28062021 Vadodara, Vadodara StartUp Studio:
With Industrial Clusters, Inexpensive Resources / Infrastructures, and proximity to premier educational institutions, Vadodara is becoming an emerging launch pad for startups and entrepreneurs.
Gujarat has many attractions for those looking in from outside, From Its Food to Fabric’, ‘Cooperative to Industrial Clusters’, and ‘SEZ – Special Economic Zones to Emerging Startup Hubs’.
Not many might know that Gujarat was the first state to launch Student Startup & Innovation Policy (SSIP)’, and ‘IT & Electronics Startup Policy’. Thanks to these support systems and various state government initiatives, since the last several years Gujarat is ranked as a leading state in Innovation & Student Startup initiates in the country.
Popularly known for Its Industrial cluster, Vadodara has now upped its game to support early-stage startups to emerge and grow. Young Professionals and Students here can now be seen taking the entrepreneurial road too.
As Gujaratis are known for their business sense and risk appetite, Barodians (as the city’s natives are called) are working upon developing tech solutions and solving real challenges.
Apart from quality talent, lower commute time, and infrastructure resources, Vadodara City has an entrepreneurial community of well-connected people. With progressive efforts of government agencies and the startup community, there has been a significant rise in the number of startups in the city.
Vadodara has been recognized as the emerging startup hub of the state, both in terms of new companies being incubated and the quantum of funds raised by these entities.
Most of the successful start-ups in the region belong to the newer sector such as Education technology, IoT (Internet of Things), Pharma, Health-tech, AR / VR / MR, and Financial technology that were non-existent decades back. The Platform has been set for newer startup ventures to emerge from Vadodara.
Now Vadodara has dedicated startup incubators and accelerators such as Vadodara Startup Studio – Parul Innovation & Entrepreneurship Research Center (By Parul University) to nurture the early-stage startup ventures.
[The author (Nikhil Suthar) is working as Chief Operating Officer (COO) at ‘VADODARA STARTUP STUDIO – PARUL UNIVERSITY’ and having a national foothold in the start-up ecosystem as a key ecosystem enabler.]
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