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Startup India

The Startup India Action Plan aims to create a single point of contact called the Startup India Hub that will enable knowledge sharing and access to funding to consolidate the startup ecosystem. The hub aims to connect domestic startups to the global ecosystem and encourage other stakeholders to participate in order to grow the startup culture in India. It will provide facilitation and support to various stakeholders.

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0% found this document useful (0 votes)
283 views32 pages

Startup India

The Startup India Action Plan aims to create a single point of contact called the Startup India Hub that will enable knowledge sharing and access to funding to consolidate the startup ecosystem. The hub aims to connect domestic startups to the global ecosystem and encourage other stakeholders to participate in order to grow the startup culture in India. It will provide facilitation and support to various stakeholders.

Uploaded by

Naveen J
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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“Startup India Hub will be a single point of contact for

the entire ecosystem and enable knowledge exchange


and access to funding”
– Startup India Action Plan , Jan 2016

 Bring all stakeholders to a common


CONSOLIDATE THE platform
CURRENT
ECOSYSTEM  Value proposition for all stakeholders

Launched by GROW THE  Connect with global ecosystem


Shri Narendra Modi ECOSYSTEM  Stimulate others to join the ecosystem
Hon’ble Prime Minister of India  Access to information and knowledge
FACILITATE
16th January 2016 STAKEHOLDERS  Handholding support
How to Define a startup?
Government of India Definition

NATURE OF
AGE ENTITY TYPE TURNOVER
INNOVATION

7 years from Pvt. Ltd. Must not exceed Developing new or


date of Company or INR 25 Cr. in in improving existing
incorporation LLP or any fiscal year product/service
(10 yrs for Partnership Firm offering
biotech)
Recognition Procedure
Government of India Recognition

ONLINE UPLOAD APPLICATIO


RECOGNITION
APPLICATION SUPPORTING N
AS STARTUP
FORM DOCUMENTS EVALUATION

15 – 20 minutes 24 - 48 hrs

Submit details on Startupindia.gov.in Startup India Team evaluates proposal and


- Founder & Team Details takes action within 24 - 48 hrs of
- Entity Details - If suitable, then application approved,
- Business model - If answers are not suitable, then second
- IP details chance given to startups to reapply
Startup India STARTUP INDIA RECOGNITION
Starting a startup revolution
0 400 800
NO. OF STARTUPS RECOGNIZED

11,634
Startups Recognized with the
Government of India

448 29 6
Districts States Union Territories

56% 27% 17%


Tier 1 Cities Tier 2 Cities Tier 3 Cities
Nation of Job Creators
Shaping a New India

12 Jobs 55%
45%

per startup*

*1,06,618 JOBS REPORTED BY 9,091 DISTRIBUTION OF STARTUPS WITH ATLEAST 1 OR


STARTUP INDIA RECOGNISED STARTUPS MORE WOMEN DIRECTOR (S)
Process simplification
Encouraging startups

Government Patent Tax Compliance Faster


Procurement Granted Benefit Regime Exit

Fast Track Income Tax Self


2018 Exempted
Examination Exemption Certification 90 Days

Experience, Time
2014 Turnover, EMD
required
Consuming
Process
Nil Physical Inspection > 4 years
Funding Innovation
Fund of Funds

₹ 10,000 Cr. corpus to be provided by Mar’25


DIPP SIDBI 27 VCFs 142 Startups
₹ 2,200 Cr. ₹ 1,285.7 Cr. ₹ 180 Cr. Catalyze investment
Authorised committed disbursed of ₹ 600 Cr.

Government Contribution Catalysing 10X Funds for Startups

₹1,285.7 Cr. ₹ 7,036 Cr. ₹ 13,888 Cr.


