The document discusses what a startup is and provides examples. It then explains what Startup India is - a campaign launched by Prime Minister Modi to promote entrepreneurship through bank financing and reducing regulatory burdens for startups. It aims to boost new businesses and job creation. Key aspects of Startup India include a simplified registration process, patent protection reductions, a Rs. 10,000 crore fund of funds, income tax exemptions for new startups, and a single portal for access to funding and clearances.

2. What is startup

3. What is startup?
 A startup is a young company that is just
beginning to develop. Startups are usually
small and initially financed and operated by
a handful of founders or one individual.
These companies offer a product or service
that is not currently being offered
elsewhere in the market, or that the
founders believe is being offered in an
inferior manner. Example – limeroad by
shuchi mukhrjee, oyo by ritesh aggarwal,
snapdeal by kunal behal

4. Complex procedure
Lack of clear
guidance
Too many license,
corruption etc
cautious fact
Only one out of 250 applications was
selected as “eligible one”

5. What is startup India?

6. What is startup India
 Startup India campaign is based on an action
plan aimed at promoting bank financing for
start-up ventures to boost entrepreneurship
and encourage start ups with jobs creation.
 The campaign was first announced by Prime
Minister Narendra Modi in his 15 August 2015
address from the Red Fort
 It is focused on to restrict role of States in
policy domain and to get rid of "license raj”
and hindrances like in land permissions,
foreign investment proposal, environmental
clearances. It was organized by Department of
Industrial Policy and Promotion .
 The Standup India initiative is also aimed at
promoting entrepreneurship among SCs/STs,

7. Eligibility for plan
 Entity – either private limited company,
registered partnership firm, limited liability
partnership
 Newly formed , not more than 5 years
 Turnover in any year not more than 25c
 Some innovation results in value addition
to customers

8. Next step ???
Get approval of DIPP that your
company is innovative
Recommendation
letter by incubator
founder by GOI
Recommendation
by incubator
recognized by
GOI
Patent granted by
Indian patent and
trademark office

9. Perks from plan
 Reduce regulatory burden
 Startup India Hub to act as single point of contact for the
entire startup ecosystem to enable knowledge exchange
and access to funding.
 Simplified Startup process whereby a startup can be
registered in a day through a mobile app and online
portal. Portal to also cater towards clearances, approvals
and registrations.
 Patent protection to be provided to startups and 80%
reduction in patent registration fee.
 Fund of funds with a corpus of Rs. 10,000 crore
 Freedom from Capital Gains Tax for 3 years.
 Income Tax Exemption for 3 years.
 Innovation friendly

10. Loopholes in scheme
 Too much focus on technology and
innovation
 Regulatory Environment more crucial in
other sectors
 The technical education funding is
insufficient
 Need to be careful of bad debts

11. Policies under scheme
 The start-ups will adopt self-certification to
reduce the regulatory liabilities..
 An all-India hub will be created as a single
contact point for start-up foundations in India,
which will help the entrepreneurs to exchange
knowledge and access financial aid.
 An online portal, in the shape of a mobile
application, will be launched to help start-up
founders to easily register.
 A fast-track system for patent examination at
lower costs is being conceptualised by the
central government.

12.  The government will develop a fund with an
initial corpus of Rs 2,500 crore and a total corpus
of Rs 10,000 crore over four years, to support
upcoming start-up enterprises
 A National Credit Guarantee Trust Company
(NCGTC) is being conceptualised with a budget
of Rs 500 crore per year for the next four years to
support the flow of funds to start-ups.
 At present, investments by venture capital funds
are exempt from the Capital Gains Tax.
 Start-ups would not pay Income Tax for three

13.  In case of an investment of higher value than the
market price, it will be exempt from paying tax
 Innovation-related study plans for students in
over 5 lakh schools
 The Atal Innovation Mission will be launched to
boost innovation and encourage talented youths.
 A private-public partnership model is being
considered for 35 new incubators and 31
innovation centres at national institutes.

14.  The government plans to set up seven new
research parks, including six in the Indian
Institute of Technology campuses and one in the
Indian Institute of Science campus, with an
investment of Rs 100 crore each.
 The government will further establish five new
biotech clusters, 50 new bio incubators, 150
technology transfer offices and 20 bio-connect
offices in the country.
 The government will introduce innovation-
related programems for students in over 5 lakh
schools.

15.  A rebate amount of 80 percent of the total value
will be provided to the entrepreneurs on filing
patent applications.
 Norms of public procurement and rules of
trading have been simplified for the start-ups.
 If a start-up fails, the government will also assist
the entrepreneurs to find suitable solutions for
their problems. If they fail again, the government
will provide an easy way out.

16. COCLUSION
 This initiative is an effective effort by the government to
assist startups in starting new business ventures
especially those with innovative ideas and skills.
 It will help in improving the status of small and new
entrepreneurs as well as creating new job opportunities
for others.
 PM Modi has requested to each banks to support at least
one dalit and one woman entrepreneur in opening their
business.
 There is no lack of talented and skilled youths with
innovative plans in India
 however they need some effective support to be
encouraged and go ahead without fear of getting failed.
 All the IITs, central universities, IIMs, NITs and other
institutions of India were live connected to each other for
the successful launch of this campaign.