Planning to incubate 50 early stage start-up companies and create at least five global companies over next years, the Ministry of Electronics and Information Technology, has set-up Electropreneur Park at University of Delhi, an official statement said in the national capital.
It was inaugurated by Information Technology and Electronics Minister Ravi Shankar Prasad.
This centre has been set up through a group of the government, industry and academia represented by Software Technology Parks of India, Delhi University and Indian Electronics and Semiconductor Association.
The centre already has six early stage startups onboard, with a few more in the process of on-boarding. The startups under incubation were awarded the admission certificate also, the statement said.
Electropreneur Park has received over 200 proposals for incubation till now.