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STPI Encourages Entrepreneurs To Join NGIS
6.9
STPI-Visakhapatnam Additional Director Suresh Batha on January 24, 2026 urged young entrepreneurs at Avanthi Engineering College in Vizianagaram to establish startups using STPI’s Next Generation Incubation Scheme (NGIS), which offers comprehensive support and seed funding. He noted STPI has supported over 200,000 startups since 1991 and encouraged projects in blockchain, AI, machine learning, robotics, and cybersecurity.
Key Points
- 1Announces NGIS support including seed funding and comprehensive services for new tech startups
- 2Highlights STPI's scale—over two lakh startups aided since 1991—demonstrating institutional backing
- 3Encourages practitioners to pursue projects in AI, ML, blockchain, robotics, and cybersecurity via incubation
Scoring Rationale
Actionable regional incubation announcement with official backing; limited novelty and local scope constrain broader industry impact.
Sources
Public references used for this report.
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