Jammu, Apr 26 (NVI): The Jammu & Kashmir Entrepreneurship Development Institute will organise district-level credit facilitation meetings under the District Business Reform Action Plan (D-BRAP) to strengthen the startup ecosystem in the Union Territory, officials said on Sunday.
The initiative is part of the implementation of the Jammu and Kashmir Startup Policy 2024–27, aimed at building a vibrant and inclusive entrepreneurship landscape by providing institutional support, financial assistance and capacity-building opportunities to aspiring entrepreneurs and startups.
Under the programme, JKEDI district offices have been designated as District Startup Cells to act as the first point of contact for entrepreneurs, facilitating registrations, spreading awareness about policy benefits and ensuring outreach at the grassroots level.
As part of the exercise, a series of district-level meetings will be held to connect startups, self-help groups and youth with banks and financial institutions to ease access to credit and promote awareness of financial schemes.
The meetings will be held on April 27 in Anantnag and Jammu, and on April 28 in Udhampur and Shopian, officials said.
They said the meetings will provide a platform for participants to explore financial avenues, understand credit mechanisms and receive guidance on business planning and funding strategies.
The startup policy offers incentives such as seed funding, innovation and prototype development grants, market access assistance and support for incubators. It also provides mentorship, capacity-building programmes and networking opportunities.
JKEDI, the nodal agency for the policy’s implementation, has been conducting regular mentorship sessions involving experts and industry leaders to guide startups on technology adoption, regulatory compliance and market expansion.
Officials said the initiative aims to extend entrepreneurial opportunities beyond urban centres and encourage participation from grassroots innovators across Jammu and Kashmir.(NVI)
