- Speaking at the TiE Global Summit, Vice President emphasised that it is critical to support student entrepreneurship through innovation programmes
- Naidu also said that in India, world’s third largest startup ecosystem, about 50% of the tech startups are confident of reaching pre-Covid level revenues
M Venkaiah Naidu, vice president of India, inaugurated the IndUS TiE global summit virtually that was held today virtually via a video conference. He asked the universities in India to set up incubation centres to tap and nurture entrepreneurial talent among youngsters.
Addressing the video conference from Visakhapatnam, he emphasised that it is critical to support student entrepreneurship through innovation programmes and to achieve that, he said the universities need to establish close linkage with industries to mentor and handhold students with novel business ideas.
He also urged the corporate sector to fund and promote entrepreneurial ecosystem on university campuses.
The vice president also said with more and more young people joining the labour market, the world will need about a half a billion new jobs by 2030 as he called upon the established entrepreneurs and chambers of commerce, associations like TiE to mentor the next generation.
Source: livemint
