4th Shanghai Cooperation Organisation Startup Forum


Recently, the fourth edition of the Shanghai Cooperation Organisation (SCO) Startup Forum took place in New Delhi.

  • It was aimed at fostering innovation and collaboration among startups from SCO Member States.

GS-02 (International Relations)

Showcase and Workshop :

  • The SCO Pavilion showcased products and services from over 15 SCO startups, facilitating networking opportunities.
  • A workshop by Startup India on ‘Establishing a Seed Fund’ provided insights into setting up seed funds to support early-stage startups.

Special Working Group for Startups and Innovation (SWG) :

  • All Member States agreed to create the SWG at the SCO Heads of State Summit in Samarkand, Uzbekistan, in September 2022.
  • The SWG aims to foster collaboration among SCO Member States, accelerate regional economic development, and benefit the startup ecosystem.

India’s Initiatives :

  • India proposed the SWG initiative in 2020, aiming to create a new pillar of cooperation within the SCO.
  • DPIIT has organized various initiatives for the startup ecosystem, expanding the innovation footprint and inspiring other SCO Member States.

Significance :

  • The SCO Startup Forum serves as a platform to empower local startup ecosystems in SCO Member States, providing mentoring and access to investor and corporate engagement activities.
  • The creation of the SWG signifies a commitment to fostering collaboration and driving regional economic growth through innovation and entrepreneurship.

What is SCO?

  • SCO is a permanent intergovernmental international organisation.
  • It’s a Eurasian political, economic and military organisation aiming to maintain peace, security and stability in the region.
  • It was created in 2001.
  • The SCO Charter was signed in 2002, and entered into force in 2003.
  • It is a statutory document which outlines the organisation’s goals and principles, as well as its structure and core activities.
  • The SCO’s official languages are Russian and Chinese.