Goa, 4 June 2023 The second day of the Startup20 Engagement Group meeting in Goa witnessed crucial discussions and meetings aimed at strengthening collaboration and aligning efforts towards the growth and support of startups globally.The program commenced with closed-door meetings between national and international delegations and Dr. Chintan Vaishnav, Chair of Startup20, focusing on key agendas and strategic partnerships.During the press conference held later in the day, Dr. Chintan Vaishnav addressed the media, highlighting the progress made and the significance of the Policy Communiqué. He expressed his satisfaction with the agreement reached by all delegates on the Communiqué, marking a pivotal moment in the journey of the G20 nations towards fostering startup ecosystems worldwide. Dr. Vaishnav emphasized the collective efforts and extensive consultations undertaken with G20 nations to arrive at this crucial juncture.In his statement, Dr. Chintan Vaishnav underscored the importance of specific action points outlined in the Communiqué. The key action points include the creation and adoption of a definition framework for startups, creating a network institution to support startups and ecosystem stakeholders across G20, increasing and diversifying access to capital, easing market regulations for startups, and prioritizing the inclusion of underrepresented communities within the startup ecosystem as well as the scaling up startups of global interest. These measures aim to foster a conducive environment that empowers startups to innovate, grow, and address global challenges effectively.
