The document summarizes initiatives by various state governments in India to support startups. Gujarat aims to build 50 new incubators to support 2,000 startups over 5 years with an investment of Rs. 7,000 crore. Telangana has set up an academy for entrepreneur training and a Rs. 2,000 crore innovation fund for startups with an additional Rs. 250 crore for seed funding. Uttar Pradesh is creating an initial Rs. 100 crore investment fund to promote startups.

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The Central government has given nod to Rs 10,000-crore ‘Fund of Funds for Startups’ to
reinforce them to generate employment for around 18 lakh persons. The corpus shall be built and
distributed upon 14th and 15th Finance Commission cycles.
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Lets check the initiatives taken by different state governments in India
1)The Gujarat government aims to build new 50 incubators to give way to as many as 2,000
startups over the next five years. “Our aim is to attract an investment of Rs 7,000 crore through
this policy,” says chief minister Anandiben Patel.
2)The Telangana state government has set up academy for entrepreneurial training and a Rs
2,000 crore innovation fund for startups. Additional Rs 250 crore is kept for seed funding.
3) The Uttar Pradesh government is creating an initial investment corpus of Rs 100 crore to
promote and deploy startups.
4) Andhra Pradesh has set up Rs.100 crore for initial innovation fund for entrepreneurs.
5) Rajasthan aims to help at least 2,000 technology startups.
6) Similarly Kerala, Karnataka, Tamil Nadu, West Bengal also trying to follow similar models
for funding start-ups.