Full details about the startup India scheme in India

2. Startup India Scheme
Giving Wings to Young Entrepreneurs!

3. Table of Contents
1. Startup India
2. Introduction
3. Objective
4. Registration
5. Startup Recognition
6. Fund Support

4. Introduction
• Country - India
• Ministry - Ministry of Commerce and Industry
• Key people - Suresh Prabhu
• Launched - 16 January 2016; 2 years ago Vigyan
Bhavan, New Delhi
• Website - startupindia.gov.in

5. Three pillars of Action Plan
•Simplification and Handholding.
•Funding Support and Incentives.
•Industry-Academia Partnership and
Incubation.

6. Key points
• 10,000 crore startup funding pool.
• Reduction in patent registration fees.
• Improved Bankruptcy Code, to a ensure 90-day exit
window.
• Freedom from mystifying inspections for first 3 years
of operation.
• Freedom from Capital Gain Tax first 3 years of
operation.
• Freedom from tax for first 3 years of operation.

7. Key points
• Self-certification compliance.
• Create an Innovation hub, under the Atal Innovation
Mission.
• To target 500k schools, and involve 1m children in
innovation related programmes.
• New schemes to provide IPR protection to startup
firms.
• Encourage entrepreneurship within the country.
• Promote India across the world as a start-up hub.

8. Government's role
• The Ministry of Human Resource Development and the
Department of Science and Technology have agreed to
partner in an initiative to set up over 75 such startup support
hubs in the National Institutes of Technology (NITs), the
Indian Institutes of Information Technology (IIITs), the Indian
Institutes of Science Education and Research (IISERs) and
National Institutes of Pharmaceutical Education and Research
(NIPERs).
• The Reserve Bank of India said it will take steps to help
improve the ‘ease of doing business’ in the country and
contribute to an ecosystem that is conducive for the growth
of start-up businesses

9. State initiatives
• Kerala has initiated a government startup policy called "Kerala
IT Mission"
• ₹50 billion (US$770 million) in investments for the state's
startup ecosystem.
• India's first telecom incubator Startup village in 2012.
• The state also matches the funding raised by its incubator from
Central government with 1:1
• Telangana has launched the largest incubation center in India as
"T-Hub". Andhra Pradesh has allocated a 17,000-sq.ft.
• Technological Research and Innovation Park as a Research and
Development laboratory.

10. State initiatives
• created a fund called "Initial Innovation Fund" of ₹100
crore (US$15 million) for entrepreneurs.
• The government of Madhya Pradesh has collaborated with
the Small Industries Development Bank of India (SIDBI) to
create a fund of ₹200 crore (US$31 million).
• Rajasthan has also launched a "Start-up Oasis" scheme.
• In order to promote start-ups in Odisha, the state
government organised a two-day Start-up Conclave in
Bhubaneswar on November 28, 2016.

11. Registration
197,469
30,000
Learning & Development
Module
Startup India Hub

12. Start up Recognition
913
Last Month
7775
Till Date
67
This Month

13. Why Register?
• SELF CERTIFICATION - And compliance under 9
environmental & labour laws
• IPR Support - Government to bear facilitation
cost & 50% rebate on trademark filing
• INR 10,000 CRORE FUND - Funds for investment into
startups through Alternate Investment Funds
• PUBLIC PROCUREMENT NORMS - Central
Ministries/Departments to relax condition of prior
turnover & prior experience for Startups

14. Why Register?
• STARTUP PATENT APPLICATION - Fast track
& up to 80% rebate in filling patents
• PUBLIC PROCUREMENT NORMS - Exemption
from requirement of Earnest Money Deposit in
government tenders
•WINDING UP COMPANY - In 90 days under
insolvency & Bankruptcy code 2016
• TAX EXEMPTIONS - Income Tax exemption for a
period of 3 consecutive years

15. Investee
77
Companies

18. Fund Support
• STARTUP PATENT APPLICATION - Fast track
& up to 80% rebate in filling patents
• PUBLIC PROCUREMENT NORMS - Exemption
from requirement of Earnest Money Deposit in
government tenders
•WINDING UP COMPANY - In 90 days under
insolvency & Bankruptcy code 2016
• TAX EXEMPTIONS - Income Tax exemption for a
period of 3 consecutive years

19. There is no Doubt India will go Faster....But the
question question in question in how fast?
India is a place that can be whatever you want it to
be .It can be ideal for a small cash flow bussiness or
a billion empire.Its true , building a company in India
is full of friction, but less friction usualy means 10x
the competition.
Conclusion

20. Refrences
"PM Modi in Mann Ki Baat: 'Start Up India, Stand Up India' action plan on January 16 -
Times of India", The Times of India
"Start-Up India plan on Jan 16: Modi on Mann ki Baat". The Indian Express. 2015-12-27.
"Start-Up India campaign: We are growing much faster, says Arun Jaitley : Delhi, News -
India Today", indiatoday.intoday.in
"Startup India action plan to provide final break from license raj: Arun Jaitley", The
Economic Times
"PM Narendra Modi to unveil startup action plan today as a major breakthrough for
entrepreneurship in India - The Economic Times", The Economic Times
"Start up India: This is the beginning of big bang start up boom in India, says Softbank
CEO", The Hindu, 16 January 2016
"RBI to create enabling framework for growth of start-ups". The Hindu. 2016-02-02.
ISSN 0971-751X. Retrieved 2016-02-04.