G20 members to discuss common framework to define startups

G20 member countries, including India and the US, are holding consultations to arrive at a common framework to define startups with a view to promoting the growth of new ventures, a senior official said.

This issue among others would come up for discussion during the Startup20 Engagement Group’s, under India’s G20 presidency, third meeting on June 3-4 in Goa.

A common framework would help investors and other stakeholders of the startup ecosystem in the G20 member countries.