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Co-Creation Fund for Startup Ecosystem
October 12 , 2025
13 hrs 0 min
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- Tamil Nadu Chief Minister announced a ₹100 crore co-creation fund at the Global Startup Summit held in Coimbatore.
- The fund will be managed by the Tamil Nadu Startup and Innovation Mission (StartupTN).
- It will invest in venture capital funds that support Tamil Nadu-based startups.
- A dedicated budget allocation of ₹20 crore has been made for this co-creation fund in the current financial year.
- Between 2020 and 2025, the number of Tamil Nadu startups recognized on the Department for Promotion of Industry and Internal Trade (DPIIT) platform recorded a compound annual growth rate of 36 percent.
- As of 2025, the number of DPIIT-recognized startups in Tamil Nadu has increased sixfold from 2,032 to 12,000, with half of them led by women.
- In 2018, Tamil Nadu was ranked lowest in startup infrastructure, but rose to the top position by 2022 among Indian states.
- The average investment raised by Tamil Nadu startups increased from $1 million in 2016 to $6 million in 2024, according to Inc42.
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