Table of Contents

Atal Innovation Mission (AIM)...............................................................................................................3

Startup India Seed Fund Scheme...........................................................................................................3
Startup India Initiative...........................................................................................................................3
Aatmanirbhar Bharat App Innovation Challenge...................................................................................3
eBiz Portal..............................................................................................................................................3
MUDRA Banks........................................................................................................................................4
Credit Guarantee Fund Trust for Micro and Small Enterprises..............................................................4
What is the Startup India Initiative?..................................................................................................5
MINISTRY OF SCIENCE & TECHNOLOGY SCHEMES.............................................................................7
Nodal Ministry/Department:.............................................................................................................7
NewGen Innovation and Entrepreneurship Development Centre.....................................................7
Financial Assistance to Professional Bodies & Seminars/ Symposia..................................................8
Extra Mural Research Funding...........................................................................................................8
Atal Innovation Mission (AIM)
In 2016, NITI Aayog launched this Startup India Scheme, Atal Innovation Mission. The organization
has established this scheme to foster innovation by creating new programs and policies to support
development in several economic areas. It provides a forum for the cooperation of many players in
the entrepreneurial sector.

Under this scheme, AIM grants approx ₹10 Crores financing to the chosen firms over five years.
Emerging organizations in health, agriculture, transportation, education, etc., can apply for this
scheme.

Startup India Seed Fund Scheme

The government of India introduced the Startup India Seed Fund Scheme in January 2021, hoping to
support relatively early-stage enterprises. With a total budget of ₹945 Crores, it would finance 3600
businesses and 300 incubators.
The chosen entrepreneurs will receive up to ₹5 Crores in funding. Startups will get grants of up to
₹20 Lakhs for developing concepts or demonstrations and up to ₹50 Lakhs for growing their goods or
services.

Startup India Initiative

As of June 2021, over 50,000 firms have been recognized via this plan, which provides tax benefits to
entrepreneurs for a little more than five years. Additionally, it created 5.5L jobs too.

Within this scheme, the maximum age for most eligible startups is now 7 years & for biotechnology
companies is 10 years from the date of establishment. Its numerous benefits make it among the
most incredible government-sponsored Startup India Scheme for business owners.

Aatmanirbhar Bharat App Innovation Challenge

Introduced in July 2020, it encouraged Indian startups to collaborate and create solutions made in
India — for the benefit of those in the country and worldwide. It also urged tech and startup firms to
produce cutting-edge mobile applications for a big cash prize.

Apps like Chingari (TikTok equivalent), YourQuote (a writing app), and Koo (Twitter equivalent), were
crowned first (₹20L), second (₹15L) & third (₹10L) respectively.

eBiz Portal
eBiz is the first online forum for government-to-business collaboration (G2B). Created by Infosys, this
helped modernise the nation and serves as a focal point for communication for all business investors
and entrepreneurs in India. This platform has introduced 29 services in five separate Indian states:
New Delhi, Tamil Nadu, Andhra Pradesh, Haryana, and Maharashtra. Gradually, the government
intends to expand the scheme's services over time.

Software Technology Park (STP)

The Software Technology Park (STP) is a system that is 100% export-oriented to increase and export
computer software and technical services via physical media or communications infrastructure.
Focusing on one business or product, notably computer software, makes the course material
distinctive. The initiative of the government's program includes the idea of Export Processing Zones
(EPZ) and the suggestion of Science Parks or Technology Parks, which are currently in use worldwide.

Dairy Processing and Infrastructure Development Fund (DIDF)

It helps dairy cooperatives maintain their competitive edge for the long-term benefit of farmers. The
government announced the creation of the Dairy Processing and Infrastructure Development Fund
with a total system expenditure of ₹11,184 Crores.

Milk-producing businesses, multi-state milk cooperatives, state dairy federations, NDDB subsidiaries,
and so on are eligible for this scheme.

MUDRA Banks
The Micro Units Development Refinance Agency (MUDRA) enhances loan availability and promotes
small business growth in rural regions. The primary goal: Assist small Indian businesses that desire to
grow. The MUDRA banks offered loans for small businesses that aren't farms, microenterprises, or
corporations in the amount of up to ₹10 Lakhs. The loan categories are called Tarun, Shishu, and
Kishor.
Credit Guarantee Fund Trust for Micro and Small Enterprises
The CGTMSE Startup India Scheme offers zero-collateral business loans to MSME firms, amongst
other loans. The goal is to allow businesses to acquire loans at heavily discounted interest rates
without requiring collateral. To promote new enterprises and revitalise existing ones, the
government has planned to work in conjunction with the SIDBI (Small Industries Development Bank
of India) to grant a maximum sum of ₹100 Lakhs.

Multiplier Grants Scheme (MGS)

The Multiplier Grants Scheme (MGS), developed by the Department of Electronics and Information
Technology, encourages research and development (R&D) partnerships between academics or
institutions and the tech industry. The goal? MGS promotes and stimulates the development of
indigenous products and services. Under this scheme, the government may give up to ₹2
Crore financing to each project, and each project's term is expected to be fewer than two years. The
cost for industrial organisations will be ₹4 Crore over three years.

