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T'gana a role model for entrepreneurship : Dr Jayesh

Hyderabad, Mar 16 (UNI) Telangana Information Technology, Electronics and Communication Secretary Dr Jayesh Ranjan today said the state was a role model for entrepreneurship and innovation.
Speaking at a conference on “Telangana moving forward through innovation and entrepreneurship” organized by CII-Telangana on its annual meeting here, Dr Ranjan said Telangana Government was supporting the start-up ecosystem through various initiatives. “We are using Sand-box model to help develop rural entrepreneurship and the first initiative has been started in Nizamabad district as ‘Kakatiya Sand Box’, which will encourage entrepreneurial ventures by rural youth which are socially beneficial. Such initiatives are making the state, start-up capital of India”, he said.
Dr. Ranjan also mentioned that three important trends are being observed that are changing the business ecosystem – Firstly, we are able to find solutions to every problem in the world; secondly, the breakthrough innovations and technologies are primarily coming from start-ups; and thirdly, the average age of start-up entrepreneurs has been coming down with more and more young individuals joining the start-up revolution.
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