The Startup India Initiative, which was launched on January 16, 2016, has rolled out several programmes with the goal of supporting entrepreneurs, building a robust startup ecosystem, and transforming India into a country of job creators rather than job seekers. These initiatives are overseen by the Startup India Team, which reports to the Department of Industrial Policy and Promotion (DPIIT) under the Ministry of Commerce and Industry.
Unlock benefits and foster entrepreneurship
For Startup India registration, the business must be registered under any of the following forms of business organization in India:
- Private Limited Company under the Companies Act, 2013;
- Partnership Firm under the Indian Partnership Act, 1932;
- Limited Liability Partnership under the Limited Liability Partnership Act, 2008.
- Annual Company turnover < Rs. 100 Crores in any financial year since its incorporation;
- Registered for not more than 10 years since incorporation;
- The company should not have been formed by splitting up or reconstructing of an already existing business;
- Company satisfies any of the following conditions:
- Company is offering innovative products or service; or
- Company is having a scalable business model;
- Company is having a business model with high potential of employment generation; or
- Company is having a business model with high potential of wealth creation.
How to Apply
- Register the Company as a startup under the Startup India Scheme;
- Fill in the details and upload supporting document;
- Undertake self-certification;
- A brief description of business innovative nature of services/products;
- Verification will be conducted by DPIIT;
- Recognition number/ID and the certificate of recognition will be issued by DPIIT.
- Certificate of Incorporation or Partnership Registration Certificate;
- Company PAN;
- MSME/GST/Trademark registration details;
- Details of the Business- Industry, Sector of operations, Category of products/services, Registered office address;
- Details of the Directors/Partners and Authorised Representatives;
- Details of revenue model and unique features of the product/ service;
- Details of the website of the business;
- Pitch deck of the business (Pitch deck is a presentation that company use to showcase their startup plan to investors when looking to raise fund) etc.
Department for Promotion of Industry and Internal Trade (DPIIT)
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