America
Modi to address startup founders in Silicon Valley
Bengaluru, Sep 19
Prime Minister Narendra Modi
will address founders of startups, entrepreneurs and technology leaders
in Silicon Valley on September 27 during his visit to the US.
"The
day-long event on the side of the prime minister's visit to the Silicon
Valley will highlight the Indian innovation capabilities of 30 startups
across diverse sectors in the country," IT industry representative body
Nasscom said in a statement on Saturday.
To be hosted by Nasscom
in partnership with The Indus Entrepreneurs (TiE) and the Indian
Institute of Management-Ahmedabad's (IIM-A) business incubator Centre
for Innovation, Incubation and Entrepreneurship (CIIE), the 'India-US
Startup Konnect 2015' will showcase the strengths of India's startup
ecosystem.
"Before Modi's address to the gathering, we will sign
an agreement with TiE Silicon Valley to facilitate a startup exchange
and collaboration programme," Nasscom president R. Chandrashekhar said
in the statement.
CIIE will also sign an agreement with
corporates and academic partners in the US to jointly build and scale-up
disruptive innovations for India through financial aid and
collaboration.
"Crafting the India of tomorrow is our collective
responsibility. With India-US Startup Konnect, we will showcase success
of Indian entrepreneurs to highlight the rising global impact of
innovation from India," Chandrashekhar said.
Lauding Modi for
encouraging the IT industry to fuel the startup economy, the former
telecom secretary said with the 'start-up India and stand-up India'
call, the prime minister had put the focus on entrepreneurship and job
creation.
"With the clarion call, Modi has emphasised on
entrepreneurship and job creation by announcing incentives for firms
that generate employment and promote bank financing for startups by the
underprivileged," Chandrashekhar said.
An exhibition by Indian
startups on the margins of the event will showcase their products and
solutions in diverse areas such as healthcare, agriculture, energy,
technology and aerospace.
"These startups are representative of
the changing India where besides creating solutions for urban consumers,
innovators are leveraging technology and their experiences to create
massive impact by solving some tough problems," CIIE chief executive
Kunal Upadhyay added.