Draft National Deep Tech Startup Policy released by Centre

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Draft National Deep Tech Startup Policy released by Centre
Draft National Deep Tech Startup Policy released by Centre

Yet to be developed for any commercial applications, early-stage technologies based on scientific or engineering advancements are involved in a deep tech startup

The draft National Deep Tech Startup Policy (NDTSP) that spells out a nine-point programme to create a conducive ecosystem for the sector, which is crucial for enhancing India’s capability and global competitiveness, has been released by the government.

Yet to be developed for any commercial applications, early-stage technologies based on scientific or engineering advancements are involved in a deep tech startup.

The draft NDTSP, which has sought comments from the public by September 15, has been released by the office of the principal scientific advisor to the government.

Nurturing research, development, and innovation; strengthening the intellectual property regime; facilitating access to funding; enabling shared infrastructure and resource sharing; creating conducive regulations, standards, and certifications; attracting human resources and initiating capacity building; promoting procurement and adoption; ensuring policy and programme interlinkages; and sustaining deep tech startups are the nine policy areas in which the draft NDTSP suggests necessary changes.

“This policy complements and adds value to the existing Startup India policies, programmes, and initiatives by fostering a conducive ecosystem for deep tech startups to thrive and address their unique and complex challenges,” an official statement said.

Receiving input from over 200 stakeholders within and outside the deep tech startup ecosystem, the draft policy was shaped by the National Consortium and Working Group set up by the Prime Minister’s Science, Technology, and Innovation Advisory Council (PM-STIAC).

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