Keen Learner and Exp... • 9m
How many of these government schemes to support the startup ecosystem are you aware of? 1. Startup India Initiative (SII) [2016] - This scheme offers three years tax holiday and reduced regulatory burden along with access to a Fund of Funds worth ₹10,000 crore managed by SIDBI 2. Fund of Funds for Startups (FFS) [2016] - under this the government set up a corpus of ₹10,000 crore, which is distributed through VC firms to eligible startups 3. Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) - this scheme focuses on Startups and MSMEs that are in their initial stage 4. Startup India Seed Fund Scheme (SISFS) - The government allocated a total of ₹945 crore under this scheme to be disbursed over four years, starting from 2021 5. North East Startup Initiative - The primary goal of this initiative is to promote entrepreneurship and innovation in the eight North-Eastern states these are the major schemes along with several other schemes to for startups Thank you
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💰 In 2023, over 1,500 Indian startups were funded through government schemes like the Startup India early stage Seed Fund Scheme (SISFS), which allocated ₹950 crore, and the Credit Guarantee Scheme for Startups (CGSS) By BJP Government and interesti
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Modi government startup FAKERY - Congress president Mallikarjun Kharge targeted the Modi government for providing the Indian startups with"almost negligible support, which he called a "STARTUP OF FAKERY." - Barely1.58% of the accredited startups
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India Launches ₹1,000 Crore Fund for Space Startups🚀🌝 The Indian government has introduced a ₹1,000 crore funding scheme to boost innovation and private participation in the space sector. This initiative aims to support startups developing satelli
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Reality of startup india scheme Core Features of the Startup India Initiative according to the Government of India: Ease of Doing Business: Simplified compliance, self-certification, and single-window clearances streamline processes for startups.
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