SlideShare a Scribd company logo
IDEA
RESOURCES
PRODUCT
PLANNIN
G
TRENDS
INVESTMENT
FRAMEWORK
STRATEGY
Why Start Up India ?
• To boost up / promote Start Up / Entrepreneurship
• To boost up Banking Sector / Finance
• To Limit State Policy Dependency for New Businesses
• To Eliminate License Raaj which hinders the growth of
Entrepreneurs – Like, Land Permissions – Foreign Investment
Proposals – Environmental Clearance
• To promote ST/SC – Women Entrepreneurships
• Core objective is to generate Maximum Employment
Facts & Figures
• Indian youth of Below 35 years – 800 Million (For Businesses –
35 yrs is YOUTH)
• Unemployment Rate in Indian youth is expected to be 15.5% by
the end of 1st Quarter of 2016
• India is one of the strongest countries of world in
Entrepreneurship – 48 Million New Businesses compared to 23
Millions of USA
• Average Job Creation in last 7 Years – 43 Lacs per Year
• Jobs Requirement per annum – 1.25 Cr
• In last 10 years – Due to slow down in Indian Economic Policies
and Reform Policies, Youth are less confident to start Business
& opting for Job
• To Change the Mentality of Youth from Job Seeker to JOB
CREATOR !
What is Start Up India ?
• Announced on 15th Aug, 2015 Independence Day – while
launched on 16th Jan, 2016.
• Campaign Name – Start Up India… Stand Up India
• Any Business / Start Up headquartered in India – Started less
than 5 Years – Having Annual turn over less than 25 Cr – will be
counted under this scheme
• Single Point of Contact for ANY ISSUE – Mobile App from 1st
April – Website Launch soon
• This campaign not only focusing on Starting up new
businesses, but will also focus on Innovativeness of the Idea
for the Start Up
Prime Minister Narendra Modi with Finance Minister Arun Jaitley and Commerce and
Industry Minister Nirmala Sitharaman launching the “Startup India” action plan at
Vigyan Bhawan in New Delhi on Saturday (16 JAN 2016).
Key Pointers - Start Up
India
• Compliance regime based on self certification
• Startup India hub
• Simplifying the startup proces
• Patent protection
• Funds of funds with a corpus of Rs 10,000 crore
• Credit Guarantee Fund
• Exemption from Capital Gains Tax
• Tax exemption for startups
• Tax exemption on investments above Fair Market Value
• Startup fests
• Launch of Atal Innovation Mission
• Setting up of 35 new incubators in institutions
• Promote entrepreneurship in biotechnology
• Innovation focused programmes for students
• Panel of facilitators to provide legal support and assist in filing of
patent application
• 80 per cent rebate on filing patent applications by startups
• Relaxed norms of public procurement for startups
• Faster exits for startups
Key Pointers - Start Up
India
Preconditions for registering as startup
Entity type
Other
Conditions
Restriction
s
Including existing entity/ies or
One Person Company which
is/are registered as Pvt. Co.
 Private Limited Company
 Registered Partnership Firm
 Limited Liability Partnership
Entity’s Age limit: Within 5
years from the date of
incorporation
Turnover limit: Within 25 crore
at the end of financial year
Operation: Working towards innovation, development, deployment
or commercialization of new products, processes or services driven
by technology or intellectual property
o An entity formed by the splitting or reconstruction of an existing
business shall not be considered to be a startup.
o A proprietorship or a public limited company is not eligible as
startup.
How this will be done ?
