Enhance domestic pool of capital for startups: Panel

Establishment of a national innovation promotion board and greater participation by banks in financing innovation were some of the recommendations which emerged from the roundtable on 'funding of innovation' event being held at Rashtrapati Bhavan here.
Among the other recommendations made by the panel gathered here as part of the week-long 'Festival of Innovations' was to enhance the domestic pool of capital for Startups, a Rashtrapati Bhavan spokesperson said.
The spokesperson said two panel discussions were held on financing options for funding innovations and strengthening the Startup ecosystem.
Eminent people from government, banking sector and technology innovation streams participated in the round table meeting.

During the event, President Pranab Mukherjee also launched a new web portal in this regard-- www.Sidbistartupmitra.Com.