India
Punjab, STPI sign MoU for Rs 29 crore startup hub in Mohali
The Punjab government and Software Technology Parks of India (STPI) signed an MoU to set up 'Startup Punjab Hub – Neuron 2.0' at STPI Mohali with an investment of Rs 29 crore, focusing on cybersecurity, AI, IoT, and next-generation startups.
The Punjab government has signed a memorandum of understanding (MoU) with Software Technology Parks of India (STPI) to establish 'Startup Punjab Hub – Neuron 2.0' at STPI Mohali. The total investment for the project is Rs 29 crore. Punjab industries and commerce minister Aman Arora said the new incubation centre will build on the earlier Neuron 1.0 and support startups through incubation, mentoring, advanced infrastructure, skilling, product commercialisation and industry linkages. Under the agreement, the Punjab government will provide Rs 12 crore in-principle support, while STPI will contribute Rs 17 crore. STPI will operate and manage the facility. The hub will focus on cybersecurity, artificial intelligence, data analytics, Internet of Things and audio-visual graphics.
- Neuron 2.0 incubation centre
- Startup Punjab Hub
- STPI Mohali
- Software Technology Parks of India
- Mohali
- Punjab
- Punjab government
- Punjab startup ecosystem
- technology incubation centre
- Rs 29 crore investment
- Memorandum of Understanding
- Udyog Bhawan
- Aman Arora
- Punjab Industries and Commerce Minister
- Jaspreet Singh
- Punjab Startup Nodal Officer
- Shailendra K Tyagi
- cybersecurity lab
- cybersecurity startups
- artificial intelligence AI
- data analytics
- Internet of Things IoT
- audio-visual graphics
- next-generation startups
- startup mentoring
- skilling programmes
- product commercialisation
- industry linkages
- startup policy
- Startup Punjab registration
- hackathons
- bootcamps
- investor connect programmes
- innovation platform
- technology-driven entrepreneurs
- Neuron 1.0
- 114 startups incubated
- 158 products
- 171 prototypes
- 2700 jobs
- Rs 251 crore investments
- Rs 2890 crore valuation
- student training programmes
- government and aided schools and colleges
- employment generation
- emerging technologies
- economic growth
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