This summit was organised by the Tamil Nadu Startup and Innovation Mission (Startup TN), under the MSME Department.
The summit was hosted by The Hindu along with SRM Institute of Science and Technology and co-presented by Startup TN in association with Sify Technologies.
The deputy Chief minister launched the logo and website for “Tamil Nadu Global Startup Summit 2025” to be organised by Startup TN at Coimbatore.
Tamil Nadu is among the top 10 regions in Asia in terms of talent pool.
NITI Aayog has described the State as a model for the innovation ecosystem, a reflection of its strong potential.
Chennai is known as the software services capital.
The Global Startup Report 2024 had ranked Chennai in the 18th position.
The infant mortality for startups is very high as many become large but do not learn the practices of governance while growing.
Another issue is that Chennai lacks the venture capital ecosystem.
The Tamil Nadu Startup and Innovation Mission (StartupTN) will be launching a scheme called Gramam Thorum Puthozhil (Establishing Start-ups in Villages) this year.
It will also be focusing on the inclusive entrepreneurship, rural innovation, and sustainable economic growth.
Our policy focuses on three major inclusive aspects — gender inclusivity, caste inclusivity, and geographical inclusivity.
In 2023, the Government of Tamil Nadu introduced a policy that slightly modified the Government of India’s definition of a start-up.
While the Centre defines a start-up as being less than 10 years old with a turnover of less than ₹100 crore, Tamil Nadu’s policy revised the turnover threshold to ₹50 crore.