Startup India Portal and Mobile App Launched
The Department of Industrial Policy and Promotion (DIPP) has launched the Startup India portal (http://startupindia.gov.in) and mobile application through which start-ups can gather all latest updates on various notifications, circulars issued by various departments and different funding agencies.
The key features of the portal and app are :
♦ Information Availability: Application for Startup Recognition: The portal and mobile app provide up-to- date information on various notification issued by various Government ministries. The will also 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 and will work in a hub and spoke model with Governments, Angel Funds, VCs, Incubators, Mentors, etc. It will assist Startups through their lifecycle, on all aspects, such as providing mentorship, incubator facilities, IPR support, funding etc.
♦ Real Time Startup Recognition: A real time recognition certificate is 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.
♦ Verification of Recognition Certificate: The certificate of recognition is verifiable through the portal and mobile app by entering the Startup Recognition/ Certificate Number.
♦ Approval of Inter-Ministerial Board: 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.
Background : The “Startup India” initiative was launched by the Prime Minister Narendra Modi on January 16, 2016 at Vigyan Bhavan, New Delhi. As part of the event, a Startup India Action Plan was released. The Action Plan highlights initiatives envisaged by the Government to develop a conducive Startup ecosystem in the country.