Startups in Bihar
Bihar is progressing fast on the track of development, with unrelenting efforts being made towards strengthening infrastructure and promoting industrial growth. Government of Bihar is committed to improve competitiveness of the state's economy and achieving inclusive growth. This can be realized by promoting innovation and creating an ecosystem that nurture startups from concept to commissioning. In order to unlock the innovation potential of Bihar, a need of conducive and friendly Startup policy has been realized. With this policy framework along with private participation, the Government aims to enhance the depth and breadth of startup ecosystem in Bihar.
Government of Bihar formulated and notified Bihar Startup Policy, 2016 vide Resolution No. – 1849 dated 7th September, 2016. This is to create an independent and transparent eco system, wherethe State shall provide funding, promotion and policy support. The State has setup a Trust, with an initial corpus of INR 500 Cr., which acts as the nodal agency for implementation of this policy In order to further boost the ecosystem and to make it more holistic and beneficial for the youth and entrepreneurs of the state, the Government has approved the Bihar Start-up Policy, 2022. This policy also aims to broad base the coverage, with an effective and faster implementation process
Stats
Last updated: March 6, 2022
| Heading | 2017-18 | 2018-19 | 2019-20 | OverAll |
|---|---|---|---|---|
| No. of StartUp Registered | 4556 | 2756 | 3423 | 10735 |
| Seed Funded StartUp | 29 | 27 | 4 | 60 |
| Venture Funded StartUp | 0 | 0 | 0 | 0 |
| Incubator Supported | 867 | 175 | 339 | 1381 |
| No. of Incubaties | 41 | 29 | 0 | 70 |
| Purchase Order Awarded | 0 | 0 | 1 | 1 |
Incubators
- IIT, Patna
- NIT, Patna
- BEA
- BIA
- Rajendra Agricultural University, Pusa
- ICAR Research Complex for Eastern Region, Patna
- National Institute of Fashion Technology (NIFT), Patna
- Birla Institute of Technology, Patna
- Central Institute of Plastics Engineering and Technology (CIPET), Bihar
- Upendra Maharathi Institute, Patna
- Chandragupta Institute of Management, Patna
- Tool Room and Training Center, Patna
- Bihar Agricultural University, Sabour
- Apparel Training and Design Centre, Patna
News & Updates
October 6, 2022
In the first cycle of Start-Up applications, 83 have been shortlisted for the next level. Computer based test is on October 22, 2022 for basic understanding. […]
February 13, 2021
Sl. No Particulars Status 1 No. of Startups Registered on Bihar Startup Portal 18389 2 No. of Potential Start-Up Tagged For Incubation Support (Incubator Supported) 1476 […]
November 18, 2017
New Delhi: The Bihar Pavilion is living up to its “Start up India” theme.
September 14, 2017
In a focused attempt to showcase Bihar’s developmental efforts in the IT and ITeS, ESDM sectors, the Bihar Government has come out vision documents titled ‘Bihar […]
August 4, 2017
The Bihar government will organise an information technology conclave in Patna on September 13 and 14 to showcase the work being done to make the state […]
March 22, 2017
PATNA: Chief minister Nitish Kumar on Tuesday stressed the need for rural incubation centres in state to promote entrepreneurship. He said the state government is setting […]
August 28, 2016
Bihar Startup conclave bringing together under one roof the government, startups, investors, industry experts from across India to share their experiences, mentoring, networking. The event will […]
March 21, 2016
The Bihar government would bring a new ‘start up policy’ next month to help promote business ideas, Industries Minister Jai Kumar Singh said.