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Startup India (DIPP)

Startup India is a flagship initiative of the Government of India (launched January 2016), intended to build a strong eco-system for nurturing innovation and Startups in the country that will drive sustainable economic growth and generate large scale employment opportunities. The Government through this initiative aims to empower Startups to grow through innovation and design. In order to meet the objectives of the initiative, Government of India announced Startup India Action Plan that addresses all aspects of the Startup ecosystem. With this Action Plan the Government hopes to accelerate spreading of the Startup movement: The Action Plan is divided across the following areas:

  • Simplification and Handholding
  • Funding Support and Incentives
  • Industry-Academia Partnership and Incubation

 

The Action Plan is based on three pillars – Simplification and handholding, funding support and incentives, industry-academia partnership and incubation. Following are the 19 Action Points under the Startup India initiative:

  • Simplification and handholding
  • Funding support and incentives
  • Industry-academia partnership and incubation

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