Today: Apr 16, 2024

IT Minister pledges social justice infusion in TN’s startup ecosystem.

4 months ago

The Minister for Information Technology and Digital Services in Tamil Nadu, PTR Palanivel Thiagarajan, has announced that the government will implement social justice in the startup ecosystem. Allocating targeted funding for SC/ST entrepreneurs and women, Thiagarajan emphasized that the government’s training programs aim to support sections of the community lacking equal education opportunities.

  • Tamil Nadu government’s philosophy of equitable access and social justice will be implemented in the startup and innovation ecosystem.
  • Funds are specifically targeted towards SC/ST entrepreneurs and women.
  • Training programs are geared towards parts of the community lacking equal education opportunities.

Thiagarajan made these statements at the International Confluence Conference on Startups and Innovation hosted by the Indian Institute of Technology Madras’ (IIT Madras) Centre for Research on Startups and Risk Financing (CREST). He praised the innovation and incubation ecosystem at the IIT Madras Research Park, emphasizing the importance of financing in the startup narrative. Thiagarajan also congratulated IIT Madras for setting up initiatives like CREST.

The Minister went on to highlight Tamil Nadu’s track record in the field of education and human talent creation. He pointed out that the state’s focus on these areas for over a century has positioned it to benefit from technological advancements, global market openings, and industry transformations.

This commitment to social justice within the startup ecosystem signifies the government’s dedication to fostering inclusivity and equal opportunities in the entrepreneurial sphere. By targeting funds to underrepresented groups and supporting those lacking equal education access, the Tamil Nadu government aims to create a more balanced and equitable startup landscape.