Startup Policies in two time zones and in two different contexts
Karnataka Startup Policy (2015-2020) was enacted in 2015. No doubt, Bangalore is one of the Startup capital of India and well known for its ' technology startups' across the world.
The government of Karnataka is one of the early adopters of creating an ecosystem.
Now, during 2020, UP has come up with Startup Policy. ( Superseding IT and Startup Policy of UP 2017).
Bangalore has a legacy of IT and an ecosystem of startups. This ecosystem attracts talent, innovation, investment, and growth.
IT infrastructure enabled the startup culture of Bangalore and Government policy definitely fueled the growth.
Let us take the example of UP.
The approach of Policy Framework is interesting and they have focused more on fundamental aspects of starting from one.
For example - Injecting entrepreneurship culture in the education system, technology-based skill training, allowing tie-up with the industries, etc.
For the states which do not have the natural advantage for startups, policy making needs deep research.
Replicating the Karnataka Startup model or Maharastra startup model will not work everywhere.
Because for these two states, the aim of startup policy is to accelerate and grow the ecosystem.