STARTUP INDIA SCHEME

STARTUP INDIA SCHEME

Startup India Scheme launched with the aim of encouraging indians to turn up thier innovative idea into sucessful business. Under this scheme several benifits has been granted to eligible startups. Relevant benefits of the scheme hereunder:

- INR10,000 crore granted to VCs to finance eligible startup

- INR 2,000 crore Credit Guarantee funds to back eligible startup which will help startups to raise debt funds from banking channel without collateral/security.

- No Income Tax for intial 3 years

- Fast-track mechanism for Patent & 80% reduction in patent filling fee

- Relaxed norms of public procurement

- No inspection of Labor Inspector for first 3 years

- Relaxed Labor & Environmental Laws regime

- Faster winding up/exits route (within 90 days)

Who are Eligible Startups to avail Startup India benefits?

- Your business idea must be innovative;

- Your business idea must be recommended by recognized incubator.

- Startup must be a register Company/LLP

- Should have proper business plan (Not mandatory but recommended)

For any guidance feel free to consult our expert at 011-65442500 or write us at info@e-startupindia.com

Read more about

Want to register a company?

Want to prepare business plan / project report?

Click here to read about NIDHI Scheme (Seed funds & Grant for Technology based startups)

Click here to read about Standup India (Funding for SC/ST/Women) 

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