Building a startup ecosystem in the mountains: How Jammu & Kashmir laid its foundation
Jammu and Kashmir is steadily building its startup ecosystem through policy support, incubators, funding and local entrepreneurs driving innovation.
In Jammu & Kashmir, a burgeoning startup ecosystem is taking root, defying the region's adversity through strategic institution-building. The Jammu & Kashmir Entrepreneurship Development Institute (JKEDI) has emerged as a central player, evolving from a training body to a comprehensive ecosystem enabler. Over 40,000 aspiring entrepreneurs have undergone structured training, while more than 235,000 individuals have been reached through awareness programs.
The policy, implemented within a year, has facilitated 16,000 enterprises, with 1,400 startups registering and 25 securing seed funding. The policy has also successfully connected founders with national-level events and mentors, demonstrating that the architecture of the ecosystem works despite initial constraints. This achievement marks a significant step towards attracting private capital, with over twenty-five venture capital funds engaging with J&K startups and funding successful companies like Fast Beetle Services, Genetico Research, GR8 Sports, and E-Curve.
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