• To gauge the Innovativeness – GOI will set up an Inter
Ministerial Board (Led by Dept of Industrial Policy &
Promotion) which will “VALIDATE” the Innovative Nature of
an Enterprise – qualifying for Start Up (On the basis of Service
/ Product)
• Incubators will be set up - to recommend the Start Up to
eligible under this Scheme
• Adding MUNDRA Initiative / Skill India / GST Regime
initiative – will take this whole campaign to the New Heights
(Due to Transparency / Ease of doing business)
• To Market it well & inspire more Start Ups, “Start Up Fest” will
be launched – Just Like an Yearly Affair like Vibrant Gujarat (To
Invite more FDI into Indian Economy)
BENEFITS
Benefits
• Self certification
• Startup patent
application
• Public
procurement
Big benefits
• Winding up
company
• INR 2,000 crore
credit
• INR 10,000 crore
fund
Tax exemptions
• On Income Tax for
3 years
• On Capital Gain &
on investments
above fair market
value
Current Scenario
• Till now, Softbank (From Japan) have invested $2 Billion into
Indian Start Ups under this scheme
• The have asked to permit them for $10 Bn
• Google has already launched a Campaign wherein TOP 3 Start
Up ideas (with highest votes) will join in Next Google
Launchpad Week
• Final Winner in this will get $100,000
“We proposed to create a conducive environment for startups,
empower then to grow through innovation and design, create a
world class Scientific ecosystem and enable our youth to pursue their
dreams”
INFRASTRU
CTURE
ACADEMIC
INTERVENTIONS
STARTUP
SKILLS
STARTUP
ECOSYSTEM
•INSTITUTION
•INCUBATORS
•INDUSTRY HOUSE
•INNOVATION PARK
•SECTOR SPECIFIC INCUBATORS
•UNIVERSITY SYLLABUS
•STATE SCHOOL SYLLABUS
•FACULTY UPGRADATION
•SABBATICAL SCHEME FOR COLLEGE
AND UNIVERSITY FACULTY
•ROLE MODEL PROGRAM
•BOOT CAMPS
•CULTURE AND EXCHANGE
PROGRAMME
FUNDING AND
INCENTIVES
•STARTUP CAPITAL INFRASTRUCTURE FUND
•STARTUP SEED FUND
•ASSISTANCE AT IDEA
•CONCEPT GET COMMERCIALIZED
•ASSISTANCE FOR STARTUP FUNDING
•SELF – CERTIFICATION AND COMPLIANCE INCENTIVES
SUPPORT AND
ASSISTANCE
1. SMART CITIES AND AMRUT CITIES
2. MARKET ACCESS
• GOVERNMENT PROCUREMENT
• TRAINING PROGRAM- INNOVATION WEEK
• TIE-UPS WITH E-COMMERCE COMPANIES
GOVERNANCE
STARTUP COUNCIL
(STATE LEVEL COMMITTEE)
TASK FORCE
(REVIEW MECHANISM)
STARTUP DEVELOPMENT CELLS
JAI HIND – JAI BHARAT
“I SEE STARTUPS, TECHNOLOGY AND INNOVATION
AS EXCITING AND EFFECTIVE INSTRUMENTS FOR
INDIAS TRANFORMATION”
SRI NARENDRA MODI

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Start up india and odisha

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  • 5. Why Start Up India ? • To boost up / promote Start Up / Entrepreneurship • To boost up Banking Sector / Finance • To Limit State Policy Dependency for New Businesses • To Eliminate License Raaj which hinders the growth of Entrepreneurs – Like, Land Permissions – Foreign Investment Proposals – Environmental Clearance • To promote ST/SC – Women Entrepreneurships • Core objective is to generate Maximum Employment
  • 6. Facts & Figures • Indian youth of Below 35 years – 800 Million (For Businesses – 35 yrs is YOUTH) • Unemployment Rate in Indian youth is expected to be 15.5% by the end of 1st Quarter of 2016 • India is one of the strongest countries of world in Entrepreneurship – 48 Million New Businesses compared to 23 Millions of USA • Average Job Creation in last 7 Years – 43 Lacs per Year • Jobs Requirement per annum – 1.25 Cr • In last 10 years – Due to slow down in Indian Economic Policies and Reform Policies, Youth are less confident to start Business & opting for Job • To Change the Mentality of Youth from Job Seeker to JOB CREATOR !
  • 7. What is Start Up India ? • Announced on 15th Aug, 2015 Independence Day – while launched on 16th Jan, 2016. • Campaign Name – Start Up India… Stand Up India • Any Business / Start Up headquartered in India – Started less than 5 Years – Having Annual turn over less than 25 Cr – will be counted under this scheme • Single Point of Contact for ANY ISSUE – Mobile App from 1st April – Website Launch soon • This campaign not only focusing on Starting up new businesses, but will also focus on Innovativeness of the Idea for the Start Up
  • 8. Prime Minister Narendra Modi with Finance Minister Arun Jaitley and Commerce and Industry Minister Nirmala Sitharaman launching the “Startup India” action plan at Vigyan Bhawan in New Delhi on Saturday (16 JAN 2016).