Government Corpus made Target Corpus to be made
Commitment available to startups available to startups
Startup India
Benefits for startups

Relaxation of Public Procurement Norms


 Relaxation of turnover, experience, & EMD
condition for startups
 All Central Public Sector Undertakings to follow
procedures and give preferential treatment to
startups
 DIPP Recognised startups can directly register and
sell on Government-e-marketplace (GeM) with no
requirement of turnover & experience criteria
Startup India
Benefits for startups

Patent & Trademark Benefits


 80% rebate in patent filing fees
 50% rebate in trademark filing fees
 Empanelled 1,019 facilitators for free of cost
filing & facilitation
 Government to reimburse facilitators’ cost

 801 applications have received 80% patent rebate


 1,226 applications have received 50% trademark
rebate
Startup India
Benefits for startups

Facilitation & Handholding


 Dedicated facilitation support team at Invest
India to handhold startups
 48 hr response time for any startup enquiry made
via email, twitter, or call centre

 1,05,230 enquiries have been successfully


resolved so far
 547 startups mentored and facilitated by team
(such as business advisory, financial advisory, tax
& legal support, stakeholder introduction etc.)
Startup India
Benefits for startups

Easier Compliances
 Inspections against 6 labour & 3 environmental
laws relaxed for startups
 Startups now allowed to self certify against laws;
easing compliances for startups

 Insolvency & Bankruptcy board constituted for


fast track exit
 90 day period for winding up operations as
opposed to 4 yrs earlier
Startup India
Benefits for startups

Tax Exemptions
Tax exemption on investment from investor against issue of
share capital and on profits and gains from income for 3 years
Startups can apply to avail exemption under Section 56 and
Section 80 IAC of the Income Tax Act, 1961

Operating Guidelines Formulated

Evaluation Criteria Inter Ministerial Board


1. Innovation & Uniqueness
2. Share Capital details 1. DIPP 5. CBDT
3. Merchant banker report 2. DBT 6. SEBI
4. Details of Issue of Shares 3. DST 7. RBI
5. Investor Details 4. MeitY 8. MCA
Funding Innovation
Building Capacities

INNOVATORS

Atal Tinkering Labs ₹ 488 cr.


Scheme run by NITI Aayog to set up tinkering labs in schools across India
where young minds can give shape to their ideas through hands-on, do-it-
yourself learning
 2441 schools across India have been selected to setup tinkering labs
 Grant-in-aid of INR 20 Lakhs per lab over a period of 5 years
Funding Innovation
Building Capacities

INNOVATORS

MANAK ₹ 30 cr.
Scheme run by Dept. of Science & Technology to strengthen science and
technology system, increase R&D human resource base by inviting students
from all government and private schools to send their original and creative
technological ideas/innovations.
 30,678 students received a grant of INR 10,000 each
Funding Innovation
Building Capacities

INNOVATORS

Uchhattar Avishkar Yojana ₹ 258 cr.


Scheme run by Min. of Human Resource Development to jointly fund research
projects, along with private entities, undertaken by IIT students
 Funding support provided to 85 research projects at various IITs, for
product development & commercialization
Funding Innovation
Building Capacities

INFRASTRUCTURE

Incubation Centres ₹ 244 cr.


Supporting creating of world class incubation facilities across India that will
enable entrepreneurs by mentoring and cultivating their ideas into successful
ventures
 NITI AAYOG
 Dept. of Science & Technology
 Dept. of Biotechnology
Funding Innovation
Building Capacities

INFRASTRUCTURE

Research Parks ₹ 665 cr.


Scheme run by Min. of Human Resource Development to setting up research
facilities for incubation and joint Research and Development (R&D) efforts
between academia and industry
 Establishment of R&D facilities across 7 IITs & IISc Bangalore ( i.e.
academia-industry collaboration)
Funding Innovation
Building Capacities

INFRASTRUCTURE

Bio Clusters & Regional Centres₹ 412 cr.


