ENA Sectors 2025-04-25 16:05:41 <p><span style="font-size:14px"><strong>Chennai, Apr 25 (KNN) </strong>At the valedictory session of The Hindu Tamil Nadu Startup Summit 2025 in Chennai, Tamil Nadus MSME Minister TM Anbarasan announced significant developments in the states entrepreneurial landscape.</span></p> <p><span style="font-size:14px">Over the past four years, nearly Rs 70 crore has been invested in 205 start-ups through various state-run entrepreneurship development programmes.</span></p> <p><span style="font-size:14px">The Minister also revealed that Rs 20 crore has been allocated for start-ups in the current fiscal year.</span></p> <p><span style="font-size:14px">In a bid to professionalise the states start-up ecosystem, Chief Minister MK Stalin initiated the formation of StartupTN, which now boasts a professional CEO and 10 regional hubs across the state.</span></p> <p><span style="font-size:14px">These hubs are located in cities including Chennai, Coimbatore, Madurai, and Salem, with a new hub planned for Thoothukudi focusing on space tech, port, and logistics start-ups.</span></p> <p><span style="font-size:14px">The state governments newly launched initiative, One Start-up in Every Village, aims to foster innovation across rural areas. This programme will select 100 villages, each nurturing one start-up, boosting rural entrepreneurship and creating job opportunities.</span></p> <p><span style="font-size:14px">Speaking at the event, Atul Anand, Additional Chief Secretary of the MSME Department, emphasised Tamil Nadus diverse strengths in sectors such as software services, medical tourism, agriculture, drones, AI, and deep tech.</span></p> <p><span style="font-size:14px">He credited the state's success to a multisectoral approach, creating a rich mix of opportunities that positions Tamil Nadu as a future hub for start-ups.</span></p> <p><span style="font-size:14px">The summit also witnessed the participation of key industry and academic figures, including AR Unnikrishnan, Chairman of CII Tamil Nadu, and C Muthamizhchelvan, Vice-Chancellor of SRM Institute of Science and Technology, who discussed collaborative efforts to drive innovation and entrepreneurship in the state.</span></p> <p><span style="font-size:14px">The event highlighted the growing momentum of Tamil Nadus start-up ecosystem, with a focus on expanding its global reach.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 41870 https://knnindia.co.in/news/newsdetails/sectors/tamil-nadu-allocates-rs-20-crore-for-start-ups-in-2025-fiscal-year 2025-04-25 16:05:41 knnindia.co.in