Assam's startup ecosystem sees wider participation: Survey
The startup ecosystem of Assam saw around 50% of the ventures led by women founders
A recent survey reveals a thriving entrepreneurial landscape across various sectors in Assam's startup ecosystem, with a notable 52.6% of startups led by women founders, according to the Assam Startup Ecosystem Report by IIM Calcutta Innovation Park. The study analyzed 116 startups spanning agriculture, IT, handicrafts, manufacturing, healthcare, education, tourism, construction, and real estate.
A significant obstacle identified was the scarcity of institutional funding, as 67.9% of surveyed startups acknowledged this as a major challenge. Additionally, 60.3% of entrepreneurs expressed a lack of business knowledge, 58.6% reported limited awareness of the startup ecosystem, and 43.1% cited insufficient technical expertise as barriers to growth.
To foster a stronger ecosystem, the report suggests enhancing entrepreneurship education, strengthening mentorship networks, promoting industry-academia collaboration, establishing B2B networking and exposure platforms, improving technology infrastructure, and bolstering local tech support. IIMCIP Chairman Ajay Jain emphasized the report's objective to raise awareness of Assam's entrepreneurial potential and attract more ecosystem stakeholders, highlighting the region's promising future and the impressive growth of women entrepreneurs, thus contributing to gender inclusiveness in the startup scene.
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