DPIIT wants one-third beneficiaries of Startup India are women; to hold interactions of entrepreneurs with VC funds, banks
5 years, 7 months ago

DPIIT wants one-third beneficiaries of Startup India are women; to hold interactions of entrepreneurs with VC funds, banks

Firstpost  

New Delhi: The Department for Promotion of Industry and Internal Trade will take steps to ensure that at least one-third of the beneficiaries of Startup India programme are women, a top government official said on Thursday. The department’s secretary, Ramesh Abhishek, said that they would organise interactions of women entrepreneurs with venture capital funds and banks to ease access to equity and debt. The department, which is implementing the Startup India programme, has announced specific decisions, such as earmarking Rs 1,000 crore out of fund of funds for women-led/centric startups, to support entrepreneurship among women. The Startup India is the flagship initiative of the government, launched in January 2016, intended to build a strong ecosystem for the growth of start-up businesses, to drive sustainable economic growth and generate employment opportunities.

India Women Startup Startup India  women  programme  incentives  onethird  funds  interactions  vc  tax  startup  hold  entrepreneurs  growth  department  startups  india  wants

History of this topic

DPIIT encourages large companies to collaborate with startups for business growth
4 days, 19 hours ago

DPIIT encourages large companies to collaborate with startups for business growth

Live Mint  

New Delhi: In preparation for the second edition of the Union government’s Startup Mahakumbh 2025 event, the Department for Promotion of Industry and Internal Trade has urged large companies to collaborate with startups to address business challenges. “Large companies may already have a significant workload, and when facing challenges, rather than allocating more internal resources, they might prefer to collaborate …

DPIIT joins hands with Stride Ventures to help startups
1 week, 3 days ago

DPIIT joins hands with Stride Ventures to help startups

The Hindu  

The Department for Promotion of Industry and Internal Trade on Saturday said it has joined hands with venture debt firm Stride Ventures to support high growth potential startups in their funding requirements. Highlighting the macroeconomic impact of this collaboration, Joint Secretary in DPIIT Sanjiv said Stride Ventures will curate dedicated programmes and collaborate on engagements like the Bharat Grand Challenge …

Tamil Nadu achieves milestone with 10,000 DPIIT-registered startups
Trending News
3 weeks, 2 days ago

Tamil Nadu achieves milestone with 10,000 DPIIT-registered startups

Deccan Chronicle  

Chennai: Tamil Nadu has achieved a milestone by registering over 10,000 startups with the Department for Promotion of Industry and Internal Trade, under the Union Ministry of Commerce and Industry, the state government said on Sunday. StartupTN has played a crucial role in nurturing the ecosystem by implementing various schemes and initiatives like funding programmes, mentorship opportunities and incubation support, …

India marks 1.4 lakh registered startups, Maharashtra tops list followed by Karnataka, Delhi
5 months, 2 weeks ago

India marks 1.4 lakh registered startups, Maharashtra tops list followed by Karnataka, Delhi

New Indian Express  

NEW DELHI: The number of startups in India has increased to more than 1.4 lakh, highlighted Union Minister of State for Commerce and Industry, Jitin Prasada, in Rajya Sabha. He stated that the Government, to build a strong ecosystem for nurturing innovation, startups, and encouraging investments in the startup ecosystem of the country, launched the Startup India initiative on January …

India’s startup growth to pave way to developed nation by 2047: PM Modi
9 months, 3 weeks ago

India’s startup growth to pave way to developed nation by 2047: PM Modi

Live Mint  

India has emerged as the world's third-largest startup ecosystem, a development that Prime Minister Narendra Modi believes will chart the country's course towards becoming a developed nation by 2047. In the field of Intellectual Property Rights, India is moving towards becoming the leading country among the top countries.” The Startup Mahakumbh was organized in collaboration with various entities, including Assocham, …

Govt enhances target to help 30 mn women become ‘Lakhpati Didis’: Sitharaman
11 months, 2 weeks ago

Govt enhances target to help 30 mn women become ‘Lakhpati Didis’: Sitharaman

Hindustan Times  

NEW DELHI: Finance minister Nirmala Sitharaman on Thursday announced the government’s plan to raise the target for helping women associated with self-help groups become ‘Lakhpati Didi’ from the existing 20 million to 30 million. Union Finance Minister Nirmala Sitharaman and other officials outside the Finance Ministry ahead of the presentation of Interim Budget in New Delhi “Eighty-three lakh SHGs with …

National Startup Day: Visionaries speak on new ventures’ role in driving growth
11 months, 4 weeks ago

National Startup Day: Visionaries speak on new ventures’ role in driving growth

Live Mint  

National Startup Day: In recent years, Indian startups have experienced extraordinary growth, propelling the country to the position of the third-largest startup ecosystem globally. Celebrating National Startup Day on January 16, key figures in the startup ecosystem shared insights on the crucial role the new ventures played in shaping India's future. India recorded over 112,718 DPIIT-recognised startups spanning 763 districts …

‘Bengaluru start-up ecosystem has had trickle-down impact on rural Karnataka’s entrepreneurial aspirations’
1 year, 2 months ago

‘Bengaluru start-up ecosystem has had trickle-down impact on rural Karnataka’s entrepreneurial aspirations’

