOTION OF WOMEN ENTREPRENEURS

Girls x Tech, an official partner of Startup Punjab, has onboarded 7 schools in 4 cities where girls undergo training and bootcamps in coding and tech to boost women entrepreneurship

PREFERENCE IN GOVT. PROCUREMENT FOR STARTUPS

Exemption From past experience and past turnover in tender requirements for all tenders floated

Purchase PreferenceApplicable to Startups under the Public Procurement (Preference to Make in Punjab) Order, 2019

15 16

Page 20: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

Enabling Research and Development

79MBA Colleges

89Engineering Colleges

Google Centre of Excellence (COE)Lovely Professional University (LPU),Jalandhar&Upcoming AI Centre of Excellence (COE)Lovely Professional University (LPU), Jalandhar & Taiwan

Microbial Biotechnology Research CentreInstitute of Microbial Technology (IMTech), Chandigarh

AI and Machine Learning Research Centre, Indian Institute of Technology (IIT) Ropar & National Chengchi University (NCCU), Taiwan

Centre of Excellence(COE ) in AI, Data Analytics, Gaming etc.Neuron @ Software Techonology Parks of India (STPI) Mohali

Research, Teacher & Student Exchange ProgramThapar Institute of Engineering and Technology, PatialaTel Aviv University (TAU), Israel

Bharti Institute of Public Policy, Indian School of Business (ISB), Mohali Munjal Institute of Global Manufacturing, Indian School of Business (ISB), Mohali Punj Lloyd Institute of Infrastructure Management, Indian School of Business (ISB), Mohali Max Institute of Healthcare Management, Indian School of Business (ISB), Mohali

Services rendered under Punjab State Council for Science & Technology (PSCST)

• Ascertaining the Novelty & Inventiveness• Filing of Patents, Designs, Trademarks and Copyrights• IP Commercialization, Technology Transfer & Licensing

PATENT INFORMATION CENTRE

RESEARCH FACILITIESNo shortage even during peak demand

Peak Availability (MW)Peak Demand (MW)

0

5000

10000

15000

1-A

pr

1-M

ay

1-J

un

1-A

ug

1-S

ep

1-O

ct

1-N

ov

1-D

ec

1-J

an

1-F

eb

1-M

ar

1-J

ul

Month-wise power supply 2017-18 (in terms of peak demand and availability)

Quality Power at Low Cost

ABUNDANT

Power Surplus

Installed Capacity

13,432 MW

LOW COST

Power @ INR 5.00

per unit

QUALITY

T&D Losses

14.11 %National Average 22 %

Peaceful & Competitive Workforce

PEACEFUL

No Lockouts

No Strikes

Flexibility In Hiring

FRIENDLY

State

Ranks 3rd on

Interstate Migrant

Policy Index 2019

REFORMS

24x7

Shifts Allowed

Across

Genders

No disruptions in working environment

17 18

Page 21: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

Enabling Research and Development

79MBA Colleges

89Engineering Colleges

Google Centre of Excellence (COE)Lovely Professional University (LPU),Jalandhar&Upcoming AI Centre of Excellence (COE)Lovely Professional University (LPU), Jalandhar & Taiwan

Microbial Biotechnology Research CentreInstitute of Microbial Technology (IMTech), Chandigarh

AI and Machine Learning Research Centre, Indian Institute of Technology (IIT) Ropar & National Chengchi University (NCCU), Taiwan

Centre of Excellence(COE ) in AI, Data Analytics, Gaming etc.Neuron @ Software Techonology Parks of India (STPI) Mohali

Research, Teacher & Student Exchange ProgramThapar Institute of Engineering and Technology, PatialaTel Aviv University (TAU), Israel

Bharti Institute of Public Policy, Indian School of Business (ISB), Mohali Munjal Institute of Global Manufacturing, Indian School of Business (ISB), Mohali Punj Lloyd Institute of Infrastructure Management, Indian School of Business (ISB), Mohali Max Institute of Healthcare Management, Indian School of Business (ISB), Mohali

Services rendered under Punjab State Council for Science & Technology (PSCST)

• Ascertaining the Novelty & Inventiveness• Filing of Patents, Designs, Trademarks and Copyrights• IP Commercialization, Technology Transfer & Licensing

PATENT INFORMATION CENTRE

RESEARCH FACILITIESNo shortage even during peak demand

Peak Availability (MW)Peak Demand (MW)

0

5000

10000

15000

1-A

pr

1-M

ay

1-J

un

1-A

ug

1-S

ep

1-O

ct

1-N

ov

1-D

ec

1-J

an

1-F

eb

1-M

ar

1-J

ul

Month-wise power supply 2017-18 (in terms of peak demand and availability)

