TOPIC: Startup India Scheme

TOPIC : Startup India Scheme. ​.

Introduction. The startup India Scheme is a flagship initiated by the government of India with an objective to carve a strong ecosystem for nurturing innovation and startups in the country. This drive will lead towards sustainable economic growth and generate large-scale employment opportunities. The government of India aims to empower startups to grow through innovations and designs..

FEATURES OF THE SCHEME. The following features make the scheme a stand-out factor: New-entrants are granted a tax-holiday for three years. The government has provided a fund of Rs.2500 crore for startups, as well as a credit guarantee fund of Rs.500 crore rupees..

BENEFITS OF STARTUP INDIA SCHEME. Financial Benefits Income Tax Benefits Registration Benefits Government Tenders Huge Networking Opportunities.

WAYS TO FUND STARTUP. BOOT STRAPPING: Commonly known as self financing, it is considered as the first funding option because by stretching out your personal savings and resources. CROWDFUNDING : It is the pooling of resources by a group of people for a common goal. These platforms help startups or small businesses to meet their funding requirements. ANGEL INVESTMENT: Angel investors are individuals with surplus cash who have keen interest to invest in upcoming startups. VENTURE CAPITAL: There are professionally managed funds which are invested in companies that have huge potential..

ELIGIBILITY FOR REGISTERATION UNDER STARTUP INDIA SCHEME.

CHALLENGES FACED BY STARTUP INDIA. 1. People generally believe startups are just about thinking about a new idea or plan. But in reality, execution of such plan is more necessary than just thinking about it. 2. The view or perspective of the government on startup India plan is quite short-term in nature. It does not look at the long-term path of the startups. 3. For the success of any new business, competent workforce is necessary. But in case of startups, skilled workforce is not possible due to the lack of funds at the initial phase. 4. The risk of reaching failure is greater in the startups as compared to other organizations. It is because they tend to take steps quite fast..

Thank you. NAME: Ayushi Gandotra CLASS: 11thD SUBJECT: Business studies.