STATES’ STARTUP RANKING 2021

RAJASTHAN

Rajasthan | Aspiring Leader 0

Rajasthan | Aspiring Leader 1
 Table of Contents
States’ Startup Ranking Results 2021 .............................................................................................. 4
Rajasthan Startup Ecosystem .......................................................................................................... 5
1.1 Introduction ............................................................................................................................. 5
1.2 Highlights of Rajasthan Startup Ecosystem ................................................................................ 7
Reform Area wise Assessment ......................................................................................................... 8
2.1 Institutional Support ................................................................................................................. 8
2.2 Fostering Innovation and Entrepreneurship .............................................................................. 11
2.3 Access to Market .................................................................................................................... 13
2.4 Incubation Support ................................................................................................................. 15
2.5 Funding Support ..................................................................................................................... 17
2.6 Mentorship Support ................................................................................................................ 19
2.7 Capacity Building of Enablers................................................................................................... 20

Rajasthan | Aspiring Leader 2

Rajasthan | Aspiring Leader 3
States’ Startup Ranking Results 2021
Rajasthan has participated in all 26 Action Points under the Startup Ranking Framework 2020. The status of
Rajasthan’s performance in each of the Reform Area has been graphically represented below. Data presented
is the percentile score, which is the relative performance of the State in each Reform Area as compared to
other participating States/UTs. For example, if Rajasthan has a score of 34th percentile in the 'Institutional
Support' Reform Area, this implies that the State has scored higher than 34% of the participating States/UTs
in that Reform Area.
34th

9th
5th

0
Institutional Support Fostering Innovation Access to Market Incubation Support
and Entrepreneurship*

80th
0
0

Funding Support Mentorship Support Capacity Building

of Enablers

Rajasthan has been evaluated across seven Reform Areas that have a significant contribution towards
propelling the startup ecosystem in the State. The State has shown remarkable performance through ‘Capacity
Building for Enablers’. The range of impact generated through ‘Institutional Support’ is also noticeable.
Detailed analysis with insights into the initiatives taken by the State to promote its startup ecosystem are
discussed in the subsequent sections.
Rajasthan | Aspiring Leader 4
Rajasthan Startup Ecosystem
1.1 Introduction
The State introduced the iStart Rajasthan program to foster innovation and support startups. The iStart
Rajasthan program is among the most successful
Figure A: Achievements of Rajasthan Startup Ecosystem
startup programs running in the country and has been
conferred with a silver award for “Excellence in
Adopting Emerging Technologies” at National
eGovernance Awards 2019. iStart Rajasthan through its
mentors, third-party evaluators, and pool of experts is
working towards the promotion of startups and
INR 2.5 Cr+
entrepreneurship. It is acting as a society working for Financial Support
fostering and supporting entrepreneurs in Rajasthan
(refer to Figure A for achievements of Rajasthan Startup
Ecosystem).

The State introduced the Rajasthan Startup policy in 5+ 300+

2015 to further keep the spirit of entrepreneurship Incubators Registered
alive. The policy aims to establish a culture of problem- Startups
solving and innovation in the State (refer to Figure B for
focus areas of the Startup Policy).

Figure B: Focus Areas of Rajasthan Startup Policy

Online
Financial
Services
Renewable
Disruptive Energy
Technologies

Rural
Infrastructure

Rajasthan | Aspiring Leader 5

The Nodal Department for the startups in Rajasthan is the Department of Information Technology and
Communication (refer to Figure C for the key stakeholders of the Rajasthan Startup Ecosystem).

Figure C: Flowchart Of Rajasthan Startup Ecosystem

Rajasthan
Startup Ecosystem

Department of
iStart Rajasthan Information
Technology and
Communication

Acceleration
Incubators Partnerships
Programs

Mentors Techno Fund Departments

Rajasthan | Aspiring Leader 6

1.2 Highlights of Rajasthan Startup Ecosystem

The Government of Rajasthan has undertaken several initiatives to boost more than 300 registered startups
in the State (refer to Figure D for the impact of initiatives undertaken by the Government of Rajasthan).

