Why in news?
- Launched on 19th February 2019, StartUp Runway is a unique concept initiated by GeM to promote entrepreneurship through innovation.
More in news
GeM Start-up Runway:
-
This program is an opportunity for Startups to reach out to the Government Buyers by offering products and services that are unique in concept.
-
DPIIT (Department for Promotion of Industry and Internal Trade) certified Startups are invited to offer their products for procurement on GeM.
-
It seeks to support technology development, research and innovation by ensuring a conducive policy environment for industrial diversification.
SWAYATT Initiative:
-
Aims to promote Start-ups, Women and Youth Advantage Through eTransactions on GeM.
-
This will bring together the key stakeholders within the Indian entrepreneurial ecosystem to GeM.
Source
PIB