  • 9. Key Pointers - Start Up India • Compliance regime based on self certification • Startup India hub • Simplifying the startup proces • Patent protection • Funds of funds with a corpus of Rs 10,000 crore • Credit Guarantee Fund • Exemption from Capital Gains Tax • Tax exemption for startups • Tax exemption on investments above Fair Market Value
  • 10. • Startup fests • Launch of Atal Innovation Mission • Setting up of 35 new incubators in institutions • Promote entrepreneurship in biotechnology • Innovation focused programmes for students • Panel of facilitators to provide legal support and assist in filing of patent application • 80 per cent rebate on filing patent applications by startups • Relaxed norms of public procurement for startups • Faster exits for startups Key Pointers - Start Up India
  • 11. Preconditions for registering as startup Entity type Other Conditions Restriction s Including existing entity/ies or One Person Company which is/are registered as Pvt. Co.  Private Limited Company  Registered Partnership Firm  Limited Liability Partnership Entity’s Age limit: Within 5 years from the date of incorporation Turnover limit: Within 25 crore at the end of financial year Operation: Working towards innovation, development, deployment or commercialization of new products, processes or services driven by technology or intellectual property o An entity formed by the splitting or reconstruction of an existing business shall not be considered to be a startup. o A proprietorship or a public limited company is not eligible as startup.
  • 12. How this will be done ? • To gauge the Innovativeness – GOI will set up an Inter Ministerial Board (Led by Dept of Industrial Policy & Promotion) which will “VALIDATE” the Innovative Nature of an Enterprise – qualifying for Start Up (On the basis of Service / Product) • Incubators will be set up - to recommend the Start Up to eligible under this Scheme • Adding MUNDRA Initiative / Skill India / GST Regime initiative – will take this whole campaign to the New Heights (Due to Transparency / Ease of doing business) • To Market it well & inspire more Start Ups, “Start Up Fest” will be launched – Just Like an Yearly Affair like Vibrant Gujarat (To Invite more FDI into Indian Economy)
  • 13. BENEFITS Benefits • Self certification • Startup patent application • Public procurement Big benefits • Winding up company • INR 2,000 crore credit • INR 10,000 crore fund Tax exemptions • On Income Tax for 3 years • On Capital Gain & on investments above fair market value
  • 14. Current Scenario • Till now, Softbank (From Japan) have invested $2 Billion into Indian Start Ups under this scheme • The have asked to permit them for $10 Bn • Google has already launched a Campaign wherein TOP 3 Start Up ideas (with highest votes) will join in Next Google Launchpad Week • Final Winner in this will get $100,000
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  • 16. “We proposed to create a conducive environment for startups, empower then to grow through innovation and design, create a world class Scientific ecosystem and enable our youth to pursue their dreams”
  • 19. •UNIVERSITY SYLLABUS •STATE SCHOOL SYLLABUS •FACULTY UPGRADATION •SABBATICAL SCHEME FOR COLLEGE AND UNIVERSITY FACULTY
  • 20. •ROLE MODEL PROGRAM •BOOT CAMPS •CULTURE AND EXCHANGE PROGRAMME
  • 21. FUNDING AND INCENTIVES •STARTUP CAPITAL INFRASTRUCTURE FUND •STARTUP SEED FUND •ASSISTANCE AT IDEA •CONCEPT GET COMMERCIALIZED •ASSISTANCE FOR STARTUP FUNDING •SELF – CERTIFICATION AND COMPLIANCE INCENTIVES
  • 22. SUPPORT AND ASSISTANCE 1. SMART CITIES AND AMRUT CITIES 2. MARKET ACCESS • GOVERNMENT PROCUREMENT • TRAINING PROGRAM- INNOVATION WEEK • TIE-UPS WITH E-COMMERCE COMPANIES
  • 23. GOVERNANCE STARTUP COUNCIL (STATE LEVEL COMMITTEE) TASK FORCE (REVIEW MECHANISM) STARTUP DEVELOPMENT CELLS
  • 24. JAI HIND – JAI BHARAT “I SEE STARTUPS, TECHNOLOGY AND INNOVATION AS EXCITING AND EFFECTIVE INSTRUMENTS FOR INDIAS TRANFORMATION” SRI NARENDRA MODI