G20 to set norms to define startups

G-20 member countries plan to establish a common framework to define startups next month. This framework, which seeks to create a global startup ecosystem that would work together, will be discussed on June 3-4 in Goa during a meeting of the Startup20 Engagement Group. Various task forces within the group are working on different issues concerning startups, including the establishment of a startup definition framework, unlocking financing of startups, promoting cooperation between key stakeholders, focusing on marginalised groups and determining which startups are willing to be measured by sustainable development goals.

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