Punjab set to become startup hub of India: Mann

Describing startups as a key pillar of Punjab's future economic growth, Chief Minister Bhagwant Mann on Tuesday said his government is committed to ensuring that no promising idea is abandoned due to a lack of financial support.

Mann distributed seed grants worth Rs 1.07 crore to 31 startups and their founders, asserting that Punjab's next generation of successful entrepreneurs should not only come from the state but also build their companies in the state, creating jobs and wealth within the region.

Under the Punjab Startup and Industrial Policy 2026, seed grant assistance has been increased from Rs 3 lakh to Rs 5 lakh, with seven startups receiving grants of Rs 5 lakh each and 24 receiving Rs 3 lakh each.

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