According to the minister, over 75,000 students are currently participating in Delhi government-supported entrepreneurship programmes, with an annual growth rate of around 30%.
More than 470 startups are being incubated across sectors such as healthcare, sustainability and manufacturing, he said, adding that early-stage startups are generating four to five jobs in their first year.
Sood also announced that the government is proposing the Delhi Startup Policy 2025, with a planned outlay of Rs 325 crore over five years.
The policy aims to support 5,000 startups by 2035 and includes the creation of a Delhi Student Seed Fund to assist early-stage ventures.
Under the scheme, equity-free seed grants of Rs 10 lakh will be provided to six selected startups, while Rs 1 lakh each will be awarded to 100 student startups, he said.
