Jammu & Kashmir Entrepreneurship Development Institute (JKEDI) on Monday held a meeting with the Start-ups registered with the Department of Industrial Policy & Promotion (DIPP), Government of India at its Bari-Brahmna Campus.
The spokesman said that meeting was part of the Institute’s ongoing endeavours to promote innovation-based Start-ups in the State of Jammu and Kashmir under the recently launched J&K Start-up Policy-2018. The meeting was attended by Dr M.I Parray, Director JKEDI, Tufail Mattoo, Executive Director JKEDI and the representatives of the Start-ups. The meeting was conducted to provide detailed insight about the recently introduced J&K Start-up Policy and the incentives/benefits available to the registered Start-ups under it (the policy).
A threadbare discussion was held with respect to various aspects of the Start-up Policy which include Incubation Facilities, Assistance for Product Research & Development/Marketing/Publicity, Funding Facilities, Energy Assistance, Tax Benefits as well as Infrastructure Support offered to the Start-ups.
During the meeting,time-bound it was resolved that there is an urgent need to have Gap-Analysis of the existing system and an effective Action-Plan should be in place to achieve the objective of the time-bound manner.
JKEDI has been designated as a State Nodal Agency for the implementation of the J&K Start-up Policy-2018 which was rolled out on September 13, 2018, by the Government of J&K.