TNPSC Thervupettagam

Tamil Nadu Startup summit 2025 – Chennai

April 30 , 2025 18 hrs 0 min 15 0
  • 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.

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