Startups

Startups, govt brought together with S2G Buy Day – Times of India


Chennai: The Tamil Nadu Startup and Innovation Mission (TANSIM) on Tuesday conducted its first edition of the ‘S2G (Startup to Government) Buy Day’.
The initiative, first announced during the state finance budget in March, links government departments with startups in their areas to help the respective departments to buy innovative products and solutions from startups. The budget proposed a ceiling limit of Rs 50 lakh to buy from startups without a tendering process.
From a total of 133 startups registered online on the platform to pitch their solutions to the state department of Social Defence, 25 startups were chosen to showcase. Startups in the education, mental health, career guidance, skilling for job opportunities space presented their projects to a panel headed by director of social defence S Valarmathi IAS.
Sivarajah Ramanathan, CEO, TANSIM, said that while traditionally, getting an order from govt agencies used to be an uphill task, the state government is keen to break the perception. “We will be organising more such ‘Buy days’ and the next one is scheduled for the 30th of this month,” he added.
Sigy Thomas, the industries commissioner and director of industries and commerce, said that TANSIM will handhold both the government departments and the startups in facilitating the procurement transactions between the two.





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