EM_ABHISHEK_SHARMA_24MER0420

MANAGEMENT EDUCATION
& RESEARCH INSTITITE

ENTREPRENEURSHIP MINDSET
TOPIC:- STARTUP INDIA
SUBMITED BY :
ABHISHEK SHARMA
BCOM(H) SEM 1
ENROLLMEMT NO. - 24MER0420
SESSION – 2024-2028
STARTUP INDIA ❖ Startup India is a flagship initiative launched
by the Government of India in January 2016
to foster entrepreneurship, promote
innovation, and build a vibrant startup
ecosystem.
❖ It aims to build a robust ecosystem for

startups by providing financial assistance,
reducing regulatory burdens, and creating an
enabling environment for growth.
❖ ‘Startup India Campaign’ boost startup

talent in India by providing tax exemptions
with the condition.
❖ These benefits are available to new startups

only. Existing businesses for more than 10
years cannot claim this benefit.
HISTORY
In April 2023, Bhagwat

Bhagwat Karad
Karad, the
The scheme offers bank loans of
Prime Minister Narendra
Prime Minister
Narendra Modi
Union Minister of State for
between ₹10 lakh (US$12,000)
Modi launched the Stand-Up India
Narendra
Finance, Government of India,
Modi
and ₹1 crore (US$120,000) for
scheme on 5 April 2016 as part of said that the scheme aligned with
scheduled castes and scheduled
the government's efforts to the National Mission for Financial
tribes and women setting up new
support entrepreneurship among Inclusion's objective of providing
enterprises outside of the farm
women and SC & ST communities. funding opportunities to
sector.
marginalized groups.
REGISTRATION
❖ Companies must first incorporate or register the
business as Limited Liability Partnership, Partnership or
Private Limited Company.
❖ Post incorporation registration visit the startup India

website.
❖ Fill up the form with details of the business.
❖ Enter the one-time password which is sent to your e-

mail and other details like a startup as the type of user,
name and stage of the startup, etc.
❖ After entering these details, the Startup India profile is

created.
ELIGIBILITY
❖Is a Private Limited, Limited Liability Partnership Firm or Partnership
firm.
❖Have not completed 10 years since incorporation or registration.
❖Annual turnover is not more than 10 crore for any financial year.
❖Is not formed by merger, splitting or reconstructing business already in

existence.
❖Entity working towards innovation, research and development and

improvement of products and services generating employment in India.
OBJECTIVES ❖ Ease of Doing Business: The initiative aims to
simplify regulatory processes for startups, reducing
the bureaucratic hurdles they face when starting and
operating businesses.
❖ Startup Registration: Startups can register and

obtain various benefits under this scheme, including
tax exemptions, easier compliance, and access to
government procurement opportunities.
❖ Networking and Collaboration: Startup India

promotes networking and collaboration among
startups, industry associations, and educational
institutions to facilitate knowledge exchange and
partnerships.
❖ Innovation Hub: The initiative encourages research

and innovation through the establishment of
innovation hubs and research parks.
❖ Funding Support: The government has set up funds to

provide financial support and venture capital to
startups. This includes the creation of the Fund of
Funds for Startups (FFS).
SUPPORTS FOR START UP'S
❖ Enhanced infrastructure including incubation centres
❖ - Easier IPR facilitation, including easier patent filing
❖ - A better regulatory environment including tax benefits, easier compliance, improved of

setting up a company, faster exit mechanisms and more
❖ - An economic stimulus in the form a INR 10,000 crore Fund of Funds managed by SIDBI,
with the goal of increasing funding opportunities
❖ - This website, also known as the Startup India Portal, which offers a range of useful
resources and a vast networking database for entrepreneurs and other stakeholders in the
Startup ecosystem
❖ - A toll-free helpline and quick email query resolution for startups

PATENT BENEFITS
❖ A panel of 427 facilitators for patent and design applications and 670
facilitators for Trademarks applications has been constituted for
assistance in filing Intellectual Property (IP) applications and to fast
track the process of patent filing and acquisition.
❖Under the scheme for Startups Intellectual Property Protection, Patent

applicants have received the benefit of up to 80% rebate in patent fees
and free legal assistance.
❖Startups have also availed benefit of fees rebate in expedited

examination filing fees (Form 18(A)). Trademark Rules, 2017 has been
recently amended to provide 50% rebate in Trademarks filing fee to
Startups.
TAX BENEFITS
❖ In the Union Budget 2017-18, the Government
has increased this period of profit-linked
deductions available to the eligible Startups
to 7 years.
❖ Section 54 EE has been introduced under the

