Archive · 13 Jan 2026
Punjab CM Supports Startups at First Conclave
Punjab's Chief Minister, Bhagwant Singh Mann, recently opened the state's first startup event at a university in Kapurthala.
He promised full support for new businesses and gave money to help them grow.
Over a hundred new companies showed their ideas, and the government gave special money to seven of them.
The Chief Minister said that new businesses are important for jobs and the economy.
He also talked about how important it is to work hard and be creative.
The event brought together many different people who are interested in helping new businesses succeed in Punjab.
Punjab Chief Minister Bhagwant Singh Mann inaugurated the state's first startup conclave at Lovely Professional University in Kapurthala.
The government disbursed seed grants totaling Rs 3 lakh each to seven startups and Rs 1.20 lakh for lease rental assistance to one startup.
Over 100 startups participated, along with investors, incubators, industry leaders, academicians, and policymakers.
Mann emphasized the importance of innovation, hard work, and entrepreneurship for Punjab's economic future.
The conclave aimed to showcase Punjab's innovation potential and foster collaboration among stakeholders to position the state as a preferred destination for startups.
- Who
- Punjab Chief Minister Bhagwant Singh Mann and various stakeholders including startups, investors, and policymakers
- What
- Inauguration of Punjab's first startup conclave and disbursement of seed grants
- When
- Monday (specific date not mentioned)
- Where
- Lovely Professional University, Kapurthala, Punjab
- Why
- To support and promote startups, foster innovation, and position Punjab as a preferred destination for entrepreneurs
- Event
- First startup conclave in Punjab
- Location
- Lovely Professional University, Kapurthala
- Participants
- Over 100 startups, investors, incubators, industry leaders, academicians, and policymakers
- Seed Grants
- Rs 3 lakh each to seven startups, Rs 1.20 lakh for lease rental assistance to one startup
- Focus Areas
- Agriculture, health, education, administration, women-led startups, and first-generation entrepreneurs
- Policy
- Industrial and Business Development Policy 2022
- Key Speaker
- Punjab Chief Minister Bhagwant Singh Mann
