India, July 19 -- Rs 400-crore initiative aims to strengthen incubation, innovation and entrepreneurship across educational institutions.

New Delhi

In a major push to strengthen Delhi's start-up ecosystem, the Delhi Cabinet has approved a Rs 400-crore Start-up and Incubation Policy that seeks to transform educational institutions into centres of entrepreneurship while providing early-stage ventures with financial, technical and mentoring support.

The policy, to be implemented over the next five years, proposes the creation and strengthening of incubation centres across state universities, government-aided colleges, polytechnics and Industrial Training Institutes (ITIs). These centres will provide aspiring entrepreneurs with access to m...