2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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32
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51
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63
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28
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Detailed explanation-1: -The government will set up 51 new incubators for startups in the information and communications technology space across India as part of its Technology Incubation and Development of Entrepreneurs (Tide) 2.0 scheme.
Detailed explanation-2: -As of 2019, there were 13 central government ministries and departments that were supporting incubators (Table 2). In total, 284 incubators were identified in India and they included both government supported and private incubators.
Detailed explanation-3: -As on 30th November 2022, in the SISFS, of the corpus of Rs. 945 crore, Rs. 455.25 crore has been approved to 126 incubators of which Rs. 186.15 crore has been disbursed.
Detailed explanation-4: -Business incubators are institutions that support entrepreneurs in developing their businesses, especially in initial stages. These are organizations geared towards speeding up the growth and success of start-ups and early stage companies.
Detailed explanation-5: -JSSATE Science and Technology Entrepreneurs’ Park Starting in 2004, JSS ATE STEP is India’s first Technology Business Incubator (TBI), supported by DST. It aims to invite, enable, and thrive the technology ventures through sharing knowhow, mentorship, market access, connections, and funds.