Figure D: Impact of Initiatives undertaken by the Government of Rajsthan

Number of State supported

Registered Women-led Grassroot
Registered and Private
Mentors Startups Startups
Startups Incubators

300+ 5+ 10+ 50+ 10+

Startup Benefits School Innovation Challenge Challenge for Change -

Rural Innovation
1. Sustenance Allowance iStart has espoused an iStart
Challenge
2. Seed Funding School Innovation Challenge,
given its innovation and learning- Startups are invited to
Financial Assistance under by-doing ethos. It has been showcase their prototype
Techno Fund envisaged to help unleash and build on their ideas to
immense strength, creativity, and solve problems of rural
Sanction of up to 100% of
potential of school students of India for its inclusive and
funding with INR 25L capital
the State sustainable development

Learning Management System Program

iStart School Portal is an online education hub that provides a large

and indispensable set of features to support student entrepreneurship
activities such as classroom learning, online workshops, and
development of skills

Rajasthan | Aspiring Leader 7

Reform Area wise Assessment

2.1 Institutional Support

Institutional Support focuses on the execution and facilitation of the State/UT’s startup policy through a
comprehensive portal and specific incentives provided by various Government stakeholders. This Reform Area
focuses on the access to information for startups on the State-supported initiatives. It analyzes whether a
particular State/UT has a functional startup portal offering single window solutions for all startup ecosystem
stakeholders. A holistic startup portal offers services ranging from startup registration to an efficient
grievance redressal mechanism in making information accessible and inclusive through the functionality of
local languages. A special focus has been drawn towards women-led startups with specially tailored incentives
and schemes to ensure equitable implementation. The Reform Area also emphasizes on institutionalized
support provided to the startups from various State/UT Government departments.

2.1.1 Key Initiatives

iStart Rajasthan ( https://istart.rajasthan.gov.in/pages/istart ) is the official website Figure E: QR code to the

for all information relating to startups in the State (refer to Figure F). The portal iStart Portal Rajasthan
features an attractive user interface making it user-friendly and accessible for startups
looking for information on policies, processes, and benefits.

 The Department of Information Technology and Communication (DOIT&C),

Government of Rajasthan of the Nodal Department for startup initiative in
the State.
 The Department of Information Technology and Communication is led by
the Honourable Chief Minister of Rajasthan and is governed by the Principal Secretary, the
Department of Information Technology and Communication, who is the nodal authority and single
point owner of driving startup initiatives in the State.

The program is further strengthened by the Government of Rajasthan’s Startup Council and State Level
Implementation Committee (SLIC) for the startup ecosystem which includes experts from the Government,
industry, academia, and investors.

Rajasthan | Aspiring Leader 8

 iStart Rajasthan, a comprehensive startup portal, includes information such as:

1. State Startup Policy

2. Information on Nodal Department and Team
3. Dedicated Helpline for Startups
4. State-level Approvals and Clearances
5. List of Incubators and Procedures to Connect
6. List of Mentors and Procedures to Connect with Mentors
7. Detailed Support on – Public Procurement and Funding

Figure F: iStart Portal Rajasthan1

The State Government has given importance to supporting women-led startups through several kinds of
incentives. The State has identified women-led enterprises as one owned and controlled by women having a
minimum financial interest of 51% of capital and giving at least 51% of employment generated in the enterprise
for women. Women-led startups are those with a woman as Founder or Co-Founder or CXO.

According to the State’s MSME Policy, which is also applicable to startups, the State Government has
introduced the following specific incentives for women-led startups:

 Interest subsidy for setting up micro-enterprises

 Reimbursement of the service processing fee charged on the sanction of a loan, subject to a
maximum amount of INR 50,000

1
“Homepage”, istart Rajasthan website, https://istart.rajasthan.gov.in/pages/istart
accessed 22 March 2022
Rajasthan | Aspiring Leader 9
 More than 50 startups benefited from the multiple schemes offered by the State Government. These
startups have gained benefits such as:

 Sustenance allowance of INR 10,000 per month

 Mentoring support
 Free or subsidised incubation support

In addition to the Nodal Department, 8 other State departments have been providing support to startups in
the State.

The Finance Department of Rajasthan has come forward with specific incentives for startups through its
“Rajasthan Investment Promotion Scheme – 2019”. According to this scheme, a startup set-up by an
enterprise or agro-cooperative or producer organization or special purpose vehicle making an investment
equal to, or above INR 25 lakhs will be granted 25% additional investment subsidy on State tax , due and
deposited, for 7 years.

2.1.2 Way Forward

The State may prioritize actions in four categories to further strengthen the startup ecosystem, viz. Policy
Intervention, Digital Infrastructure, Handholding Support, and Capacity Development.

The State may undertake actions in the following manner:

Digital Infrastructure2

 The State Government may further enhance its startup portal by including information on the State
departments providing institutional support to startups. Such information will allow startups to avail
the support provided by various departments.

