India, July 17 -- The Delhi Government has approved the Delhi Start-up and Incubation Policy with the aim of giving a fresh push to innovation, research and entrepreneurship in the national capital.

Under this ambitious policy, more than '400 crore will be invested over the next five years. In its initial phase, it will be implemented in 11 state universities, 13 government-aided colleges, polytechnic institutions, Industrial Training Institutes (ITIs) and Government schools. The policy has received the Cabinet's approval. The Government will provide one-time financial assistance to eligible institutions for setting up and strengthening incubation centres. In addition, these centres will receive annual operational support for mentoring, ...