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Indian Government Developing Billion Dollar Innovation Fund
After its first year of work, India's National Innovation Council has released a report on development of a long-term innovation roadmap. The keystone of this strategy is a Rs 5000 crores ($968,615,000 U.S.) India Inclusive Innovation Fund to support small businesses, paired with an Industry Innovation Cluster Initiative. The report provides background on other Indian initiatives, such as the pilot University Innovation Cluster at the University of Delhi, the country's twenty Design Innovation Centres and the new State Innovation Councils.
Read the report here: http://indiamicrofinance.com/wp-content/uploads/2011/11/report-to-the-pe...
international, strategic plan, public equity funds, clusters, policy recommendations