STARTUP India AND WAYS TO FUND STARTUPS AND IPR

STARTUP India AND WAYS TO FUND STARTUPS AND IPR.

Meaning of Start up. Startup India is a flagship initiative of the Government of India, intended to build a strong eco-system and Startups in the country that will drive sustainable economic growth .The Government through this initiative aims to empower Startups to grow through innovation and design ..

START UP INDIA SCHEME. Startup India is an initiative of Government of India announced by prime minister on 15 August 2015 .It is an business entrepreneurship in the form of private ,limited and sole proprietorship registered in India which is less than 5 years ago and it does not include companies that are splitted up or constructive and its turnover should not exceed 25 crore for its eligibility in startup India scheme..

WAYS TO FUND STARTUPS. ANGEL INVESTMENTS Angel investors are people with surplus cash having a keen interest to invest in startups. For example, Google ,Yahoo, Alibaba. Usually, occurs in company's early stages. Prefer to take risk for higher returns..

BANK LOAN Banks in India offer finance through various programs to entrepreneurs. For example, SBI, HDFC, ICICI bank have 7-8 options offering collateral free loans ..

CROWDFUNDING Crowdfunding is the practice of funding a project by raising small amounts of money from a large number of people. One of the newer and popular ways of funding a startup . Taking a loan from more than one person at a time and using it for a new startup..

SELF FINANCING To start any Business, self funding is a option to attract investors ..

GOVERNMENT OFFERS The government of India has launched 10,000 crore funds. Further Government has also launched- Central Government Schemes-SIDBI, PM micro unit development and refinance agency, Bank of ideas and innovative programs. State Government Schemes-Rajasthan Startup fest, KSSEDM program..

Intellectual Property Right. Intellectual Property right (IPR) allows innovative entrepreneurs to protect their inventions. Intellectual Property(IP) can be critical in helping new venture. IP can be categorized into two- Industrial and Copyright..

Industrial right- Patents, trademarks etc. Patents-Patents protect processes methods and inventions that are ‘novel’ and ‘useful’. Trademarks-A trademark is like a brand name, it is any word or symbol that represents any product. E.g.- Nike Copyrights-It gives holder the exclusive right to copy the work and modify it..

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