A portal and mobile app to provide up-to- date information on various notifications and circulars issued by various Government ministries and departments for creation of a conducive ecosystem for Startups, was launched today by DIPP, Secretary, Ramesh Abhishek in New Delhi today. The portal startupindia.gov.in and mobile app will provide information regarding incubators and funding agencies recognized for the purpose of recommending Startups.
Startup India Hub: The Startup India Hub, which has been established within Invest India, will be a single point of contact for the entire Startup ecosystem which would enable exchange of knowledge. The Hub will work in a hub and spoke model with Governments, VCs, Angel Funds, Incubators, Mentors, etc. It will assist Startups through their lifecycle, on all aspects, such as providing mentorship, incubator facilities, IPR support, funding etc.
Application for Startup Recognition: . The process of recognition is simple and user friendly and involves a single page application form that a user can fill either through a web interface or through mobile app. Formats of the recommendation/ support letters that need to be attached as part of the application form have been published on the portal and mobile app.
Real Time Startup Recognition: A real time recognition certificate will be provided to Startups on completion of the application process. A digital version of the final certificate of recognition is available for download, through the portal and mobile app. A request for certificate of eligibility for tax exemptions from Inter-ministerial Board will be made simultaneously by selection of a simple option. The certificate of recognition is verifiable through the portal and mobile app by entering the Startup Recognition/ Certificate Number.
Incidentally, the DIPP has also setup an Inter-Ministerial Board to verify the eligibility of Startups opting to avail Tax and IPR related benefits and to provide a certificate of eligibility to innovative Startups. The “Startup India” initiative was launched by the Prime Minister, Narendra Modi on January 16, as part of the event to develop a conducive, ‘Startup’ ecosystem in the country.