The survey also revealed that 82 per cent of respondents agree that virtual incubators can help rural entrepreneurs, while 71% feel virtual incubators will play a crucial role in reducing talent migration from Tier II and III cities
With a large talent pool that can lower operating costs in a growing consumer market, these cities can address regional challenges strategically, and play a significant role in augmenting start-up growth in the country
The minister also sought views of the startup community in further reducing compliance burden, and simplification of processes to promote ease of doing business in the country
