Preamble:

This document is the first public draft of the Policy Communique` published by the Startup20 Engagement Group of the G20. The group was launched under India’s presidency of The Group of Twenty. This is the first time such an exercise is taking place and will set the benchmark for the way the global startup ecosystem will be structured and will evolve.

The overarching goal of Startup20 is to propose a policy framework that achieves two objectives simultaneously: (a) to harmonize global startup ecosystems to facilitate their working together and (b) to preserve the freedom of national startup ecosystems to grow as they desire.

To achieve its objectives, the Startup20 Engagement Group organized itself into five Taskforces considered critical to creating a thriving global start-up ecosystem: Foundation, Alliances, Finance, Inclusion and Sustainability.

The document to follow presents the Recommendations and Policy Directives that have emerged from the consultative process that included both physical and virtual meetings with over 500 delegates (India and other G20 nations, invitee nations) representing various stakeholders of the startup ecosystems. The proceedings of Startup20 thus far are detailed at:

 https://www.startup20India2023.org/

The document is organized into five sections: Foundation, Alliances, Finance, Inclusion, and Sustainability. Each section lists the pertinent Recommendations and Policy Directives on which the Startup20 Engagement Group wishes to seek public comments.

By putting up this document for public comments, the Startup20 Engagement Group wishes to ensure that the proposed Recommendations and Policy Directives do indeed reflect the real concerns of the stakeholders of global startup ecosystems, such as startups, investors, ecosystem builders, mentors, policymakers, and more.