Key Points
This framework, which seeks to create a global startup ecosystem that would work together, will be discussed on June 3-4 in Goa during a meeting of the Startup20 Engagement Group..
Various task forces within the group are working on different issues concerning startups, including the establishment of a startup definition framework, unlocking financing of startups, promoting cooperation between key stakeholders, focusing on marginalised groups and determining which startups are willing to be measured by sustainable development goals.IANSHINDI..
G-20 member countries will aim to arrive at a common framework to define startups next month, based on a draft policy communique issued by the grouping last week...
"There are many other financial issues like taxation of startups, which is a very major issue across the world," he said, adding in the inclusion part, "we are trying to focus" on marginalised groups and empowering these groups by following best global practices.. Further, the idea of the sustainability task force is to say which are those startups that are willing to be measured by sustainable development goals...
According to him, the possible outcomes from the summit meeting in Gurgaon on July 3-4 could include adoption of policy communique on startups, a common framework to define startups, a global innovation centre or a global network of innovation centres that would implement what Startups 20 group wants to take forward into action..
