Home » Initiatives » States » South » Andhra Pradesh » Andhra Pradesh Innovation and Start up Policy: Vision

Andhra Pradesh Innovation and Start up Policy: Vision


The State of Andhra Pradesh shares a collective dream of a new India where new generation software products would be manufactured creating multiplier effects in growth of the state and nation, employment creation, and social transformation.
Through the Innovation and Start-up Policy, the government intends to create an ecosystem that produces an entrepreneur in every family.

The Vision envisaged for the new Innovation &Start-up Policy is:

“To create a world class ‘technology start-up ecosystem’ by fostering ‘entrepreneurship and a culture of innovation’ which contributes to increased knowledge, wealth and employment in our society.”

The targets laid out for the Andhra Pradesh through this Policy by June 30 2019 are:

• 100 Incubators / Accelerators to be established
• 5,000 Companies & Start Ups to be incubated
• 1 million sq ft of Incubation Space to be developed
• Venture Capital of Rs 1000 Cr to be mobilized for Innovation
• Foster Innovation Culture
• Create at least one home grown billion dollar technology start-up.

The Policy would have following Niche Themes as focus in the initial period:
• Internet of Things (IoT)
• ‘IT for X’ in the areas of Pharma, oil & gas, urban management.
• Social Media, Mobility, Analytics and Cloud Computing (SMAC)
• Fables Semiconductors
• Animation & Gaming
• Entertainment
• Visual Effects
• Health and Fitness
• Automotive

Check Also

images (1)

మ్యూజియం నిర్వహణలో అత్యుత్తమ సేవలకు గుర్తింపుగా శ్రేష్టత ధృవీకరణ పత్రం (Certificate of Excellence)

లక్ష్యం: మ్యూజియంలో పనిచేయనున్నవారు వారి విధుల నాణ్యతను మరింతగా పెంపొందించుకునే ఉద్దేశ్యం తో కేంద్ర ప్రభుత్వం అత్యుత్తమ సేవల గుర్తింపుగా ...

Leave a Reply

Your email address will not be published. Required fields are marked *