The Puducherry Startup Cell (PSC) shall endeavor to take all effective steps to promote and encourage the Academic/R & D Institutes and others like Technology/Industrial Parks or Companies as well as individuals or a group of individuals to establish incubation centres under the Atal Innovation Mission of the NITI Ayog.

OVERVIEW
Policy Name | Aspring Puducherry - Innovations & Startup Policy 2019-2024 |
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Policy Document | Download Here |
Nodal Agency | Department of Industries and Commerce, Puducherry |
Office Address | Industrial Estate, Huzuga Theatre, Thattanchavady, Puducherry - 605009 |
Contact Details | Contact Number: 0413 224 8168 |
Incentives
The Atal incubation centres would support and encourage startups in specific subjects/sectors such as manufacturing, transport, energy, health, education, agriculture, water and sanitation etc., and would provide them with necessary infrastructure facilities and other value added services.
The Puducherry Startup Cell (PSC) shall endeavor to encourage establishment of Private sector incubators preferably in engineering institutions and would coordinate and assist them in getting the support from central and state government departments/agencies. Such Private sector incubators shall be managed and operated by the private sector.
- In order to create scientific temper and cultivate the spirit of curiosity and innovation among young minds, the Puducherry Startup Cell (PSC) shall endeavor to encourage and support establishment of Atal Tinkering Laboratories (ATL) in the Union Territory of Puducherry.
- One Tool Room and Technology Development Centre (Technology Centre) is being established by Ministry of MSME at the request of this administration at Kalapet in the Pondicherry Engineering College Campus, which will also be an Incubation Centre. The Puducherry Startup Cell (PSC) shall endeavor to promote establishment of Technology Business Incubators in renowned Institutions.
Eligibility Criteria
- Incubation centers, Universities/Educational Institutions, R & D Institutions, Private and other establishments will be eligible as an institution to provide support and mentor to Startups as approved by the Council.
Incubator
- All the incubators established would be networked and well connected to facilitate exchange of thoughts, ideas and collaboration across educational institutions and diverse disciplines. Identified Incubators shall be encouraged to operate as accelerators.
Type of Benefit | Non-Fiscal |
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Benefit Details | The Puducherry Startup Cell (PSC) shall endeavor to host acommon startup portal and a mobile application to serve as the single platform for Startups for interacting with Incubators, Industrial bodies, academic institutions, Government and Regulatory Institutions for all business needs and information exchange among various stakeholders’ for effective implementation and interaction in the startup ecosystem. |
Eligibility Criteria | An entity shall be considered as a ‘Startup’ :-
Provided that an entity formed by splitting up or reconstruction of an existing business shall not be considered a ‘Startup’ |
Type of Benefit | Non-Fiscal |
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Benefit Details | To reduce the regulatory burden on Startups thereby allowing them to focus on their core business and keep compliance cost low, the recognized Startups signed with recognized incubators/accelerators shall be allowed to self-certify compliance in respect of the following six labour and three environment laws (stipulated by the Central/Government of Puducherry, from time to time). |
Eligibility Criteria | An entity shall be considered as a ‘Startup’ :-
Provided that an entity formed by splitting up or reconstruction of an existing business shall not be considered a ‘Startup’ |
Type of Benefit | Non-Fiscal |
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Benefit Details | The Puducherry Startup Cell (PSC) shall facilitate filing of Patents, Trademarks and Designs by innovative recognized Startups. The Puducherry Startup Cell (PSC) shall :-
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Eligibility Criteria | An entity shall be considered as a ‘Startup’ :-
Provided that an entity formed by splitting up or reconstruction of an existing business shall not be considered a ‘Startup’ |
Type of Benefit | Fiscal |
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Benefit Details | A corpus fund of 10 crores shall be created with the name ‘Puducherry Startup Fund’ to support establishment of Startup Incubators. The fund will also be utilized to develop Co-Working Spaces. The Corpus fund will attract funding from private industrial CSR funding and any other sources and resources as approved by the Startup Council
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Eligibility Criteria | An entity shall be considered as a ‘Startup’ :-
Provided that an entity formed by splitting up or reconstruction of an existing business shall not be considered a ‘Startup’ |
Benefit Details | Fiscal Incentives
Non-Fiscal Incentives
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Eligibility Criteria | An entity shall be considered as a ‘Startup’ :-
Provided that an entity formed by splitting up or reconstruction of an existing business shall not be considered a ‘Startup’ |
Type of Benefit | Non-Fiscal |
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Benefit Details | Norms shall be made for Public entities for procurement from Startups. Exemptions to Startups shall be made in criteria such as prior experience, turnover, security deposits etc. However no exemption shall be made in quality, technical specifications and standards. |
Eligibility Criteria | An entity shall be considered as a ‘Startup’ :-
Provided that an entity formed by splitting up or reconstruction of an existing business shall not be considered a ‘Startup’ |
Eligibility
Students of colleges and educational institutions in the Union Territory of Puducherry are eligible.
- Student/Student teams who avail incubation support from the education institutions shall be given 5% marks for their startup ideas/attempt and 20% attendance every semester subject to certification from the incubators
- Students of such recognized institutions shall also be encouraged to develop their mini-projects or internships or summer projects during their vacations. Students shall be permitted to convert such innovative projects that are incubated through the incubators of their educational institutions into final year project towards for degree completion
- Competitions and Grand Challenges shall be encouraged to be organized to exhibit innovative products from various incubators/educational institutions/schools etc. Prize money and a citation shall be awarded to the winners selected by a committee
- Awareness camps shall be conducted to inculcate innovation ideas at College and School Level by organizing various awareness camps such as boot camps, showcasing of exhibits etc., by the Startup Cell/Incubators/Institutions. Selected startups of students from colleges and schools shall be encouraged to reach international startup destinations for exposure and for utilizing the benefit available at those startup destinations