Hello Mumbai Business Desk
Start Ups and expectation from them has been in the news forever drawing comparisons with leading countries where the provisions and eco-system for start ups are very evolved.
Every budget is looked upon with 2 major objectives – Intent & Execution.
The budget 2025 has highlighted some important areas of support for the Start Ups.
As a company focusing on innovation, the business environment involves higher risks of failures. In such a scenario, the major focus of the company should be towards developing their products & services and increasing their business instead of financial constraints.
Announcement of Taxations benefits & credit extension in the budget does support this major challenge faced by start ups.
The other inclusion of 10K crore fund of funds in various sectors brings opportunities for the start ups in the sector and will provide them with a chance to upgrade themselves for global markets. These funds should be supporting ideas to market initiatives instead of on R&D alone.
Empowering women, schedule caste and schedule tribes for the first time entrepreneurs is also a significant approach in creating new opportunities. This does show the intent of the government.
While all these announcements are clearly positive, what remains to be seen is the actual impact on the eco-system. Start ups need a larger gestation period and continuous support to thrive. The policy makers need to create mechanism to monitor the delivery of the benefits to the Start Up through eco-system partners like us. The execution will only make the difference is we are to be considered as serious contenders in the segment.
Brief Introduction Of Umesh Unnikrishnan
He is Director of WeSpark Startup Association which works for Early Start-ups and plays very important role between Government and Startup founders. He has vast experience of Marketing, Networking and Exhibition sectors. He has worked with many big brands during his career. He is very active and trusted face’ in Indian Start-up Ecosystem
Actively working in the space of Exhibitions, Industry and Government collaborations since 2010. Associated with major international networking platform organisers, instrumental in creating collaborations and partnership with major Industry representation associations, State and Central Government Departments and Ministries.
Founded Theistic Business Consultants in the year 2018 and has been since engaging in creation of Global collaboration with India. Theistic Business Consultants today represents a network of 100 countries across Africa, Middle East, Latin America, USA, United Kingdom, Taiwan, S. Korea, Israel and Australia. Theistic Business Consultants is also partnered with around 30+ industry & Trade associations.
Current Positions held:
Director – Theistic Business Consultants Pvt. Ltd.
Director Medical Value Travel Council of India (MVTCI)
Director We Spark Start Up Association (WESSA)
Director – Yodheya Consultants Pvt. Ltd.
Through Company representation:
Strategy Partner Basque Country, Govt. of Spain
Consultant Indo German Energy Forum (IGEF)
Co-Chairman Maharashtra Australia Sustainable Energy Alliance
Knowledge Partner Mahatma Phule Renewable Energy & Infrastructure Ltd (MAHAPREIT)
India Representative – Circular Economy Alliance Australia
Strategy Partner STEAG INDIA (Germany)
India Representative STARJIN S. Korea & India Collaboration Co.
Co-Chairman B. K. Mehta Textile Technology Task Force
