Startup eco system IN INDIA, IPR :, of the youth, by the youth, for the…
Startup eco system IN INDIA
what is Start-up
Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry
partnership firm (under the Partnership Act, 1932)
limited liability partnership (under the Limited Liability Partnership Act, 2008)
private limited company (as defined in the Companies Act, 2013)
annual turnover <= Rs 100 crore any preceding financial year
<= ten years date incorporation/registration
scalable business model
high potential of employment generation
innovation, development or improvement
third-largest startup ecosystem -world
49 unicorns (as of 2020)
collective valuation $130 billion.
Growth of the Start-up
15% year on year
across all sectors
Enormous growth -
technology centric startups
Internet of Things
challenges Startup face in the current ecosystem?
that 85% of the new companies are underfunded
weak Venture Capitalist & Angel investor framework
low risk appetite- Indian market
inconsistent -incubation time
difficulty finding orders
Inadequate supporting infrastructure
business development centres
Bureaucratic hurdles- complicate growth process
poor Ease of Doing business
:red_flag:large no. regulatory compliances
complex labor laws
emerging technol.- cryptoc. , 5G
Lack of mentorship and support
startups- brilliant ideas :star:
:black_flag::but little or no industry, business and market experience product in markets
good idea startup end :crying_cat_face:
Startup India Initiative in 2016
‘Prarambh: Startup India International Summit
bring toge.top policy makers, industry, academia, investors, startups and all stakeholders- globe
delib. good practices - eco systems globe
spread & depth entreprene.
attention global capital
mobilize domestic capital
opportunities for accessing international markets
evolve enabl policy provis.
Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry.
catalyse & build strong inclusive ecosystem & startup culture
innova. & entrepre
several programs manage.
other government initiatives
pradhan mantri mudra yojana
1000 cr startup seed fund
change definition startup
incentivizn. one person company
priority sector lending category
In light these challenges initiatives startup
creation of large scale infrastructure
encouraging innovation in education
strengthening industry-academia linkage
making entrepreneurship inclusive vis-à-vis region, gender, caste or socio-economic status
5 year achiev
recog. 34,800 startups(2016-2020)
$1 M beni.
part of 150 stUP inno. prog & chall.
INR 3000 Cr
47 Venture capital by govern.
global market access & know.
8,000 startups have been registered
Government e-Marketplace (GeM portal)
panel of facilitators
assist filling IP application cost
fast track patent applic.
of the youth, by the youth, for the youth stUP ecoSys
3 PRONGED STRATEGY - STARTUP INDIA
self certification & compliance
9 enviro. & labor laws
Insolvency & Bankruptcy Bill 2015("IBB")
startup- simple debt structures
wound up -90 days
FUND OF FUNDS
Invest. - stUP
initial corpus 2,500 cr, total corpus 10,000 cr - 4 yrs
National Credit Guarantee Trust Company/SIDBI
BUDGETRY CORPUS- 500 cr
exemptions-3 yrs - capital gains tax exemp. people investing -such gains- govern. rec. fund of funds
Tax exemptions- Investment above fair market value(FMV)
31 Innov. Centres, 18 Techno. Bussii. incubato.,7 research parks & Atal Tinkering Labs 35 new incubators- existing institutions, 35 new private sectors incu. - funding support govern.
NIDHI-INR 10 lakh to 20 student innovations
unhatter aviskar yojana
INR 250 cr/annum
foster high quality research - IIT stu.
Annual incubator grand challenge
organ. startup fests
platform - innovation
startup talk shows
Over 25 countries and more than 200 global speakers