2. Startup India, launched on January 16, 2016, by Prime Minister Narendra Modi, Under the ministry of
commerce and industry, aimed to foster innovation, promote entrepreneurship, and create a conducive
ecosystem for startups. The initiative sought to drive economic growth, generate employment, and
position India as a global hub for innovation.
Vision : Catalyse startup culture and build a strong and inclusive ecosystem for innovation and
entrepreneurship in India.24 Jan 2024
Mission : to build a strong ecosystem for nurturing innovation and startups in the country that would
drive sustainable economic growth and generate large scale employment opportunities.
3. BUDGET OF FY 2024-25
• The government has allocated Rs 175 crore for the Startup India Seed Fund Scheme (SISFS) in the Interim
Budget for 2024-25 to provide financial assistance to startups for proof of concept, prototype development,
product trials, market-entry, and commercialisation.
• The Union Budget for 2024 has not brought much cheer for startups, particularly early stage, as government
cuts budget for major flagship schemes under 'Startup India' initiative.In the Budget, there has been a
reduction in the allocation for the Small Industries Development Bank of India (SIDBI)-operated Fund of
Funds Scheme (FFS). The allocation for FFS was cut down to Rs 1,200 crore, compared to the previous
allocation of Rs 1,470 crore for the fiscal year 2023-24.
• Under FFS, the scheme does not directly invest in startups, instead provides capital to SEBI-registered
Alternative Investment Funds (AIFs), known as daughter funds, who in turn invest money in growing Indian
startups through equity and equity-linked instruments.Meanwhile, the Credit Guarantee scheme for startups
works towards providing credit guarantees to loans extended to DPIIT recognised startups by Scheduled
Commercial Banks, Non-Banking Financial Companies (NBFCs) and Venture Debt Funds (VDFs) under
SEBI registered Alternative Investment Funds.The overall budget for Startup India programme has been
brought down to mere Rs 1 lakh, from a high of Rs 45.61 crore in the previous budget.
4. SCHEMES UNDER STARTUP INDIA
• Under the Ministry of Science & Technology, Science and Engineering Research Board (SERB)
• Main sector covered is science and technology
• Eligibility Criteria:
• Applicant should be an Indian citizen residing in India.
• The applicant(s) must hold a regular academic/research position in a recognized institution.
• The proposals can be submitted by an individual or by a team of investigators. Proposals submitted
by a team of investigators must identify a Principal Investigator, who will spearhead the research
objectives and administer the grant.
• Benefits:
• The funding is provided normally for a period of three years. In exceptional cases, the duration can
be up to 5 years as assessed by the expert committee.
• No budget limit is prescribed for this type of projects. The research grant covers equipment,
consumables, contingency, and travel apart from overhead grants.
5. SCHEMES UNDER STARTUP INDIA
• Under the ministry of electronics and information technology
• Main sector covered is science and technology
• Benefits:
• Reimbursement will be limited to a total of Rs 15.0 Lakhs per invention or 50% of the total
expenses incurred in filing and processing of patent application up to grant, whichever is lesser.
• Brief:
• IP-EIT is a scheme to provide financial support to MSMEs and Technology Startup units for
international patent filing to encourage innovation and recognize the value and capabilities of
global IP along with capturing growth opportunities in the ICTE sector.
6. SCHEMES UNDER STARTUP INDIA
• Under the Ministry of Housing and Urban Affairs
• Main sector covered is employment
• Benefits:
• Employment through Skill Training and placement
• ESTP Self Employment Programme
• SEP Social Mobilization and Institutional Development
• SMID Shelter for Urban Homeless
• SUH Support to urban Street vendor
• SUSV Capacity Building and Training Programmes – CBT.
7. SCHEMES UNDER STARTUP INDIA
• Under the Ministry of Micro, Small and Medium Enterprises, NSIC
• Main sector covered is Raw Material
• Eligibility Criteria:
• The Entrepreneurs are required to apply for Raw Material Assistance only on the prescribed
application forms. The application forms downloaded from the link given below may be filled and
can be submitted to the nearest Branch Office. The blank forms are also available free of charge
from the Branch offices.
• Benefits:
• Facilitating procurement of Raw Material with credit support up to 180 days
• SMEs helped to avail Economics of Purchases like bulk purchase, cash discount etc.
8. SCHEMES UNDER STARTUP
• Under the Ministry of New and Renewable Energy Sources
• Main sector covered is energy
• Brief:
• Financial assistance for RDD&D projects that involve partnership with industry/civil society
organizations should normally be restricted to 50% of the project cost. However, for any proposal
from Universities, Government Research Institutions, Private Educational Institutions, etc.
Ministry may provide up to 100% funding, depending on project priority. In the case of Private
Educational Institutions especially engineering colleges have to furnish a declaration that they do
not levy and collect donations for admissions from students while applying for R & D grants.
9. SCHEMES UNDER STARTUP INDIA
• Under the Ministry of Textile
• Main sector covered is textiles
• Eligibility Criteria: - For applied research projects, support up to 70% of total project cost. - Basic
research projects may receive up to 100% funding on a case-by-case basis.
