The Department of Fisheries launched the Fisheries Startup Grand Challenge in partnership with Startup India hub and DPIIT, to identify, reward and recognize startups creating exceptional impact in the fisheries ecosystem on the eve on the National Fish Farmer's Day 2023.

• The Fisheries ecosystem in India has been growing across the years, currently having fisheries startups present in 21 states and union territories.
• The Fisheries Startup Grand Challenge sought applications across four problem statements.
• The challenge received applications from 121 startups across the problem statements. After a rigorous analysis, 12 startups have been selected as winners of the challenge.
• The selected startups will be felicitated by Minister for Fisheries Animal Husbandry & Dairying, Shri Parshottam Rupala in the presence of Ministers of State, Fisheries, Animal Husbandry & Dairying, Dr L. Murugan and Dr Sanjeev Kumar Balyan along with Ministers in-charge Fisheries from various States and senior officers of Central and State Governments on the occasion of National Fish Farmer’s Day on 10th July, 2023 at Mahabalipuram, Tamilnadu.
• The selected startups under the Pradhan Mantri Matsya Sampada Yojana will so be provided with a cash grant of INR 2 lakhs to help them continue building their innovations.