Yourstory iconYourstorySep 12, 2026 ~2 min source read

BRICS New Delhi Declaration backs startup incubator network and explores a BRICS Startup Innovation Fund

Leaders at the 18th BRICS Summit agreed to practical steps on startups, digital public infrastructure, AI cooperation, cross-border payments and MSME financing.

BRICS backs startup incubator network, considers innovation fund in New Delhi Declaration

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BRICS endorsed creating a startup incubator network, strengthening the Startup Knowledge Hub and Startup Forum, and exploring a BRICS Startup Innovation Fund to support innovation-led growth.

The declaration proposes a digital public infrastructure (DPI) repository and DPI-led pilot projects, plus a virtual platform for BRICS youth startups to encourage cross-border networking.

Leaders called for wider access to AI resources while stressing safety, security, inclusiveness and reliability, and signalled cooperation in quantum technologies, Industry 4.0, robotics and advanced digital manufacturing.

BRICS leaders adopted the New Delhi Declaration at the 18th BRICS Summit (September 12–13, 2026). The declaration bundles several practical measures aimed at turning high-level cooperation into operational projects across startups, digital public infrastructure, payments, MSME finance and emerging technologies.

The grouping backed establishing a startup incubator network and agreed to consider a BRICS Startup Innovation Fund. The fund is described as a potential catalyst for innovation-led growth. Leaders also supported strengthened engagement through the Startup Knowledge Hub and Startup Forum, and called for closer links between startups and small businesses across member states.

Digital public infrastructure and youth platforms

A proposal for a digital public infrastructure (DPI) repository made the declaration. Member states will pilot DPI-led digital transformation projects. The statement argues that DPIs and digital public goods can scale service delivery and expand economic and social opportunities. Leaders also proposed a virtual platform for BRICS youth startups to facilitate networking and idea exchange among young entrepreneurs and researchers.

Cooperation on AI and advanced technologies

BRICS committed to broader access to AI resources with explicit conditions: safety, security, inclusiveness and reliability. The declaration reiterates implementation of the BRICS Leaders' Statement on the Global Governance of Artificial Intelligence. Beyond AI, the grouping signalled deeper cooperation in quantum technologies, Industry 4.0, robotics and advanced digital manufacturing.

Cross-border payments and MSME finance

Force will study interoperability between payment and messaging systems, and evaluate using local currencies for trade settlements and investments. The declaration seeks practical cross-border payment solutions that are faster, lower-cost, accessible, transparent and safe, while recognising members may adopt different approaches.

  • Formation plan or terms for the startup incubator network and timelines for the proposed BRICS Startup Innovation Fund.
  • Specific DPI pilot projects and the operational scope of the proposed repository.
  • Workstreams under the Jaipur Consensus studying invoice discounting and digitisation of trade documents.

Overall, the New Delhi Declaration lays out coordinated initiatives that aim to make cross-border business, finance and technology collaboration more practical for BRICS members and their startups, MSMEs and research communities.

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