National Deep Tech Startup Policy Consortium launched the Deep Tech Startup policy

National Deep Tech Startup Policy Consortium National Deep Tech Startup Policy Consortium is launched by a startup named Deep Tech with the aim to advance the Indian deep tech startup ecosystem. Under the leadership of PM Modi, the Prime Minister’s Science, Technology, and Innovation Advisory Council (PM-STIAC) had been established which will serve as a top-tier organization, led by the Principal Scientific Adviser to the Government of India  Ajay Kumar Sood

National Deep Tech Startup Policy Consortium

The Prime Minister’s Science, Technology, and Innovation Advisory Council (PM-STIAC), in its 21st meeting held on July 7, 2022, unveiled the National Deep Tech Startup Policy Consortium whose target is to create a framework to know the needs and strengthen the Indian deep tech startup ecosystem. This consortium will include high-level representatives from the Department for Promotion of Industry and Internal Trade (DPIIT), Atal Innovation Mission (AIM), NITI Aayog, Ministry of Electronics and Information Technology (MeitY), Department of Biotechnology (DBT), Indian Space Research Organisation (ISRO), National Security Council Secretariat (NSCS), Defence Research and Development Organisation (DRDO), National Association of Software and Service Companies (NASSCOM), Confederation of Indian Industry (CII), and Federation of Indian Chambers of Commerce & Industry (FICCI), with the  Office of Principal Scientific Adviser to the Government of India is entrusted with formulation of this policy.

What this draft will include

The Deep Tech Startup policy will include (a) multiple priority setting meetings at the National Consortium and Working Group level, (b) consultative workshops with deep tech startups in Bengaluru, Hyderabad, Mumbai and New Delhi anchored at academic innovation and incubation centres, (c) multi-stakeholder roundtables and debates, (d) focused group discussions with subject matter experts and technology policy researchers and (e) interviews with individual thought leaders, which will include the consultations on 200+ stakeholders inputs. The NDTSP’s draft will include these necessary changes

1. Nurturing Research, Development & Innovation
2. Strengthening the Intellectual Property Regime
3. Facilitating Access to Funding
4. Enabling Shared Infrastructure and Resource Sharing
5. Creating Conducive Regulations, Standards, and Certifications
6. Attracting Human Resources & Initiating Capacity Building
7. Promoting Procurement & Adoption
8. Ensuring Policy & Program Interlinkages
9. Sustaining Deep Tech Startups

To access the document

http://www.psa.gov.in/deep-tech-policy

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