UGI Vice Chairman Satpal Gulati felicitating CEO, UP Startup Mission Sumit Rajesh Mahajan by presenting him a memento. Prayagraj: The Sangam city has the potential to become one of the leading startup hubs in eastern Uttar Pradesh, said Sumit Rajesh Mahajan, CEO, UP Startup Mission.He said this while inaugurating Startup Confluence 2.0 at United Institute of Technology (UIT) on Friday.The two-day event is being organised by United Incubation Hub (UIH) at UIT.Mahajan said rapid advances in technologies such as artificial intelligence would make startups an important part of India’s future. He added that startups would play a major role in helping Uttar Pradesh achieve the target of becoming a $1 trillion economy.Highlighting the UP Startup Policy 2026, Mahajan said provisions related to sustenance allowance, prototype support, infrastructure, funding, procurement and setting up centres of excellence would help strengthen the startup ecosystem and attract new investors.United Group of Institutions vice-chairman Satpal Gulati said the event would provide exposure to ideation, pitching, investment and the startup ecosystem.UIH CEO Shivesh Gaur said the aim of the event is to promote entrepreneurial thinking, support emerging startups and connect participants with industry professionals and potential investors. The event has a prize pool of more than Rs 1 lakh.The first day featured sessions by Kshitij Singh of Plutus Business Advisory and Yasir Abbas Zaidi, Examiner of Patents and Designs, Ministry of Commerce and Industry.
