Startup India Action Plan Scheme Details and Eligibility
Many citizens from our country are anxiously searching for the details regarding Startup India Action Plan Govt. Scheme about which the announcement was made by the Prime Minister of India Sh. Narendra Modi. So in this complete article we will provide you the full complete details on India Startup Action Plan Scheme and the eligibility and conditions of this government scheme. Many entrepreneurs from our country doing various type of business are excited by the declaration made by Prime Minister Narendra Modi as part of the Startup India Action Plan. Here we will provide you the complete analysis of the eligibility conditions and documents and forms to become a part of this scheme.
The declaration about this plan was made in January 2016. This scheme created an environment for building a strong environment for nurturing innovation and Startups in the country that will generate an economic growth and generate large scale employment opportunities. The Government of India through this initiative scheme aims to empower Startups to grow through innovation and design.
Startup India Action Plan Scheme Eligibility and Details
With this scheme the Govt. of India hopes to speed up spreading of the Startup movement:
• From digital/ technology sector to a wide array of sectors including agriculture, manufacturing, social sector, healthcare, education, etc. and
• From existing tier 1 cities to tier 2 & 3 cities including semi-urban and rural areas.
The Action Plan is divided into following:
• Simplification and Handholding
• Funding Support and Incentives
• Industry-Academia Partnership and Incubation
Eligibility Criteria Main Highlights
The product or service must be a new one or a considerably improved version of existing services or products.
New startup occupied in the same field may not be considered eligible unless its product or service is significantly improved than what existing services.
Startup should get a recommendation letter from the recognized govt. authority or must be funded by recognized funds.
According to the observation, nearly 60% of existing startups could be rendered ineligible for the Startup India Action plan.
Documents Application Form Download for Startup India Action Plan
From the official download link mentioned below, you can download the full complete PDF containing all the details regarding the Startup India Action Plan and people can resolve their all queries and questions from that PDF book.
Download India Startup Action Plan PDF Book