 The State Government could continue to enhance the translation of the State Startup Portal into Hindi.
This will enable wider participation from startups across the State.

 The State Government may consider developing a grievance redressal system on the State Startup
Portal. Grievance redressal is an important part of a seamless startup experience and startups will
benefit from having a simple way to register their issues. The portal can be upgraded to include a
mechanism for startups to submit requests or grievances on topics such as incubation support,
intellectual property rights, regulatory issues, etc. Users can also be provided with the option to track
the issues they have raised through their dashboard, by email, or by a ticket ID.

2
Actions that involve improvement or enhancement for access to information by the State
on the public domain to support startups.
Rajasthan | Aspiring Leader 10
 2.2 Fostering Innovation and Entrepreneurship

Fostering Innovation and Entrepreneurship seeks to encourage the spirit of innovation among aspiring
students and rural entrepreneurs. It focuses not only on the assessment of the total number of registered
startups in each State/UT, which is a direct result of the State/UT support but also on the regulatory reforms
undertaken to support startups in disruptive sectors. This Reform Area assesses the extent to which Higher
Educational Institutes (HEIs) have been engaged in providing support to student entrepreneurs. It also
highlights the value of innovation through disruption and promotes State-supported technological disruption
to help drive innovation.

2.2.1 Key Initiatives

iStart Rajasthan has been proactive in its initiatives and measures to help
More than 40,000
startups grow and scale-up. The State has supported the academic institutes to
students participated in
conduct various workshops, webinars, hackathons, networking events, and
the entrepreneurial
pitching sessions regularly to provide a platform for startups. The State has
programs conducted by
established cohesive partnerships with educational institutions and their
the State in Higher
incubation centres to foster the growth of the startup ecosystem. The Nodal
Educational Institutes
department is associated with 75 academic institutes and signed agreements
with 10 academic institutes and incubation centres.

Rajasthan has conducted more than 280 programs in HEIs to promote entrepreneurial spirit and
support student entrepreneurs. A few of these programs are:

Celebration of National
E-Summit 5.0 India’s Post COVID Scenario
Science Day

A Leadership Talk: Self-Employment Opportunities

A Leadership Talk : NITI AYOG
YourStory.com for Educated Youth with MSME

Rajasthan | Aspiring Leader 11

 The State Government has initiated efforts to promote startups with rural impact
More than 5
by defining grassroots innovations. This includes:
startups with
 Products and processes that have been developed in response to rural impact have
challenges and opportunities in a local context been supported by
 Innovations that have the potential to be turned into entrepreneurial the State
ventures and generate a livelihood for the innovator as well as others in
the community
 Innovations often developed in the face of limited material, financial, knowledge and infrastructural
availability
Figure G: Rural Innovation Challenge on the iStart portal3

2.2.2 Way Forward

The State may prioritize actions based on the suggestions mentioned below to further strengthen the startup
ecosystem.

Policy Intervention4
 The State departments may come up with respective policies to support the relevant disruptive
technologies to support the startup ecosystem. The State can work on the inclusion of disruptive areas
such as the Internet of Things, Artificial Intelligence, Robotics, Machine Learning, and Blockchain in its
policy development.
 The State can look at providing a “digital upscaling subsidy” to facilitate startups with the adoption of
disruptive technologies. The State can provide a one-time subsidy for the procurement and up-
gradation of high-end electronic equipment.

3 “Rural istart program”, iStart Rajasthan website, https://istart.rajasthan.gov.in/rural-startup

accessed 23 March 2022
4 Actions that involve policy-related engagement by the State.

Rajasthan | Aspiring Leader 12

 2.3 Access to Market

This Reform Area seeks to encourage the State/UT Government to ease participation in the public
procurement process for startups and become an enabler in connecting startups with private stakeholders.
The States/UTs are evaluated based on the support provided by them to startups through the organization of
showcase opportunities such as Demo-Day, Buyer-Seller Meet, National and International Events, and
relaxation in rules for Government work orders. The aim is to steadily increase the number of work orders
awarded to startups by helping them be at par with the established players in their respective sectors.

2.3.1 Key Initiatives

The Government of Rajasthan has amended the Rajasthan Transparency Public Procurement Act (RTPP) to
increase the participation of startups in public procurement activities. The Government of Rajasthan has
ensured relaxations on prior experience, prior turnover, and Earnest Money Deposit (EMD) submission for
startups with work orders for a minimum of INR 1 Crore. Procurement of goods/services from Government
Departments without any bid process has been facilitated through the amendments in the RTPP Act.

