The Rajasthan government’s flagship startup policy has created new opportunities for innovation and entrepreneurship among the youth with a huge potential for growth in the animation and extended reality sector, Chief Minister Bhajan Lal Sharma said here on Saturday. As many as 66 i-start launchpad nests had also been established in the State, Mr. Sharma said.
Mr. Sharma was addressing the 19th convocation ceremony at Malviya National Institute of Technology (MNIT). He said a total of 2,028 startups were registered in the State in 2024-25, and the government had provided ₹11 crore to 300 startups from the i-start fund created for supporting the incubation centres.
“We are making efforts to revive startups under the learn, earn and progress (LEAP) programme, and have launched Tech Bee as an early career programme to provide skill development and employment opportunities to the youth immediately after completing their XII grade,” Mr. Sharma said.
Under the Rajasthan Investment Promotion Scheme-2024, information technology and IT-enabled service projects were offered three options for asset creation incentives, including 75% reimbursement of State GST for seven years, 20% capital subsidy, or a 1.4% turnover-linked incentive, Mr. Sharma said.
