2. CONTENTS
Introduction
Objectives
Eligibility for Start up
Sources of funding
Registration Process
Supporting documents with application
Incentives/Benefits & Advantages to startups
Opportunities
Facts
3. INTRODUCTION
Announced by Prime Minister Mr. Narendra
Modi on 15th August, 2015.
Launched on 16th January, 2016.
It’s a support from government in
implementation of ideas of the people.
4. Objectives
• Promote Innovation
• Make business commencing a movement
• Shift from job seeker to job creator
• Provide all facilities and support to the entrepreneur in
development of their business
• Give easy excess to finance.
5. 10-Sep-16
“I see startups,
technology and
innovation as
exciting and effective
instruments for India’s
transformation.”
Shri Narendra Modi
Prime Minister of India
6. ELIGIBILITY FOR STARTUP
Be incorporated or
registered in India
not prior to 5 years
Not have turnover exceeding
Rs. 25 crores in any of the
preceding financial years
Entity Should
Be working towards innovation,
development, deployment or
commercialization of new
products, processes or services
driven by technologies or
Intellectual property
Limited
liability
Partner
ship
Private
limited
company
including
OPC
Registered
partnership
firm
Forms of Entity
Note: Entity shouldn’t have been formed by splitting up or reconstruction of a
business already in existence.
7. SOURCE OF FUNDING
Funding
Incubators Accelerators Angel Investors
Incubator is a
company that helps
new and startup
companies to develop
by providing services
such as management
training, office space
or other equipments
Startups are given small
seed investment and
access to a large mentor
network, in exchange for
a small equity stake,
generally between 2.0%
to 10.0%
Angel Investors are
those high net-worth
individuals who invests
in high potential
startups at an early
stage based on idea
and team qualifications
In case, startup is registered under the MICRO, SMALLAND MEDIUM ENTERPRISE
DEVELOPMENT ACT, 2006, then from:
• Ministry of Micro, Small And Medium Enterprise
• Small Industries Corporation (NSIC)
• Small Industries Development Bank of India
• Mudra Bank (Micro Units Development & Refinance Agency Limited)
• Other Commercial Banks
8. REGISTRATION PROCESS
Decide the Business involving an
Innovative Idea
Take the recommendation/ letter of
funding/patent
Incorporation/ Registration of
Company/LLP/ Partnership
Fill the Form
Decision to be taken for granting
registration by Inter-Ministerial Board
Certificate of Registration
Note: Step No. 2 and 3 can interchange also if the party chooses to open the entity first.
9. An application for being recognized as a startup and for availing certification should be
supported by:
Note: If any recognition is found to be obtained without uploading the document or uploading any
other document or a forged document, the concerned applicant shall be liable to a fine which shall be
50% of paid up capital of the start-up but shall not be less than Rupees 25,000.
SUPPORTING DOCUMENTS WITH
APPLICATION:
10. INCENTIVES/ BENEFITS &
ADVANTAGES
10-Sep-16
Incentives by RBI
Foreign venture capital
able to invest into all
the sectors subject to
not operating in
prohibited sectors.
Simplification of the
process for dealing
with delayed
reporting of Foreign
Direct Investment
Tax Incentives
Corporate tax
reduction
Capital gains
exemption
Incentives for ease of
doing business
Incorporation
& other
formalities
Self-
Certification
Intellectual
Property
Rights
registration
Ease of
winding up
11. OPPORTUNITIES UNDER START-UP
• DEPENDENCE ON IMPORTS
India is highly dependent on Imported goods and services, therfore, start ups can take this
opporunity to develop those products locally.
• LARGE MARKET
India with over a billion people, present a very large home market for any goods and
services.
• FAVOURABLE ENVIRONMENT
Presently every department of Government is favouring and encouraging the start ups with
the various incentives and opportunities.
• INDUSTRY WISE OPPOTUNITY
It is estimated that the defence , Automobile, IT sector, Pharmasuitical, electronic industies
will grow with 2 digit growth rate.
• EASY AVAILABILTY OF FUNDS
If you have the workable idea, then it is easier to raise the fund from the market and to take
funding and incentives from the governoment.
• EASY ACCESSABILITY TO IPR
Among the vaious incentioves, the startups are given an opportunity to register the IPRs at a
faster and cheaper rates.
12. Did you know ?
Cygni Energy Private Limited, Hyderabad was the first
company to be recognised by the government as start
up on their first meeting on May 16, 2016.
As on September 01, 2016- 302 entities have been
recognised as start ups.
New class of Industries introduced- White Industries,
will not require environmental clearance.
Norms have been relaxed for public procurement by small
industries.
A 'fund of funds' of INR 10,000 crores for Startups has been
established which shall be managed by SIDBI
13. What are you waiting for ?
STAND UP
START UP
LETS RISE TOGETHER
14. For any Query
CS Mohit Singh Kharayat
ACS, LLB, B. Com
Contact No.: +91-8447879875; 9557836496
Mail: pcs.mohitsingh@gmail.com
pcs.mohitsingh@outlook.com
Facebook Page: @mskcofficial
YouTube: CS Mohit Singh Kharyat
Office: MB-163, Near Aggarwal Bhawan,
Nirman Vihar,
New Delhi- 110 092
Thank You