The Department for Promotion of Industry and Internal Trade (DPIIT) of the Commerce and Industry Ministry is putting on Startup India Innovation Week, which starts on January 10 and aims to promote entrepreneurship and innovation.

The occasion occurs as startups struggle with the so-called funding winter, which has resulted in layoffs. Because of the slowdown in coronavirus-induced growth brought on by students returning to schools, colleges, and tutoring facilities, education technology companies have been particularly hard hit.

The ministry stated in a release that the Startup India Innovation Week 2023 aims to involve ecosystem stakeholders across the country from January 10 to 16 in order to promote the spirit of entrepreneurship and innovation in India.

According to the press release, it will feature opportunities like knowledge-sharing sessions for entrepreneurs, aspiring entrepreneurs, and other enablers, involving pertinent ecosystem stakeholders like government officials, incubators, corporates, and investors.

Throughout the week, there will be organized workshops specifically for women entrepreneurs, incubator training, mentorship workshops, stakeholder round tables, conferences, capacity-building workshops, and startup pitching sessions.

On January 16, National Startup Day, winners of the National Startup Awards 2022 will be honored.

A ceremony, according to the ministry, would “recognize and reward” startups and ecosystem enablers for their excellence in a variety of industries, subindustries, and categories.

The Startup India Seed Fund Scheme will be evaluated by a third party to determine its practical effects, according to recent statements from the DPIIT.

Despite receiving “good” feedback from incubators and startups, DPIIT joint secretary Shruti Singh said, “we are still doing a third-party assessment so that somebody on the ground can go and see.”