New Delhi, June 10 -- Punjab Chief Minister Bhagwant Singh Mann on Tuesday announced seed grant support worth Rs.1.07 crore for 31 startups, positioning entrepreneurship and innovation as key drivers of the state's future economic growth strategy.

Speaking at a Startup Punjab event, Mann said Punjab should not only produce successful entrepreneurs but also retain their ventures within the state. He argued that local startup growth could help create employment opportunities, strengthen economic activity and reduce outward migration among young professionals.

Under the Punjab Startup and Industrial Policy 2026, seed grant support has been increased from Rs.3 lakh to Rs.5 lakh. Of the 31 startups selected, seven received grants of Rs.5 lak...