Spearheaded by Dept. of Biotechnology to promote innovation among Biotech
companies and support commercialization of research
 4 bio-clusters at Kalyani, Bangalore, Faridabad & Pune
 3 BIRAC Regional Centres at Hyderabad, Bangalore & Pune
Startup India Online Hub
India’s Largest Virtual Incubation Platform

Information
www.startupindiahub.org.in Discovery
Inve st or

Curated Learning
Programs
Discover, Connect, & Me nt or
Govt . Bod ie s
Engage with Ecosystem Networking &
Engagement
Stakeholders S t a r t up

Tools &
Templates
Acce le ra t or
Incub a t or
Applications
to enablers
Startup India Learning Program
4 weeks long || Free of Cost || English & Hindi

Course Content
Startup Idea Assessment
India
Learning Building a Legal Foundation
Program
Finance Basics

Additional Resources Business Planning


 Discussion forums
Fundraising & Valuation
 Online workshops
 Templates/ Resources
Business Plan
Building International Bridges
Market Entry for Indian Startups
Objectives
 International bridges for cross border exchange of startups
 Market entry support for Indian startups looking to expand to other countries
 Connecting Indian startups with local stakeholders for successful expansion

Successful Examples of Startup India International Partnerships

Portugal Israel Sweden Singapore


State
Startup
Initiatives
18 States with Startup Policies
14 Launched After Startup India
State Startup Ranking Framework
Objectives

Highlight achievements made Compendium of 112 good


by State Govts. practices launched

Foster Competitiveness
Recognised State Government
amongst State Govts.

Facilitate learning of best Knowledge exchange workshop


practices at leading incubators

25
State Startup Ranking Framework
Overview of Framework

1 Startup Policy & Implementation

2 Incubation Support

7 Areas of 3 Seed Funding Support

Intervention 4 Angel & Venture Funding Support


----------------
38 Action 5 Simplified Regulations
Points 6 Easing Public Procurement

7 Awareness & Outreach


Best Practices
Compendium of 112 Practices Across 38 Action Points
Pillars of Implementations
 Online platform to self certify compliance under Labour Laws (Rajasthan)
 Roundtable with major e-pharmacy startups, state govts. & DGCI (GOI)

Incubation Support
 Launched T-Hub; 70,000 sq. ft. Incubation area (Telangana)
 iCreate; 40 acre campus to promote startups (Gujarat)

Seed Funding
 Seed Capital Fund Scheme providing funding of up to INR 7.5 lakhs (Jammu & Kashmir)
 Grant of upto INR 10 lakhs as an interest free loan for 10 yrs. (Bihar)

Angel & VC Funding


 Facilitate set up of Angel Investor Network (Odisha)
 INR 500 Cr. Fund of Funds set up (Kerala)
Best Practices
Compendium of 112 Practices Across 38 Action Points
Simplified Regulations
 Innovation Society (Andhra Pradesh)
 Startup Council under Hon’ble CM (Karnataka)

Public Procurement
 Credential Development Assistance up to 10% (Madhya Pradesh)
 Special provision of 20% total procurement from Startups (Odisha)

Awareness & Outreach


 Startup India Yatra series in search of entrepreneurial talent from tier 2 & 3 cities (GOI)
 Bootcamps across all 27 districts; 3,858 ideas (Chhattisgarh)
Startup India
Yatra
Startup India Yatra
Creating Entrepreneurs in Tier 2/3 Cities of India

Offline initiative to promote & support grassroot


innovation coming from tier 2 & 3 cities
- Conducted across local colleges &
universities
- Day long mentorship workshops taken by
experts
- Idea submission at each session

Outcomes
- Grand Finale for incubation opportunity at
India’s leading centres
- Potential cash prize funded by State
Government
Startup India Yatra
Outcomes so far…

Uttar Gujarat Uttarakhand Madhya


Odisha
Pradesh Pradesh

7 Districts 10 Districts 5 Districts 13 Districts 14 Districts

5,000+ 10,000+ 3,000+ 3,000+ 4,000+


Individuals Individuals Individuals Individuals Individuals

44 76 22 10 110
Incubation Offers Incubation Offers Incubation Offers Incubation Offers Incubation Offers
Key Officials
Ramesh Abhishek
Secretary, DIPP
[email protected]

Atul Chaturvedi
Connect With Us Additional Secretary, DIPP
[email protected]
www.startupindia.gov.in Anil Agrawal
Joint Secretary, DIPP
1800-11-5565 [email protected]

[email protected] Shruti Singh


Director, DIPP
[email protected]
@startupindia
Suyash Mishra
Startup India Asst. Vice President, Invest India
[email protected]

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