The Hindu  

India has been riding the start-up and entrepreneurship wave for a while now, however, the share of women entrepreneurs has been significantly low. NSRCEL, the incubation arm of IIM Bangalore, in collaboration with the Karnataka State Rural Livelihood Promotion Society, recently launched the Swavalambane program designed to scale and support women-owned non-farm businesses in rural Karnataka. Anand Sri Ganesh, CEO …

Starting your own business? These govt schemes can support your startup in India
1 year, 7 months ago

Starting your own business? These govt schemes can support your startup in India

Live Mint  

In this era of startups, India is leading the world as the country has created a robust ecosystem for businesses and entrepreneurs. List of schemes launched to help Indian startups 1) Multiplier Grant Scheme: The Department of Electronics and Information Technology initiated the Multiplier Grant Scheme to empower collaborative research and development among industries which helps to boost the growth …

Women start-ups, entrepreneurs on the rise in Kerala: Kerala Startup Mission report
1 year, 10 months ago

Women start-ups, entrepreneurs on the rise in Kerala: Kerala Startup Mission report

The Hindu  

There has been a significant increase in the number of women start-ups and entrepreneurs in Kerala spurred by various schemes and projects implemented by Kerala Startup Mission. According to a report released by KSUM on the eve of International Women’s Day, the number of women start-ups under KSUM has gone up to 233 in the first three months of 2023 …

Budget 2023 | Government extends support measures for start-ups
1 year, 11 months ago

Budget 2023 | Government extends support measures for start-ups

The Hindu  

Asserting the importance of entrepreneurship for the economic development of the country, Finance Minister Nirmala Sitharaman on Wednesday proposed to extend the period of incorporation for income tax benefits to eligible start-ups by one more year till March 31, 2024. India is now the third-largest ecosystem for start-ups globally and ranks second in innovation and quality among middle-income countries,” Ms. …

Budget 2023 Expectations: Foster tie-ups between government and stakeholders to support startups
1 year, 11 months ago

Budget 2023 Expectations: Foster tie-ups between government and stakeholders to support startups

Firstpost  

The Indian startup ecosystem has been witnessing an unprecedented boom in the last few years with new businesses emerging in a multitude of sectors. As a result, this year’s Union Budget 2023 is being closely watched by many startups, as they seek measures to support them in overcoming these difficult times. To ensure effective regulation of the rapidly developing startup …

Telangana Incubator, Dalit Bandhu Scheme Help SC Women Realise Entrepreneur Dream
2 years ago

Telangana Incubator, Dalit Bandhu Scheme Help SC Women Realise Entrepreneur Dream

News 18  

Neereti Mounika had just completed her intermediate when she got married. A beneficiary under the Telangana government’s Dalit Bandhu scheme and We-Hub’s support mechanism, Mounika is one of the many women from the marginalised sections, who is on her way to become an entrepreneur. “When I got to know about the Dalit Bandhu scheme, I made multiple visits to Huzurabad …

India witnesses a massive 15,400% rise in startups in last 6 years
2 years, 5 months ago

India witnesses a massive 15,400% rise in startups in last 6 years

Live Mint  

India registered a whopping rise of 15,400% in the number of startups that rose from from 471 in 2016 to 72,993 as on 30th June 2022. In a written reply to a question in the Rajya Sabha, Union Minster of State for Commerce and Industry Som Prakash stated that the Startup India initiative was launched in 2016 with the objective …

Forget about taxman, focus on business: CBDT to startups
5 years, 6 months ago

Forget about taxman, focus on business: CBDT to startups

Live Mint  

New Delhi: The country's startup community should not worry about taxmen and concentrate on their businesses as concerns related to 'angel tax' have been "sorted out", CBDT chief P.C. All "legacy issues" related to startups will be resolved through a consultative process and under the strict supervision of senior officers of the tax authority. Asked about the "administrative arrangements" that …

Startups get major boost in Budget 2019
5 years, 6 months ago

Startups get major boost in Budget 2019

Live Mint  

Bengaluru: In a major boost to thousands of startups in India, the Narendra Modi-led National Democratic Alliance government announced a host of incentives to "release the entrepreneurial spirit" in the words of India's first woman finance minister, Nirmala Sitharaman. These include a TV programme exclusively for startups, easing foreign direct investment rules into startup segments like grocery, e-commerce and food …

DPIIT proposes relaxation in income tax law to help startups raise funds; tax incentives for budding entrepreneurs on the cards
5 years, 8 months ago

DPIIT proposes relaxation in income tax law to help startups raise funds; tax incentives for budding entrepreneurs on the cards

Firstpost  

The document aims at facilitating setting up of 50,000 new startups in the country by 2024 and creating 20 lakh direct and indirect employment opportunities. New Delhi: With a view to facilitate fundraising by startups, the Department for Promotion of Industry and Internal Trade has proposed relaxation in the income tax laws pertaining to sale of residential properties and carrying …

Working with tax department, regulators to ease rules for startups: DIPP secretary Ramesh Abhishek
6 years, 2 months ago

Working with tax department, regulators to ease rules for startups: DIPP secretary Ramesh Abhishek

Firstpost  

“We are easing regulations for startups. We are also working with the tax department and regulators, and we have been able to simplify 24 regulations so far,” DIPP Secretary Ramesh Abhishek said New Delhi: The Department of Industrial Policy and Promotion is working with the tax department and regulators to ease the rules and laws for startups to support budding …

Discover Related