The State has conducted more than 10 programs and workshops to encourage the participation of startups
in public procurement activities and provide showcase opportunities to startups. The programs include demo
days, exhibitions, and demand days. Some of these programs are:

Rajasthan innovation and Startup Expo (RISE) Microsoft’s Highway to A 100 Unicorns Program
2019

Challenge for Change Rajasthan Innovation Expo

Rajasthan Innovation and Startup Expo (RISE) 2019

iStart Rajasthan conducted a startup expo in December 2019 to

encourage and promote the startups of the State. The Exhibition
provided a platform for startups to showcase their products as
well as connect with investors. The Startup Expo saw
participation from more than 100 investors. More than 130
startups participated in this event and got an opportunity to
connect with industry leaders.

Rajasthan | Aspiring Leader 13

 The Government of Rajasthan provided public More than INR 11 Lakh worth work
procurement related benefits to around 50 order given to startups by the State
startups Government

2.3.2 Way Forward

The State may prioritize actions based on the suggestions below to further strengthen the startup ecosystem.

Handholding Support5
 In addition to events organized by the State for creating market access for the startups, iStart
Rajasthan may organize additional events or programs with a focus on international markets and
opportunities.

 The State of Rajasthan can organize activities or programs to assist in COVID 19 relief measures by
sourcing from startups. Highlighting such startups and activities would encourage others to enter and
innovate in the field of health and health technology.

Policy Intervention
 The State Government may consider introducing unconditional relaxations for startups to increase
their participation in public procurement.

5 Actions that include support provided in terms of mentorship and incubation.

Rajasthan | Aspiring Leader 14
 2.4 Incubation Support

Incubation support is provided in the form of financial and infrastructural support to startups and State-
supported incubators. The State/UT Governments have been supporting incubators to set up or upgrade
existing facilities through funds and incentives to enhance the incubation infrastructure. This Reform Area
also aims at ensuring proportionate utilization of the incubation capacity of the State-supported incubators.
The support provided by the State/UT to the incubators through programs and incentives will in turn help
startups in scaling up and thereby, contribute to the growth of the State/UT startup ecosystem.

2.4.1 Key Initiatives

The Government of Rajasthan aims to promote new-age startups, enhance entrepreneurship across the State
and drive economic growth through innovation. In this regard, more than 130 startups in Rajasthan have
received incubation support. The State supported incubators have the seating capacity of more than 700
startups.

iStart Nest Incubator

More than 40
startups
iStart Nest, the Government of Rajasthan’s incubation centre is the only centralised have in the
incubator
receivedisacceleration
country providing free incubation to emerging startups. The incubation program designed to help
support from the
startups gain traction through deep mentor engagement, rapid iteration cycles, and fundraising
preparation State.

iStart Rajasthan supported associated organizations such as Startup Oasis, Banasthali Vidyapith Incubation
Centre, and IIM Udaipur which have been actively involved in curating acceleration programs for the startups
of Rajasthan. The State has conducted more than 5 acceleration programs through which startups have
received support in terms of mentoring, capacity building, technical support, and corporate innovation. Some
of the acceleration programs are:

 Launch-n-Zoom 2.0, by IIM Udaipur

 Her-n-now
 Innocity Build Accelerator

Rajasthan | Aspiring Leader 15

 Figure H: Techno Hub Incubation Centre in Rajasthan
Techno Hub

State Government has operationalized the

biggest and the most advanced startup hub -
Techno Hub to accelerate the pace of
creating a compelling startup ecosystem in
the State. The aim is to provide an entire
support system to the rising entrepreneurs by
helping them to pitch their ideas and get
connected with the potential investors.

Innocity Build Accelerator

Startup Oasis, a State-funded programme, in collaboration with CIIE & TIE Rajasthan has established
this acceleration initiative. The program is focused on supporting startups building tech solutions for
Rajasthan and the world in emerging and regionally relevant sectors. Startups that have developed a
Proof of Concept (POC) or have a Minimum Viable Product (MVP) ready and are looking for mentoring
from sector and domain experts can apply. Selected startups also get the chance to pitch to Startup
Oasis/CIIE for grants from INR 4-7 Lakhs and seed funding support from INR 25 Lakhs to INR 100 Lakh
and more through co-funding by interested angels. Startups with social impact also get a chance of an
additional INR 15 Lakh funding through SAP India CSR.

