Faridabad/ Alive News: The Ideaz Factory has announced that the second edition of Startup Jalsa held on 22 and 23 October 2016 at ManavRachna International University. During this, Haryana’s Minister of Industries and Commerce Vipul Goyal as a chief guest started of the festival in which, more than 1000 delegates are expected to attend Startup Jalsa. Hosted by The Ideaz Factory, presented by RattanIndiaand powered by Gionee, the two-day startup festival elpsentrepreneurs add value by showcasingtheir business offerings to the investors and raising fundsranging from Rs.10 lacs to Rs.10 crores.Entrepreneurs will also get to meet successful business leaders from Escorts, Gionee, YES Bank, Knowlarity, Commonfloor.com, Indo-European Business Forum and others.
Meanwhile, Nitin Narang, the festival director of Startup Jalsa and the Founder of TheIdeaz Factory, says, “According to a recent industry report, more than 40% of startups have failed in the last two years out of which75% of their founders never tried their hands at entrepreneurship again. We believe thatthe startup ecosystem needs supervision of mature leaders to enhance its success rate. He said we conceived Startup Jalsawith a vision to add a new perspective and bringthe focus back on the basics of business building instead of quick valuations and fame. We have created a platform where India’s new generation entrepreneurs can interact with successful traditional business leaders with a proven track record of creating and scaling businesses profitably. We are privileged that Shri Vipul Goel, Haryana’s Minister of Industries and Commerce has consented to be the Guest of Honour at this year’s event.”Rao Narbir Singh, Haryana’s Minister of PWD will also deliver the closing keynote address, added Nitin.
During this Vipul Goel, Minister of Industries and Commerce, Environment and Industrial Training, Government of Haryana, says, “After a successful edition in Chandigarh, we look forward to welcoming almost a thousand start-ups again this year at Startup Jalsa in Faridabad. The Haryana Government has taken several initiatives to boost the entrepreneurial spirit in the state.We are empowering industries through easy finance and investments.We have established 19 clusters dedicated for small and medium businesses and are creating a Rs.1000 crores fund for them.We will also provide collateral free loans of up to Rs.1 crore to startups. We are also setting up a 16-acre startup warehouse in Gurgaon in partnership with NASSCOM. We have also reduced the minimum land requirement for townships in the state from 100 acres to 25 acres, which will boost startups. Faridabad, a major industrial hub shortlisted for development as a Smart City, offers a lot of potential to emerge as the next hub for startups.”
