In a significant declaration in 2021, Prime Minister Narendra Modi proclaimed January 16 as National Startup Day, marking a pivotal moment in India’s recognition and celebration of its burgeoning startup ecosystem. Since then, various initiatives and events have unfolded, underlining the government’s commitment to fostering innovation and entrepreneurship in the country.National Startup Day HistoryNational Startup Day was officially announced on January 15, 2022, with the inaugural observance taking place that same year. Prime Minister Modi, during a video conference with aspiring entrepreneurs, lauded the exponential growth of startups and their vital contribution to the economy.National Startup Day 2024 SignificanceThe day holds immense significance as it provides a dedicated platform to celebrate the triumphs of the startup community. It serves as an occasion for entrepreneurs to share insights, discuss innovations, and reflect on their journey. Moreover, National Startup Day emphasizes the critical role startups play in driving economic growth and job creation.National Startup Week 2024, Unlocking Infinite Potential:To amplify the celebration, the Department for Promotion of Industry and Internal Trade (DPIIT) and the Ministry of Commerce and Industry have extended the festivities to a week-long event known as National Startup Week. Commencing from January 10 to 16, the week revolves around the theme “Startups Unlocking Infinite Potential.”The Startup India Innovation Week, a flagship initiative, is a focal point of this celebration. Entrepreneurs, venture capitalists, inventors, and enthusiasts converge to partake in a series of events, discussions, and activities aimed at fostering collaboration and growth within the startup ecosystem.
