Cabinet approves Go-Delhi Foundation to help young innovators, startups

The Delhi government has approved setting up Go-Delhi Foundation with a corpus of Rs 50 crore to empower young innovators and startups, said a CMO statement on Sunday. The approval was given in a recent Cabinet meeting chaired by Chief Minister Rekha Gupta, sanctioning the fund to help turn ideas into products and take them to market. Delhi is home to nearly 21,000 startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT).