The Startup India policy aims to foster entrepreneurship and promote innovation by creating an ecosystem where India becomes a nation of job creators rather than job seekers. The government commits to simplifying laws, providing funding support of Rs. 10,000 crores over 4 years, and partnering with incubators. Eligible startups must be new entities working on innovation, with turnover under Rs. 25 crores. The government will provide simplification and handholding, funding and incentives, and promote partnerships with industry and incubators to help startups in India.

1. STARTUP INDIA POLICY
Understanding - Legal Aspects

2. Aims and Objectives
 AIM
> To foster entrepreneurship
> To promote Innovation by creating
ecosystem
 OBJECTIVES
> India to become Nation of “Jobs
Creator” and not “Jobs Seeker”
> Start a revolution for Startups

3. Stakeholders
Advantage
India
Start Up
Incubators
VC
Govt of
India

4. Commitments by Govt. of
India
Simplification and Handholding
Funding Support of Rs. 10,000
Crores in next 4 years and Incentives
Incubation & Industry Acadamia
Partnership

5. Eligibility
 Entity should be either:
> a Private Limited Company
> a Registered Partnership Firm
> LLP
 Entity :
> Should be New OR registered in last 5
years
> Should not have turnover exceed Rs. 25
Cr
> Working towards Innovation, IPR, new
products

6. Innovation means…..
Working towards
Innovation, Development, Deployment
or Commercialisation of:
- New Products,
- New Processes or
- New Services
 Driven by Technology OR Intellectual
Property

7. Commitments by Govt. of
India
 SIMPLIFICATION AND
HANDHOLDING

8. Simplification and
Handholding
Commitment 1
Simplify Labour Laws &
Environment Laws

9. Simplification and
Handholding
Commitment 2
Create a Platform for Startup
- Central & State Govt,
Incubators
- VCs, Angels, Banks
- Mentors, Legal Partners,
Advisors

10. www.startupindia.gov.in

11. Simplification and
Handholding
Commitment 3
Connect via Mobile App
- Register your Startup
- Tracking final registration
- Filing Compliances
- Apply for various Schemes
- Connect and Collaborate with
Startup Ecosystem

12. Download App…… now

13. Simplification and
Handholding
Commitment 4
Free Legal Support for Trademark ,
Patent, Design applications
- Free Legal Advise to file Trademark
and Patent Application through
Empanelled Legal Consultants
- Fast Track Patent Examination
- Rebate of 80% of Govt Fee for
Trademark, Patent, Design
applications

14. Simplification and
Handholding
Commitment 5
Startup can participate 20%
of Govt supplies
- Startup can supply to Govt. Tenders
without meeting criteria of
Experience or Turnover
- No compromise with quality /
technology parameters

15. Simplification and
Handholding
Commitment 6
Faster Exit for Failed
Startup
- Failed Startup can wind-up /
close Company / Firm in 90
days
- New Law on Insolvency to
be passed

16. Commitments by Govt. of
India
 FUNDING SUPPORT & INCENTIVES

17. Funding Support and
Incentives
Commitment 7
Funding of Rs. 10,000 Cr by
Govt. of India -
- Rs. 2500 Cr every year
- Fund of Funds
- Managed by Professionals
- LIC to be co-investors

18. Funding Flow
Govt of India will fund to SEBI
registered Venture Capital Fund
Venture Capital Fund will invest in Eligible
Start Up
Funding Received by Startup

19. Funding Support and
Incentives
Commitment 8
Credit Guarantee on Debts
- Venture Debts to Startup by
Banks and other lenders
- Rs. 500 Cr per year Thru
SIDBI / National Credit
Guarantee Trust

20. Funding Support and
Incentives
Commitment 9
Capital Gain Relaxation to
Investors
- Investor can invest in Fund of Funds
to get exemption of Capital Gain
- Investment in Computer Software to
be considered as purchase of “New
Asset”

21. Funding Support and
Incentives
Commitment 10
Tax Exemptions
- Exemption of Profits for a
period of 3 years subject to
non distribution of dividends

22. Funding Support and
Incentives
Commitment 11
Exemption to investors for Fair
Market Value
- Investor can invest at any value
without any restriction on Fair Value
- Available to VC as well as
Incubators

23. Commitments by Govt. of
India
 PARTNERSHIP WITH INDUSTRY &
INCUBATORS

24. Partnership with Industry and
Incubators
 Commitment 12
National and International Fests
 Commitment 13
Innovation Hubs
- 500 Tinkering Labs
- Sector Specific Incubators
- Innovation Awards
- 31 Innovation Centres
- 13 Startup Centres
- 18 Technology Incubators
- 7 New R&D Parks

25. How Startup get benefits
Step 1 - Check your eligibility as entity
Step 2 - Check whether you have
“Innovation”
Step 3 - Register with ANY ONE of the
following:-
- Incubator in Post Graduate Indian
College
- Incubator Funded by Govt
- Incubator Recognised by Govt
- Funded by Incubator/Angle/PE
- Patent Granted

26. How Startup get benefits
Step 4 – To get IPR and Tax Benefits
– get approval of DIPP about
Innovation
Step 5 – Apply online on Govt Portal
www.makeindia.gov.in
Step 6 – Get Registration Certificate
as Startup Online

27. Other Legal Aspects for All
Startup
 Decide about Legal Structure of
Startup - LLP, Partnership Firm or
Company
 Incorporation / Registration
 Initial Tax / Labour Law Registrations
 Legal Agreements between Founders,
Website Development Related,
Technology Development Related,
Employee Related, Vendors related
 Registration of Trademark, Patent

28. THANK YOU
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