Andhra Pradesh Chief Minister N. Chandrababu Naidu assured that Andhra Pradesh will emerge as a hotspot for start-up and incubation culture in India.
Stressing on creating an ecosystem to encourage budding entrepreneurs, the Chief Minister suggested organizing an event in Visakhapatnam to bring together youngsters with start-up ideas and venture capitalists and investors to encourage in establishing them as creators of unique technology products.
In a major boost to the government’s initiative to encourage start-up and incubation centers in Andhra Pradesh, Government of Andhra Pradesh has signed a MoU with NASSCOM.
Under its 10,000 start-ups initiative, NASSCOM today announced setting up a warehouse in Vizag where technology entrepreneurs with innovative ideas will be nurtured, mentored and funded by venture capitalists and investors.
