India, June 10 -- Punjab Chief Minister Bhagwant Singh Mann on Tuesday distributed seed grants worth Rs.1.07 crore to 31 startups, saying the state is emerging as a preferred destination for entrepreneurship and innovation. He said the government wants the next generation of successful founders from Punjab to build their companies within the state and create jobs locally.

Addressing a function to distribute Startup Punjab seed grants, Mann said startups would play a key role in Punjab's future economic growth and asserted that the government was committed to ensuring that promising ventures do not struggle due to a lack of early-stage funding. Under the Punjab Startup and Industrial Policy 2026, seed grant assistance has been enhanced fr...