• Benefits: - Encourages market-driven research in collaboration with the industry. - Development
of new products and processes. - Focus on basic and applied research across textiles value chain,
including technical textiles. - Scaling up/commercializing technologies for innovative
products/processes. - Commercialization of technology to support sector and industry growth.
10. SCHEMES UNDER STARTUP INDIA
• Under the ministry of agriculture, SFAC
• Main sector covered is agriculture
• Eligibility Criteria:
• Individuals, farmers, producer groups, partnership/proprietary firms, self-help groups, companies,
agripreneurs, units in agri-export zones, and agriculture graduates can apply.
• Preferably, groups should form companies or producer companies for professional management
and accountability under the relevant Act.
11. SCHEMES UNDER STARTUP INDIA
• Under the ministry of commerce and industry, tea board of india
• Main sector covered is export
• Eligibility Criteria:
• Valid exporters' license required.
• Companies not under investigation/charged/prosecuted/debarred/blacklisted related to trade and
business.
• Participation for exporters submitting regular monthly export returns.
• Exporters must deal exclusively with 100% Indian teas
• Benefits:
• Opportunity for exporters to promote products at international events.
• Facilitates trade opportunities through interactions between buyers and sellers during exhibitions.
12. SCHEMES UNDER STARTUP INDIA
• under the ministry of defence, DRDO
• Main sector covered is defence
• Eligibility Criteria :
• Projects under this scheme are single-phase fast-track projects open for applications. Some
projects are exclusive for startups.
• Benefits :
• Financial Support and expertise to upgrade existing products/systems
13. SCHEMES UNDER STARTUP INDIA
• Under the ministry of development of north-eastern region
• Eligibility Criteria :
• Eligible contractor firms and companies.
• Benefits:
• Financial assistance in the form of gap funding
14. SCHEMES UNDER STARTUP INDIA
• Under the department of public sector enterprise, SIDBI
• Main sector covered is finance
• Eligibility Criteria :
• Strong committed management team with an established performance record and high integrity.
• Sustainable competitive advantage.
• Scalability of operations.
• Potential for above-average profitability leading to attractive returns on investment.
• Subscription to equity/equity-type instruments.
• Unlisted companies, preferably MSME.Availability of exit route for Venture Capital investment.
15. • Benefits :
• SVCL provides 'smart money' to entrepreneurs.
• Beyond finance, SVCL offers networking and management support to facilitate rapid company
growth.
• Assists investee companies in attracting investment from other venture capitalists in subsequent
financing rounds.
16. BUDGET FOR EACH SECTOR
• MINISTRY OF SCIENCE AND TECHNOLOGY=Rs.8029.01cr
• MINISTRY OF ELECTRONICS AND INFORMATION TECHNOLOGY=Rs.21385.2cr
• MINISTRY OF HOUSING AND URBAN AFFAIRS=Rs.77523cr
• MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES, NSIC=Rs.22137.95cr
• MINISTRY OF NEW AND RENEWABLE ENERGY SOURCES=Rs.8500cr
• MINISTRY OF TEXTILE=Rs.600cr
• MINISTRY OF AGRICULTURE, SFAC=Rs.127469.88cr
• MINISTRY OF COMMERCE AND INDUSTRY, TEA BOARD OF INDIA=Rs.
• MINISTRY OF DEFENCE, DRDO=Rs.6.2Lakh cr
• MINISTRY OF DEVELOPMENT OF NORTH-EASTERN REGION (2023-24)=Rs.5892cr
• DEPARTMENT OF PUBLIC SECTOR ENTERPRISE, SIDBI=Rs.
17. SUMMARY OF
STARTUP INDIA
1. Initiative Overview:
• Launched by the Government
of India in 2016.
• Aimed at fostering innovation
and entrepreneurship.
18. SUMMARY OF
STARTUP INDIA
2. Ecosystem Aspects Covered:
• Policy and regulatory reforms.
• Funding and incentives.
• Incubation and mentorship.
• Awareness and outreach.
• International collaborations.
19. SUMMARY OF STARTUP INDIA
3. Key Outcomes:
• 41,317 recognized startups, creating 4.7 lakh jobs.
• Rs 4,509 crore investments in 384 startups.
• 319 startups granted tax exemption.
20. SUMMARY OF
STARTUP INDIA
4. Regulatory Reforms:
• 37 state-level reforms.
• 319 reforms by Central
Government departments.
• Facilitation of business
environment for startups.
21. SUMMARY OF
STARTUP INDIA
5. Government e-Marketplace
(GeM):
• 53,226 orders worth Rs 2,279
crore received through GEM.
22. SUMMARY OF
STARTUP INDIA
6. Grand Challenges and Programs:
• 11 challenges attracting over
10,000 applications.
• Startup India Hub for interactive
support.
• Learning and Development
Programmed with 2.8 lakh users.
