We are ready to modify startup policy to woo IT firms: Sawant

NT NETWORK

Panaji

Stating that the startup world is changing, Chief
Minister Pramod Sawant on Thursday said the state government is willing to
modify its startup policy so as to bring IT companies into Goa.

On Thursday, the Dempo Group of Companies, one of the
leading industrial houses of the state, set up a facility called ‘MeWo –
Meetings & Co-working’ – for IT startups in collaboration with Biz Nest, a
Mumbai-based company.

It is the first initiative by the private industry in the
startup sector.

Launching the MeWo co-working facility, Sawant said that
co-working spaces are the latest trend in the IT world, and it is good thing
that the private industry has taken

the initiative towards it.

“People are coming up with new business ideas. Although
we have a startup policy in place we are ready to change it if people come with
different ideas. We are ready to accommodate all startups in our policy,”
Sawant said.

He pointed out that privately-funded facilities play an
important role in boosting the local IT infrastructure.

The Chief Minister was speaking in the presence of IT
Minister Jennifer Monserrate, chairman of the Dempo Group of Companies
Shrinivas Dempo and Biz Nest founder Abrar Shaikh.

By bringing outside startups into the state the
co-working facilities will stop Goans from migrating, as the facilities would
help the youth gain experience within the state, Sawant said.

Monserrate said that co-working facilities are a great
idea as unit owners do not have to worry about making the capital investment
for office premises.

Speaking on the MeWo facility, Dempo said that it is his
first project in the IT sector. The industrialist, who is also a member in the
state Startup Council, said the co-working venture space would help address the
deficiency in the startup culture in Goa.

“The government wants to create jobs by promoting
self-employment. This facility will give Goans gainful employment and also help
them in starting new business,” Dempo said.

He added that the group is keen on taking the venture
forward and replicate the co-working model all over the state and take it to
hinterland locations.

Dempo revealed that the co-working facility already got
two startups registered with it; of which, one startup is providing employment
to eight Goans.

MeWo, the co-working space, located in the Dempo Trade
Centre, Patto, Plaza, offers working space in different configurations.

The facility is also ready to offer free incubating
service to innovative startup, Shaikh said.

Source:: The Navhind Times

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