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StartUp India Streamlines Supporting Infrastructure For Entrepreneurs

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STP Team
New Update
Women Entrepreneurs

There are many reasons why startups must register on the government's StartUp India portal. From funding to accreditation and patents, the Department of Industry Promotion has made an effort to put more and more information in the hands of entrepreneurs. The DIPP Secretary Ramesh Abhishek has gone on record to say he is very optimistic about women entrepreneurs growing the startup ecosystem and wants them to register to learn of their support infrastructure.

SELF CERTIFICATION

and complicane under 9

environmental & labour laws

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INR 10,000 CRORE FUND

of funds for investment into

startups through Alternate

Investment Funds

Ramesh Abhishek promises women entrepreneurs bigger government support Ramesh Abhishek promises women entrepreneurs bigger government support

STARTUP PATENT APPLICATION

fast track & up to 80%

rebate in filling patents

INR 2,000 CRORE CREDIT

guarantee fund for startups

through National Credit Guarantee

Trust Company / SIDBI over 4 years

PUBLIC PROCUREMENT

fast track under the criteria of

"prior experience/turnover" for

startups in all Central Government

ministries/departments

TAX EXEMPTIONS

on Income tax for 3 years

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WINDING UP COMPANY

in 90 days under insolvency

& Bankruptcy code 2016

TAX EXEMPTIONS

on capital gains & on Investments

above Fair Market Value

What defines you as a startup? Here are some guidelines that the government has put down and these are a great pointer towards the infrastructure offerings the government can offer if you qualify.

WHAT MAKES YOU A STARTUP?

You could have existed for upto 5 years from its date of incorporation / registration?

Incorporated as either a Private Limited Company or a Registered Partnership Firm or a Limited Liability Partnership

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Turnover for any fiscal year has not exceeded INR 25 crore

Entity should not have been formed by splitting up or reconstruction a business already in existence

Working towards innovation, development, deployment or commercialization of new product, processes or services driven by technology or intellectual property

she the people Women Achievers startup india Entrepreneurs ramesh abhishek supporting infrastructure
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