<p>The government on Monday released the draft National Deep Tech Startup Policy (NDTSP) that spells out a nine-point programme to create a conducive ecosystem for the sector, which is crucial for enhancing India's capability and global competitiveness.</p>.<p>A deep tech startup involves early-stage technologies based on scientific or engineering advancements, which are yet to be developed for any commercial applications.</p>.<p>The draft NDTSP, released by the office of the principal scientific advisor to the government, has sought comments from the public by September 15.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/economy-business/startups-in-india-to-grow-tenfold-in-next-4-5-years-union-mos-rajeev-chandrasekhar-1237633.html">Startups in India to grow tenfold in next 4-5 years: Union MoS Rajeev Chandrasekhar</a></strong></p>.<p>The draft NDTSP suggests necessary changes in nine policy areas such as nurturing research, development and innovation; strengthening the intellectual property regime; facilitating access to funding; enabling shared infrastructure and resource sharing; creating conducive regulations, standards, and certifications; attracting human resources and initiating capacity building; promoting procurement and adoption; ensuring policy and program interlinkages; and sustaining deep tech startups.</p>.<p>“This policy complements and adds value to the existing Startup India policies, programmes and initiatives, by fostering a conducive ecosystem for deep tech startups to thrive and address their unique and complex challenges,” an official statement said.</p>.<p>The draft policy was shaped by the National Consortium and Working Group set up by the Prime Minister's Science, Technology, and Innovation Advisory Council (PM-STIAC), which received inputs from over 200 stakeholders within and outside the deep tech startup ecosystem.</p>
<p>The government on Monday released the draft National Deep Tech Startup Policy (NDTSP) that spells out a nine-point programme to create a conducive ecosystem for the sector, which is crucial for enhancing India's capability and global competitiveness.</p>.<p>A deep tech startup involves early-stage technologies based on scientific or engineering advancements, which are yet to be developed for any commercial applications.</p>.<p>The draft NDTSP, released by the office of the principal scientific advisor to the government, has sought comments from the public by September 15.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/economy-business/startups-in-india-to-grow-tenfold-in-next-4-5-years-union-mos-rajeev-chandrasekhar-1237633.html">Startups in India to grow tenfold in next 4-5 years: Union MoS Rajeev Chandrasekhar</a></strong></p>.<p>The draft NDTSP suggests necessary changes in nine policy areas such as nurturing research, development and innovation; strengthening the intellectual property regime; facilitating access to funding; enabling shared infrastructure and resource sharing; creating conducive regulations, standards, and certifications; attracting human resources and initiating capacity building; promoting procurement and adoption; ensuring policy and program interlinkages; and sustaining deep tech startups.</p>.<p>“This policy complements and adds value to the existing Startup India policies, programmes and initiatives, by fostering a conducive ecosystem for deep tech startups to thrive and address their unique and complex challenges,” an official statement said.</p>.<p>The draft policy was shaped by the National Consortium and Working Group set up by the Prime Minister's Science, Technology, and Innovation Advisory Council (PM-STIAC), which received inputs from over 200 stakeholders within and outside the deep tech startup ecosystem.</p>