Startup India Recognition

Startup India is an Indian Government initiative that is intended to build a strong eco-system for nurturing innovation and startups in the country to drive sustainable economic growth and generate large scale employment opportunities. Through this initiative, the government aims to empower Startups to grow through innovation and design.

The objectives of the Startup India Movement are outlined below. The action plan envisages supporting the startups and more:

• Enhanced infrastructure, including incubation centres
• IPR facilitation, including easier patent filing
• The better regulatory environment, including the tax benefits, easier compliance, improved setting up of a company, fastest mechanism and more.
• A goal to increase the funding opportunities
• Provide a vast networking database for the entrepreneurs and other stakeholders in the startup ecosystem.