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Startup India

Startup India is a flagship initiative of the Government of India, intended to catalyze startup culture and build a strong and inclusive ecosystem for innovation and entrepreneurship in India.

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Steps to Apply

1Register on Startup India portal
2Submit required documents
3Get DPIIT recognition
4Apply for relevant schemes
5Access benefits and support

Eligibility

Companies less than 10 years old
Annual turnover less than ₹100 crore
Working towards innovation/improvement of products/services
Not formed by splitting/restructuring existing business

Benefits

Self-certification compliance

Tax benefits

Easy patent filing

Funding support

Incubation and mentorship

Requirements

Certificate of incorporation
Business registration documents
Patent/trademark details (if any)
Proof of innovative concept

Frequently Asked Questions

What is DPIIT recognition?

DPIIT recognition is official recognition from the Department for Promotion of Industry and Internal Trade, making startups eligible for various benefits.

What tax benefits are available?

Startups can get income tax exemption for 3 years and exemption on capital gains and investments above fair market value.

How long does DPIIT recognition process take?

The recognition process typically takes 2-3 working days after submitting all required documents.

Can existing businesses apply for Startup India?

Only companies less than 10 years old and not formed by splitting existing businesses can apply.

What funding support is available?

Startups can access funding through Fund of Funds, seed funding, and various government schemes.

Is patent filing assistance available?

Yes, startups get up to 80% rebate on patent filing fees and fast-track examination.

How can I access mentorship support?

Startups can connect with mentors through the Startup India Hub and various incubation centers.

Disclaimer

The information provided here is based on publicly available resources. We strive to keep it up to date, but it is always advisable to consult official documentation or contact the relevant authorities to verify the details before making any decisions or taking action.

We are not liable for any discrepancies, damages, or consequences that may arise from the use of this information. Additionally, we do not take responsibility for any SMSD (Short Message Service Delivery) issues or related concerns that may arise from our services.

More Information

Startup India has emerged as a revolutionary scheme that has brought big changes in the startup culture of India. The scheme has successfully driven sustainable economic growth and generated large scale employment opportunities.