2.4.2 Way Forward

The State may prioritize actions based on the suggestions mentioned below to further strengthen the startup
ecosystem.

Handholding Support6
 The State may enrol more startups in acceleration programs to provide startups with the opportunity
to connect with investors, engage in skill development and obtain knowledge support.

 The State may leverage the virtual format for holding seminars and discussions. In this way, the State
could take advantage of this opportunity to connect with stakeholders outside the State as well as
outside the country.

 The State may provide a special focus on capacity utilization in the incubation centres for the startups.
The existing incubators could be upgraded to further increase their capacity. Within each incubator,
more seats could be reserved for startups.

6
Actions that include support provided in terms of mentorship and incubation
Rajasthan | Aspiring Leader 16
 2.5 Funding Support

All startups require timely availability of funding for their growth. This Reform Area encourages various
State/UT Governments to establish either Seed or Venture funds or Fund of Funds for startups. It also focuses
on the access to these funds established by the State/UT Government. A special focus has been given to
initiatives and programs undertaken for connecting startups with private investors through workshops,
networking events, pitching sessions, and investor networking events.

2.5.1 Key Initiatives

The State Government has created a startup fund: 'Techno Fund'. Techno Fund has been introduced to provide
a sky of opportunities to potential startups of the State. The fund would be utilized for the growth and overall
development of the startups and will thus levitate the startup community of Rajasthan to the highest pinnacle
in the country.

Figure I: Financial Assistance for Startups on the iStart Rajasthan Portal7

More than 50 startups have received financial assistance from the State worth more than INR 2.5 Crore

7“Techno Fund”, iStart Rajasthan website, https://istart.rajasthan.gov.in/techno-fund

accessed 23 March 2022
Rajasthan | Aspiring Leader 17
More than 30 programs were conducted by the State to facilitate startup investor connections. The investor-
connect programs included pitching sessions, marketing, and branding for startups.

Startup to Scaleup - An Angel investor’s perspective

Startup Grind Jaipur in partnership with iStart Rajasthan hosted its first event, 'Startup to Scaleup – An
Angel Investors Perspective', on 02 November 2019 at Techno Hub, Jaipur. Angel investors fill in the gap
between the small-scale financing provided by family and friends and venture capitalists. Startup grind
organized this event to make startups aware of angel investing and insights. This event was specially
designed to educate, inspire, and connect idea-stage and early-stage startups, as well as aspiring and
established entrepreneurs.

2.5.2 Way Forward

The State may prioritize actions based on the suggestions mentioned below to further strengthen the startup
ecosystem.

Policy Intervention
 The State may develop an online mechanism for the disbursement of funds ensuring transparency and
easing the process of tracking the transactions.

 The State may introduce a funding scheme focused on startups in disruptive sectors. This will boost
the startup ecosystem in the State and bring in more engagement from startups innovating in different
sectors such as Electric vehicles, Cloud Computing, E-commerce, and 3D Printing.

Rajasthan | Aspiring Leader Agri-Government 18

Startup Connect
 2.6 Mentorship Support

Mentorship support provided by States/UTs is a crucial factor in the growth of startups that do not have the
means and network to find such guidance on their own. Mentors can be from business schools providing
support in terms of marketing, finances, product, international expansion, fundraising, legal, etc. They can
also be founders of established businesses or academic researchers. The Reform Area measures efforts by
the State/UT Government in facilitating mentorship to startups. This has been assessed by the number of
startups benefitting from the State’s/UT’s network of mentors and the time spent by the startups with
mentors.

2.6.1. Key Initiatives

The State has acknowledged the importance of mentorship in developing the startup ecosystem. iStart
Rajasthan provided mentoring through the following mediums:

 Onboarding Academicians as Mentors

 Onboarding Sector Experts for one-on-one Support to Incubates
 Online Mentor-Mentee Mechanism

More than 250 startups connected with 10 State-supported mentors

2.6.2 Way Forward

The State may prioritize actions based on the suggestions mentioned below to further strengthen the startup
ecosystem.

Handholding Support
 The State may develop the iStart portal in a way where startups can connect with mentors through the
State Startup Portal.

 The State has an established network of mentors in the State. They may further engage and connect
with mentors outside the State, at the national as well as international level.

 The option for virtual mentorship through video calls could be explored to learn from other national
and international experiences.

