Parrikar government aims to make Goa among top 25 start-up hubs in Asia

To make Goa feature among the top 5 destinations for new companies in Asia by 2025 the state government on Tuesday unveiled the start-up policy.

The ‘Goa start-up policy’ was approved by Chief Minister Manohar Parrikar after a cabinet meeting in the morning.

Information minister Rohan Khaunte on Technology Mininformed the media after the cabinet meeting, “The idea behind the policy is to prevent brain drain and create employment opportunities in Goa.”

According to the policy document circulated to the media the government plans to make Goa the most preferred start-up hubs in India and make it feature in the the top 25 start-up destination in Asia by 2025.

The introduction police stated, “Facilitating entrepreneurship, which in turn leads to value creation and job creation, is a governance and a moral imperative which the Government of Goa is unflinchingly committed  to."

The document further stated that one of the transformative factors of technology start-ups is its matchless potential to exponentially scale up, leading to large-scale job creation.”

It added that the government is committed to promote entrepreneurs from Goa and generating employment for Goans, the government is equally committed to inviting the best and the brightest entrepreneurial and technology minds from outside Goa in order to built a robust start-up eco-system within the state.”

The policy aims to develop at least 2,00,000 lakh sq ft area for technology innovation and incubation centre.