START UP INDIA STAND UP INDIA

Subscribe to my Medium Account: https://aryanbajaj13.medium.com/subscribe

5 min readJul 14, 2022

There are plenty of different programmes to get involved in as a start-up, such as this article’s focus on the India 3-year scheme from investors. But what does it entail? Find out in this article post, where you’ll learn about the benefits and learn about who qualifies for it.

Introduction

Invest India is the national investment promotion and facilitation agency of the Government of India. It is responsible for creating an enabling environment for investments in India. In this article section, we will be discussing the various start-up schemes by Invest India.

These schemes are designed to provide support to start-ups at every stage of their journey — from ideation to commercialization. Some of the key schemes are:

1. Start-up India Seed Fund Scheme: This scheme provides funding support to start-ups for their early-stage prototypes and product development.

2. Start-up India Hub: The Start-up India Hub is a one-stop shop for all start-up resources and information. It acts as a connection between start-ups and various government agencies, investors, mentors, accelerators, etc.

3. Start-up India Mentorship Programme: Under this programme, experienced mentors from various industries help start-ups with their business planning, strategy formulation, etc.

4. Start-up India Bootcamp Programme: This programme provides intensive training to start-up founders on various topics like finance, marketing, technology, etc.

5. Start-ups Recognition Programme: This programme recognizes and rewards start-ups that are making a positive impact in their domain/sector. Awards are given in various categories like Sustainability, Agri-tech, Edu-tech, Social Impact, Energy Efficiency etc.

6. Launchpad for Start-ups Programme: This programme provides support to registered start-ups in their sector by identifying new business opportunities and providing the necessary inputs that help them to take critical decisions.

7. Fund of Funds Scheme: Under this scheme, the government facilitates raising funds from venture capital (VC) investors and angel investors for setting up/strengthening of incubators/giving direct investments to build rural innovation funds.

*Note: The above is just a tiny summary of government schemes that are already in place or some of the efforts that were started in the last 3 years.

Venture Capital Funds

Venture capital funds (VCFs) are investment vehicles that pool money from investors to invest in start-ups. Invest India has helped set up over 100 VCFs in the last five years, with a cumulative fund size of over INR 100 billion.

VCFs provide much-needed capital for start-ups to grow their businesses. They also give start-ups access to a network of experienced investors and mentors who can offer valuable advice and insights.

Invest India has been instrumental in setting up some of the most successful VCFS in the country, such as Indian Angel Network, seed funding and Helion Ventures. These funds have invested in some of the most promising start-ups in the country, such as Flipkart, Ola and Snapdeal.

If you are a start-up looking for funding, get in touch with Invest India today. They can help you connect with the right VCFS that can take your business to the next level.

Start-up India Stand-up India

The Indian start-up ecosystem has been on the rise in recent years, with more and more entrepreneurs choosing to start their own businesses. The government’s Start-up India Stand-up India initiative has been a key driver of this growth, providing support and guidance to start-ups through a range of schemes.

One of the most popular schemes under the Start-up India Stand-up India initiative is the Pradhan Mantri Jan Dhan Yojana (PMJDY). This scheme provides financial assistance to start-ups in the form of loans and equity investments. It also offers other benefits such as tax holidays and preferential treatment in government procurement.

Another useful scheme for start-ups is the Mudra Yojana, which provides funding for small businesses. The scheme has helped many entrepreneurs get their businesses off the ground and has been instrumental in boosting employment opportunities across the country.

The Start-up India Stand-up India initiative has also launched a number of mentorship and incubation programmes to support start-ups. These programmes provide access to resources and expertise that can help start-ups accelerate their growth.

In addition to these schemes, the government has also put in place a number of policy reforms to make it easier for start-ups to do business in India. These reforms include making it easier to start a business (ease of starting a business), easier to work in the country, and easier for foreign investors to do business in India.

Tax Benefits for Start-ups

Start-ups in India can avail themselves of a number of tax benefits. These include deductions under the Income Tax Act, 1961 and exemptions under the Goods and Services Tax (GST) regime.

Invest India, the national investment promotion agency of the Government of India provides a range of services to start-ups. These include information and advice on government policies, regulations and procedures; access to a network of mentors, investors and incubators; and financial support for start-ups through venture funds.

Conclusion

Invest India’s start-up schemes are a great way for start-ups to get started. They provide funding and mentorship, which can be valuable for a young business. If you’re thinking of starting a business, definitely check out Invest India’s programs.