- It is representing various stakeholders such as founders of successful startups, veterans who have grown and scaled companies in India, persons capable of representing interest of investors into startups, persons capable of representing interests of incubators and accelerators, representatives of associations of stakeholders of startups and representatives of industry associations.
National Startup Advisory Council’ (NSAC)
- The Department for Promotion of Industry and Internal Trade (DPIIT) established the NSAC in January 2020. The council’s primary objective is to advise the government on measures necessary to foster a robust ecosystem that nurtures innovation and startups in India.
- The non-official members of the NSAC are appointed for a two-year term.
- These groups include successful startup founders, experienced entrepreneurs who have scaled companies in India, individuals capable of representing investor interests in startups, and representatives from industry associations like the Confederation of Indian Industry (CII).