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
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