Call Girls In Amreli Escorts ☎️8617370543 🔝 💃 Enjoy 24/7 Escort Service Enjoy...
Government Funding for Startups in India
1. 5 Government Schemes for Paving the Way for Startups in India
In the past few years, the entrepreneurial movement in India has got a
tremendous boost. Driven by massive funding, consolidation activities,
evolving technology, and domestic market the startup ecosystem have
thrived hugely.
There is no better way to fund your business than self-funding with
your own revenues. But not all startups are able to do that. For
domains like pharmacy, healthcare, and agri-business special funding
schemes are provided. If working on a patentable product or service
there are many funding schemes for supporting Indian and
international grants or Business News?
If working on a patentable product or service, especially in domains like
pharma, healthcare products, and agri-business, there are many
schemes of government funding for startups in India and international
grants to support startups.
The Indian Government Funding for Startups in India has taken many
initiatives for startups. These initiatives aim to empower Startups to
grow through innovation and design and to accelerate spreading of the
Startup movement. The government funding schemes for startups in
India mainly focuses on providing the much needed capital for
investment. This capital is provided at subsidized interest rates, so as to
encourage people to realize their dreams with their own ventures.
2. Here is a list of Government funding schemes for startups in India
launched by the Indian government:
1. Support for International Patent Protection in Electronics &
Information Technology (SIP-EIT)
It is an initiative by the Indian Government for micro, small and
medium enterprises, and technology startup units. It includes
benefits of expenses incurred while filing and processing of the
patent application up to grant.
2. Multiplier Grants Scheme (MGS)
Applicable to IT services, analytics, enterprise software,
technology hardware, IoT, AI. The aim of this scheme is to
encourage industry to collaborate with premier Academic and
Government R&D institutions for the development of products.
3. Software Technology Park (STP) Scheme
This scheme is applicable to IT services, enterprise software,
analytics, and AI.
4. Electronic Development Fund (EDF) Policy
3. Providing capital risk this scheme by the Indian government is
applicable to IT services, analytics, enterprise software,
technology hardware, etc.
5. The Venture Capital Assistance Scheme
Applicable to the agriculture industry this scheme depends on the
project cost, location, and the promoter's status.