Finance Act, 2016 which provides for
exemption of capital gain up to INR 50 lakhs
arising out of transfer of long term capital
asset invested in a fund notified by Central
Government.
❖ Tax exemption on investments above Fair

Market Value (or angel tax) has been
introduced for Startups. Revised norms for
claiming angel tax exemption has been
provided through a notification dated 11th
April 2018.
ECOSYSTEM ❖ India has the 3rd largest startup ecosystem in
the world; expected to witness growth of a
consistent annual growth of 12-15%.
❖ India has about 50,000 startups in India in

2018; around 8,900 – 9,300 of these are
technology led startups 1300 new tech startups
were born in 2019 alone implying there are 2-3
tech startups born every day.
❖ The pace of growth in the startup ecosystem

has increased to 15% year-on-year in 2018,
while the growth of the number of incubators
and accelerators has grown to 11%.
❖ Significantly, the number of women

entrepreneurs stood at 14%, up from 10% and
11% in the previous two years.
FUNDING SUPPORT
❖ "Fund of Funds" scheme with a large corpus to
invest in startups through venture capital
funds.
❖ Credit Guarantee Fund for startups to access

easier loans.
❖ The FFS provides capital to SEBI-registered

AIFs, which then invest in startups. The FFS
does not invest directly in startups.
❖ The Government of India formed a fund of INR

10,000 crore to increase capital availability as
well as to catalyse private investments and
thereby accelerate the growth of the Indian
startup ecosystem.
THE JOURNEY OF START UP INDIA
❖ Self Certification.
❖ Startup Patent Application & IPR Application.
❖ Tax Exemption under 80IAC.
❖ Section 56 Exemption.
❖ Easy Winding up of Company.
❖ Easier Public Procurement Norms.

CONCLUSION
The Startup India initiative is a government program that aims to support entrepreneurship and innovation
in India. The program's goals include:
❖ Creating jobs: The program aims to transform India's youth from job seekers to job creators by
encouraging them to start their own businesses.
❖ Growing the startup culture: The program provides financial assistance and other support to help
aspiring entrepreneurs.
❖ Building an inclusive ecosystem: The program aims to create an environment where entrepreneurs
can thrive.
❖ Driving economic growth: The program aims to help India become a global economic powerhouse.
THE END
THANK YOU

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MANAGEMENT EDUCATION

& RESEARCH INSTITITE

❖ It aims to build a robust ecosystem for

❖ ‘Startup India Campaign’ boost startup

❖ These benefits are available to new startups

In April 2023, Bhagwat

❖ Post incorporation registration visit the startup India

❖ Fill up the form with details of the business.

❖ Enter the one-time password which is sent to your e-

❖ After entering these details, the Startup India profile is

❖Have not completed 10 years since incorporation or registration.

❖Is not formed by merger, splitting or reconstructing business already in

❖Entity working towards innovation, research and development and

❖ Startup Registration: Startups can register and

❖ Networking and Collaboration: Startup India

❖ Innovation Hub: The initiative encourages research

❖ Funding Support: The government has set up funds to

❖ - Easier IPR facilitation, including easier patent filing

❖ - A better regulatory environment including tax benefits, easier compliance, improved of

❖ - A toll-free helpline and quick email query resolution for startups

❖Under the scheme for Startups Intellectual Property Protection, Patent

❖Startups have also availed benefit of fees rebate in expedited

❖ Section 54 EE has been introduced under the

❖ Tax exemption on investments above Fair

❖ India has about 50,000 startups in India in

❖ The pace of growth in the startup ecosystem

❖ Significantly, the number of women

❖ Credit Guarantee Fund for startups to access

❖ The FFS provides capital to SEBI-registered

❖ The Government of India formed a fund of INR

❖ Startup Patent Application & IPR Application.

❖ Tax Exemption under 80IAC.

❖ Easy Winding up of Company.

❖ Easier Public Procurement Norms.

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