• Rs 100 crore co-creation fund to support early stage venture capital
• Focus on startups led by women, regional entrepreneurs, and underserved communities
• Aim to make Tamil Nadu a $1 trillion economy and global startup hub

In a major push to boost entrepreneurship, Tamil Nadu Chief Minister M.K. Stalin announced a Rs 100 crore co-creation fund to support the startup ecosystem across the state. The announcement was made at the Global Startup Summit held at the Codissia Trade Fair Complex in Coimbatore.

The fund, to be managed by the Tamil Nadu Startup and Innovation Mission (StartupTN), will back venture capital firms that invest in startups based in Tamil Nadu. By doing so, the government aims to increase private capital flow into emerging businesses and ensure wider access to funding, especially for women entrepreneurs, regional innovators, and underrepresented communities.

Stalin emphasised that the fund is part of the government’s broader vision to make Tamil Nadu a global startup hub. Since 2021, the number of registered startups in the state has increased sixfold, from just over 2,000 to more than 12,000 nearly half of which are led by women. The state has also set up 11 regional startup hubs to support founders beyond major cities.

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The chief minister noted that Tamil Nadu is working steadily towards its goal of becoming a $1 trillion economy by 2030, with innovation playing a key role. He also stressed the importance of making entrepreneurship accessible to people from all walks of life and backgrounds.

The summit also saw the release of the Tamil Nadu Startup Ecosystem Report 2025 and the Startup Vision Report 2035, outlining the state's long-term plans for innovation led growth.

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