Quality Power at Low Cost

ABUNDANT

Power Surplus

Installed Capacity

13,432 MW

LOW COST

Power @ INR 5.00

per unit

QUALITY

T&D Losses

14.11 %National Average 22 %

Peaceful & Competitive Workforce

PEACEFUL

No Lockouts

No Strikes

Flexibility In Hiring

FRIENDLY

State

Ranks 3rd on

Interstate Migrant

Policy Index 2019

REFORMS

24x7

Shifts Allowed

Across

Genders

No disruptions in working environment

17 18

Page 22: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

Ensuring Quality of Life

Leisure Spaces

Hotels

Hospitals

Schools

Night Life

Weekend Getaways

Modern Health Infrastructure

• Ranks 2nd on National Health Index

• Home to leading health institutions

such as PGI, Fortis, Max, Apollo

Peaceful Environment

• Abundant green spaces around

settlements

• Higher air quality than Delhi NCR

Shimla -130 km Chail - 106 km Kasauli - 54 km Parwanoo - 30 km

Safest Place to do Business

Rate of Cognizable Crimes (2017)

Percentage Share of State for Cognizable Crime in India

239.9

242

269.6

283.9

291.7

330.7

344.3

358.7

383.4

478.6

525

602.6

802.9

Punjab

Odisha

Uttar Pradesh

Andhra Pradesh

Karnataka

Rajasthan

Chhatisgarh

Telangana

Maharashtra

Madhya Pradesh

Gujarat

Tamil Nadu

Haryana

1.4

1.8

2.1

2.7

3

3.7

3.9

4.5

4.7

4.9

6.7

7.6

8.4

9.3

12

Punjab

Chhatisgarh

Odisha

Telangana

Andhra Pradesh

Karnataka

West Bengal

Haryana

Bihar

Rajasthan

Gujarat

Madhya Pradesh

Tamil Nadu

Maharashtra

Uttar Pradesh

*Source: As per NCRB 2017

Recorded Lowest Share of Cognizable Crime

amongst major industrialized states

of India

19 20

Page 23: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

Ensuring Quality of Life

Leisure Spaces

Hotels

Hospitals

Schools

Night Life

Weekend Getaways

Modern Health Infrastructure

• Ranks 2nd on National Health Index

• Home to leading health institutions

such as PGI, Fortis, Max, Apollo

Peaceful Environment

• Abundant green spaces around

settlements

• Higher air quality than Delhi NCR

Shimla -130 km Chail - 106 km Kasauli - 54 km Parwanoo - 30 km

Safest Place to do Business

Rate of Cognizable Crimes (2017)

Percentage Share of State for Cognizable Crime in India

239.9

242

269.6

283.9

291.7

330.7

344.3

358.7

383.4

478.6

525

602.6

802.9

Punjab

Odisha

Uttar Pradesh

Andhra Pradesh

Karnataka

Rajasthan

Chhatisgarh

Telangana

Maharashtra

Madhya Pradesh

Gujarat

Tamil Nadu

Haryana

1.4

1.8

2.1

2.7

3

3.7

3.9

4.5

4.7

4.9

6.7

7.6

8.4

9.3

12

Punjab

Chhatisgarh

Odisha

Telangana

Andhra Pradesh

Karnataka

West Bengal

Haryana

Bihar

Rajasthan

Gujarat

Madhya Pradesh

Tamil Nadu

Maharashtra

Uttar Pradesh

*Source: As per NCRB 2017

Recorded Lowest Share of Cognizable Crime

amongst major industrialized states

of India

19 20

Page 24: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

Opportunities and Potential

AgriTech

• Precision farming to optimise yield and market value

• Tech innovation to eliminate crop burning

• Multi-cropping and organic product supply chains with sustainable farming

• Crop disease detection and management

FutureTech

• Using Internet of Things (IoT)/ Artificial Intelligence (AI)/ Device Technology

to solve challenges related to rice and wheat procurement by State Government

• Enabling pre-paid smart meters coupled with consumer payment APIs

Automobiles

• Electric and/ or autonomously driven tractors

• Safety innovations to reduce car collisions and reduce car accidents

OPPORTUNITIES & POTENTIAL

HealthTech

• Tech innovation to combat drug abuse

• Machine Learning (ML) and Artificial Intelligence (AI) for predictive healthcare

Other Potential Sectors for Growth

FinTech Biotechnology Textiles LogisticsRenewable

Energy

Food Processing

• Innovation to improve traceability and shelf life monitoring

• Detection of adulteration

• Food retail lifestyle related services

21 22

Page 25: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

Opportunities and Potential

AgriTech

• Precision farming to optimise yield and market value

• Tech innovation to eliminate crop burning

• Multi-cropping and organic product supply chains with sustainable farming

• Crop disease detection and management

FutureTech

• Using Internet of Things (IoT)/ Artificial Intelligence (AI)/ Device Technology

to solve challenges related to rice and wheat procurement by State Government

• Enabling pre-paid smart meters coupled with consumer payment APIs

Automobiles

• Electric and/ or autonomously driven tractors

• Safety innovations to reduce car collisions and reduce car accidents

OPPORTUNITIES & POTENTIAL

HealthTech

• Tech innovation to combat drug abuse

• Machine Learning (ML) and Artificial Intelligence (AI) for predictive healthcare

Other Potential Sectors for Growth

FinTech Biotechnology Textiles LogisticsRenewable

Energy

Food Processing

• Innovation to improve traceability and shelf life monitoring

• Detection of adulteration

• Food retail lifestyle related services

21 22

Page 26: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

Strategic Partnerships of Startup Punjab

Corporates

Government

Academia

Investors

Organisations/ Industry Associations

Testimonials of Key Ecosystem Players

Dr. Omkar Rai, Director General, STPI

We are very pleased with the close relationship that we share with the Government of Punjab. Our queries have always been addressed by the state government in a prompt manner and the personal hand holding provided by Government officers is unmatched. We hope to continue working with the Government of Punjab towards attaining the joint goal of boosting the startup ecosystem in the State.

Incubation

Vineet Khurana, VP, Chandigarh Angels

Network (CAN)

Startup Punjab's contribution to the startup ecosystem of Punjab is indispensable at a time when more and more youngsters are seeking guidance and support from the government. The team at Startup Punjab is incredibly helpful and proactive in doing strategic tie ups for building a conducive business environment for the next generation of entrepreneurs.

Investor

Sukhmeet Singh, Founder,

A2P Energy Solutions

Startup Punjab office has been immensely helpful in multiple ways. We tried the single window clearance system of Startup Punjab and were pleasantly surprised with the easy flow of the portal with clear cut timelines. The policies are very supporting of Startups, be it cheaper electricity connection or subsidies on capital investment. Punjab has become a go-to State for Startups. Startup Punjab runs very efficiently just like a startup itself, nimble and efficient.

Startup

23 24

*Though all efforts have been made to ensure the accuracy and currency of the content of this collateral the Government of Punjab (along with the Knowledge Partner) does not assume any legal liability, whether direct or indirect or responsibility for the accuracy, completeness or usefulness of this information.

Page 27: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

Strategic Partnerships of Startup Punjab

Corporates

Government

Academia

Investors

Organisations/ Industry Associations

Testimonials of Key Ecosystem Players

Dr. Omkar Rai, Director General, STPI

We are very pleased with the close relationship that we share with the Government of Punjab. Our queries have always been addressed by the state government in a prompt manner and the personal hand holding provided by Government officers is unmatched. We hope to continue working with the Government of Punjab towards attaining the joint goal of boosting the startup ecosystem in the State.

Incubation

Vineet Khurana, VP, Chandigarh Angels

Network (CAN)

Startup Punjab's contribution to the startup ecosystem of Punjab is indispensable at a time when more and more youngsters are seeking guidance and support from the government. The team at Startup Punjab is incredibly helpful and proactive in doing strategic tie ups for building a conducive business environment for the next generation of entrepreneurs.

Investor

Sukhmeet Singh, Founder,

A2P Energy Solutions

Startup Punjab office has been immensely helpful in multiple ways. We tried the single window clearance system of Startup Punjab and were pleasantly surprised with the easy flow of the portal with clear cut timelines. The policies are very supporting of Startups, be it cheaper electricity connection or subsidies on capital investment. Punjab has become a go-to State for Startups. Startup Punjab runs very efficiently just like a startup itself, nimble and efficient.

Startup

23 24

*Though all efforts have been made to ensure the accuracy and currency of the content of this collateral the Government of Punjab (along with the Knowledge Partner) does not assume any legal liability, whether direct or indirect or responsibility for the accuracy, completeness or usefulness of this information.

Page 28: Startup Final CMYKinvestpunjab.gov.in/assets/docs/startup_sector.pdf · Startup India, Ministry of Commerce and Industry, GoI. Indian Startup Ecosystem Overview of the Startup Ecosystem

Invest Punjab, 2nd Floor, Udyog Bhawan, Sector -17, Chandigarh, 160017 Punjab, India

Email: [email protected] | Website: www.investpunjab.gov.in

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