In a significant boost to Goa’s startup ecosystem, the Union Ministry of Commerce and Industry has awarded a Rs 3 crore grant to the state-based startup accelerator, bulld3. This funding places bulld3 alongside prestigious institutions like IIT Delhi and Indian School of Business, Hyderabad, as grant recipients.
Bulld3 Aims to Foster Impactful Startups
Co-founder Varun Chawla underlined the accelerator’s goal of helping entrepreneurs create businesses that benefit society in addition to making a profit. Bulld3 wants to empower more than one lakh entrepreneurs by emphasizing innovation, hard work, and community building.
Government’s Support for Startups
The award demonstrates the central government’s dedication to promoting entrepreneurship and innovation throughout India. Through the backing of accelerators like as bulld3, the government hopes to foster an atmosphere that will enable entrepreneurs to flourish and propel economic expansion.
Goa’s Emerging Startup Ecosystem
Bulld3’s funding demonstrates Goa’s rising prominence as a startup hotspot. The state is drawing in both investors and entrepreneurs due to its special combination of unhurried living, natural beauty, and a growing talent pool in technology. With programs like bulld3, Goa is positioned to play a big role in the Indian startup scene.
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