Piyush Goyal invites startups to register on public procurement portal GeM

New Delhi: Commerce and Industry Minister Piyush Goyal on Tuesday invited startups to register at public procurement portal GeM and offer goods as well as services to government organisations and PSUs.

He said that about 4,000 startups have already registered at Government e-marketplace (GeM).

“I invite all startups to list their products and start offering goods and services to government organisations, PSUs, state government bodies, hospitals, schools, and colleges run by the government,” Goyal said at the first edition of the National Startup Awards 2020 event.

He added that huge potential is there for startups in areas including railways, airport services, food processing, education, healthcare, agriculture, electronics and defence, and that about Rs 4,000 crore was already disbursed through Fund of Funds for startups, to about 361 startups.

The minister also called for creating a large pool of language interpreters as huge demand is there for them in missions abroad and other places.

He said that for a long time, ministries including external affairs, commerce and tourism are grappling with the need to have a large number of interpreters.

Aloe vera powered batteries, carbon fibre 3D printer

The awards, conceived by the Department for Promotion of Industry and Internal Trade (DPIIT), recognise and reward outstanding startups and ecosystem enablers with high potential of employment generation or wealth creation.

The first edition of the Awards invited applications across 12 sectors, which were further sub-classified into a total of 35 categories. These 12 sectors are agriculture, education, enterprise technology, energy, finance, food, health, industry 4.0, space, security, tourism and urban services. Apart from these, startups were selected from those which create impact in rural areas, are women-led and founded in academic campuses.

The winners included the developers of a solar powered robotic device for coconut sap tapping (Nava Design Innovation Private Limited), jackfruit flour (God’s Own Food Solutions Pt Ltd), world’s first 100% eco- friendly and non-hazardous batteries from Aloe Vera (Aloe Ecell Private Limited), a platform enabling UPI payments and lending to SME sector merchants (BharatPe), a 3D printer with capabilities to use carbon fiber as the raw material instead of plastic (Fabheads Automation) and a bike sharing service (Wickedride Adventure Services Private Limited).

“A total of 1641 applications were received from startups spread across 23 states and 4 Union Territories,” commerce and industry minister said in a statement. These applicants included 654 women-led, 165 academic institution based and 331 startups working in rural areas.

All applicants were evaluated against six broad parameters namely innovation, scalability, economic impact, social impact, environmental impact, and inclusiveness and diversity. After three rounds of detailed evaluation, 199 startups were selected for presentation before the jury. 192 out of these made presentations before the 15 specialist jury panels, which comprised domain experts from industry, investors and government.

“31 applications were received from incubators and 10 applications were received from Accelerators,” the ministry said.

9 incubators and 5 Accelerators were selected after three rounds of evaluation for presentation before the Jury Panel.

Piyush Goyal invites startups to register on public procurement portal GeM Piyush Goyal invites startups to register on public procurement portal GeM Reviewed by TechCO on 10/06/2020 Rating: 5

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