Startup Ecosystem facilitated through various government departments and programs
- 4000+ Startups have benefitted in the last year through various programs of the Central Govt.
- 960 crore of funding has been enabled to Startups through various schemes.
- 828 Cr sanctioned funds for infrastructure
With the objective to build a strong eco-system for nurturing innovation and Startups in the country the Government launched a Startup India Action Plan that offers the following support to recognised supports through:
Tax Exemptions
- ᱟᱤ. ᱴᱤ. ᱪᱷᱟᱹᱰ 3 ᱥᱮᱨᱢᱟ ᱞᱟᱹᱜᱤᱫ
- Capital gains exemption to people investing such capital gains in the Govt. recognised Fund of Funds
- Tax exemption on investments above Fair Market value
Legal Support in Patent Filing
- Fast track of Startup Patent applications
- Panel of facilitators to assist in filing applications, government . bears facilitation costs:423 facilitators for patent & design,596 for trademark applications
- 80% rebate in filing of patents:377 startups benefitted
Easy Compliance: Self-certification and compliance of 9 environments and labour laws through Startup India web portal/mobile app. Online self-certification for labor.
Laws enabled through the ‘Shram Suvidha’ portal
Relaxed norms for public procurement: By easing the requirement of prior experience and prior turnover in tenders for application by startups
ᱢᱩᱨᱟᱹᱭ ᱨᱮᱭᱟᱜ ᱢᱩᱨᱟᱹᱭ:
- 10,000 ᱠᱟᱨᱚᱲ. ᱢᱟᱨᱪ 2025: ᱚᱥᱛ ᱫᱟᱨᱟᱭ ᱮᱢᱚᱜᱟᱜ ᱯᱷᱟᱸᱰᱥ ᱠᱮ ᱨᱮᱭᱟᱜ ᱯᱷᱟᱸᱰ. 1,100 ᱠᱟᱨᱚᱲ. Per year
- Operating guidelines have changed to incorporate the following:
- 2x ᱮᱯᱷ. ᱮᱯᱷ. ᱮᱥ. ᱠᱷᱚᱱ ᱰᱤ. ᱟᱤ. ᱯᱤ. ᱯᱤ. ᱥᱴᱟᱨᱴᱟᱯᱥ ᱨᱮᱭᱟᱜ
- ᱥᱴᱟᱨᱴᱟᱯ ( ᱰᱤ. ᱟᱤ. ᱯᱤ. ᱯᱤ. ᱨᱮᱭᱟᱜ ᱵᱷᱤᱛᱤᱨ) ᱵᱷᱦᱟᱞ ᱦᱚᱪᱚ ᱛᱟᱭᱚᱢ ᱤᱠᱟᱤ ᱯᱷᱚᱸᱰᱤᱸᱜ ᱨᱮᱭᱟᱜ ᱵᱟᱛᱟᱣ ᱮᱢ
- 600 Cr (+25 Cr Interest) given by DIPP to SIDBI, which further committed Rs 623 Cr to 17 VC. 56 Cr has been disbursed to 72 startups, catalysing investments of Rs 245 Cr
Credit Guarantee Scheme for Start-Ups
- 2,000 ᱠᱟᱨᱚᱲ ᱨᱮᱭᱟᱜ ᱠᱚᱨᱯᱟᱥᱟ 3 ᱥᱮᱨᱢᱟ ᱯᱟᱨᱚᱢ
- Collateral Free, Fund and Non-Fund Based Credit Support
- Loans of up to 5 crore . per Startup to be covered
- ᱫᱚᱥᱟ: ᱤ. ᱮᱥ. ᱥᱤ. ᱢᱮᱢᱚ ᱦᱟᱹᱴᱤᱧ ᱟᱠᱟᱱᱟ 22 ᱢᱟᱨᱪ2017 ᱠᱷᱚᱱ 6 ᱵᱤᱵᱷᱟᱜ ᱨᱮᱭᱟᱜ
- ᱯᱚᱨᱵᱷᱟᱣ: ᱞᱟᱵ ᱨᱮᱭᱟᱜ ᱠᱨᱮᱰᱤᱴ ᱜᱮᱨᱮᱸᱴᱤ 7,500+ ᱥᱴᱟᱨᱴᱟᱯᱥ 3 ᱥᱮᱨᱢᱟ ᱨᱮ
Industry/Academia Support:Providing and building infrastructure across the country by setting/scaling up: 31 Innovation Centers, 15 Startup centers, 15 Technology Business Incubators, 7 Research parks, and 500 Atal Tinkering Labs.
Startup Recognition: 6398 Applications received; 4127 startups recognised; 1900 startups eligible for tax exemption (900 processed, 1000 pending); 69 startups given tax exemption.