Rajasthan | Aspiring Leader 19

 2.7 Capacity Building of Enablers

Capacity building of key stakeholders and enablers is essential for driving the growth of the entire startup
ecosystem. It is vital to provide necessary information to the key ecosystem facilitators to enable startups
with the opportunity to contribute to Government initiatives. This Reform Area assesses sensitization
workshops, programs conducted for Government officials, and workshops conducted to train State-supported
incubators. It also focuses on the capacity development of potential private investors to encourage local
private investments.

2.7.1 Key Initiatives

An incubator undergoes multiple phases during its journey from inception to growth and long-term
sustainability. iStart Rajasthan understands the value of Incubation support provided to startups and capacity
building of incubation managers and support staff.

The State of Rajasthan has conducted more than 5 sensitization workshops for officials of State Government
departments on the startup ecosystem of India.

Training Program for Government Officials

The training program was conducted in December 2020. The major objective of the training programme
was to upgrade the knowledge and skills of the Government officials on entrepreneurship, so that they will
be able to guide and counsel the startups of the State.

The objectives of the event were:

 To impart knowledge on entrepreneurship

 To upgrade the knowledge and skills of the participants on entrepreneurship
 To impart the basic management skills
 To promote viable enterprises in rural areas

Rajasthan | Aspiring Leader 20

 Figure J: Training Program for State Government Officials

The Startup Rajasthan Cell has also conducted several capacity development programmes and workshops for
the State supported incubators. The topics of the workshop included:

 Business Incubation Marketing and Stakeholder Management

 Financing a Business Incubator
 Managing the Business

For potential investors, the State conducted workshops that included angel investor workshops. The
workshops included knowledge-based sessions on the basics of angel investing.

Workshop on investor term sheet for early investments

Highlighting the importance of term sheets, a webinar was conducted for potential investors in October
2019. The workshop revolved around the basic knowledge of valuation/term sheets. Startups were
interested in knowing the Dos and Don’ts for the startup valuation and term sheet for the upcoming
activities. This activity helped them with the preparation of valuation sheets as well as connecting with
investors.

Rajasthan | Aspiring Leader 21

 2.7.2 Way Forward

The State may prioritize actions in terms of the following suggestions to further strengthen the startup
ecosystem of Rajasthan.

Capacity Building8
 The State may increase the reach of the various workshops in terms of the number of districts covered.
With the pandemic offering the opportunity for virtual programs, this route can be explored by the
State to reach out to all the districts of the State.

 The State may train State-supported incubators through capacity development workshops by
collaborating with incubators from other States to explore mutual learning opportunities. The State
may collaborate with Incubators from other States as well.

8Actions that involve support extended by the State to conduct

programs and workshops for ecosystem stakeholders.
Rajasthan | Aspiring Leader 22
Rajasthan | Aspiring Leader 23
List of Figures

Figure A: Achievements of Rajasthan Startup Ecosystem........................................................................ 5

Figure B: Focus Areas of Rajasthan Startup Policy ................................................................................. 5
Figure C: Flowchart Of Rajasthan Startup Ecosystem ............................................................................. 6
Figure D: Impact of Initiatives undertaken by the Government of Rajasthan .............................................. 7
Figure E: QR code to the iStart Portal Rajasthan .................................................................................... 8
Figure F: iStart Portal Rajasthan .......................................................................................................... 9
Figure G: Rural Innovation Challenge on the iStart portal ...................................................................... 12
Figure H: Techno Hub Incubation Centre in Rajasthan .......................................................................... 16
Figure I: Financial Assistance for Startups on the iStart Rajasthan Portal ............................................... 17
Figure J: Training Program for State Government Officials ................................................................... 21

Rajasthan | Aspiring Leader 24

List of Abbreviations

CIIE Centre for Innovation Incubation and Entrepreneurship

CSR Corporate Social Responsibility
DOITC Department of Information Technology and Communication
EMD Earnest Money Deposit
HEI Higher Educational Institutes
MSME Micro Small Medium Enterprises
MVP Minimum Viable Product
PoC Proof of Concept
QR Quick Response
RISE Rajasthan Innovation and Startup Expo
RTPP Rajasthan Transparency Public Procurement Act
RVCF Rajasthan Venture Capital Fund
SLIC State-Level Implementation Committee

Rajasthan | Aspiring Leader 25

Rajasthan | Aspiring Leader 26
CONTACT US
www.startupindia.gov.in

dipp-startups@nic.in

1800-115-565

Rajasthan | Aspiring Leader 27