Conclusion

Startup India, a government initiative, serves as a vital catalyst for fostering the growth of the
startup culture and building an inclusive ecosystem for innovation and entrepreneurship in India.
With various schemes and financial assistance provided to aspiring entrepreneurs, it aims to
generate wealth and increase job opportunities within the Indian economy.

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%20in%202016%2C%20Startup%20India,potential%20business%20owners%20and
%20organisations.

What is the Startup India Initiative?

Launched on 16th January 2016, the Startup India Initiative has rolled out several programs
with the objective of supporting entrepreneurs, building a robust startup ecosystem, and
transforming India into a country of job creators instead of job seekers. These programs are
managed by a dedicated Startup India Team, which reports to the Department for Industrial
Policy and Promotion (DPIIT).

Startup India is a flagship initiative of the Government of India, intended to build a strong eco-
system for nurturing innovation and Startups in the country that will drive sustainable economic
growth and generate large-scale employment opportunities. The Government through this initiative
aims to empower Startups to grow through innovation and design. In order to meet the objectives of
the initiative, the Government of India is announcing this Action Plan that addresses all aspects of
the Startup ecosystem. With this Action Plan the Government hopes to accelerate 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 and tier 3 cities including semi-urban and rural areas.

The Action Plan is divided into the following areas:

• Simplification and Handholding

• Funding Support and Incentives

• Industry-Academia Partnership and Incubation

MINISTRY OF SCIENCE & TECHNOLOGY SCHEMES
Nodal Ministry/Department: High Risk - High Reward Research

Ministry of Science & Technology , Science and Engineering Research Board (SERB)

Key Sectors Covered:- Science and Technology

Promoting Innovations in Individuals, Startups and MSMEs (PRISM)

Nodal Ministry/Department:
Ministry of Science & Technology , Department of Scientific and Industrial Research
Key Sector Covered:- Science and Technology

NewGen Innovation and Entrepreneurship Development Centre

Nodal Ministry/Department:

Ministry of Science & Technology

Key Sector Covered:- Science and Technology

4Biotechnology Ignition Grant

Nodal Ministry/Department:

Ministry of Science & Technology , Biotechnology Industry Research Assistance Council (BIRAC)

Key Sector Covered: Science and Technology

Small Business Innovation Research Initiative (SBIRI)

Nodal Ministry/Department:

Ministry of Science & Technology , Biotechnology Industry Research Assistance Council (BIRAC).

Key Sector Covered Science and Technology

Financial Assistance to Professional Bodies & Seminars/ Symposia

Nodal Ministry/Department:

Ministry of Science & Technology , NSERB INDIA

Key Sector Covered: Science and Technology

Extra Mural Research Funding

Nodal Ministry/Department:

Ministry of Science & Technology , NSERB INDIA

Key Sector Covered Science and Technology

Technology Development Programme

Nodal Ministry/Department:

Ministry of Science & Technology , Department of Science and Technology

Key Sector Covered: Science and Technology

Drugs and Pharmaceutical Research

Nodal Ministry/Department:

Ministry of Science & Technology , Department of Science and Technology

Key Sector Covered: Pharmaceutical

Biotechnology Industry Partnership Program (BIPP)

Nodal Ministry/Department:

Ministry of Science & Technology , Biotechnology Industry Research Assistance Council (BIRAC)

Key Sector Covered: Biotechnology

MINISTRY OF ELECTRONICS AND INFORMATION TECHNOLOGY SCHEMES

Scheme to Support IPR Awareness Workshop/Seminars in E&IT Sector

Nodal Ministry/Department:

Ministry of Electronics and Information Technology

Key Sectors Covered: IT Sector

Support for International Patent Protection in Electronics Information Technology (SIP-EIT)

Nodal Ministry/Department:

Ministry of Electronics and Information Technology

Key Sectors Covered: Science and Technology

MINISTRY OF FINANCE

Sustainable Finance Scheme

Nodal Ministry/Department:

Ministry of Finance

Key Sectors Covered: Energy

4E (End to End Energy Efficiency)

Nodal Ministry/Department:

Ministry of Finance, SIDBI

Key Sectors Covered: Energy

MINISTRY OF FOOD PROCESSING INDUSTRIES SCHEMES

Research & Development in Processed Food

Nodal Ministry/Department:

Ministry of Food Processing Industrie

Key Sectors Covered: Food

Agro Processing Cluster Scheme

Nodal Ministry/Department:

Ministry of Finance, SIDBIMinistry of Food Processing Industries

Key Sectors Covered: Food

MINISTRY OF HEAVY INDUSTRIES SCHEMES

Enhancement of Competitiveness in the Indian Capital goods Sector

Nodal Ministry/Department:

Ministry of Heavy Industries

Key Sectors Covered: Technology

MINISTRY OF HOUSING AND URBAN AFFAIRS SCHEMES

National Urban Livelihoods Mission

Nodal Ministry/Department:

Ministry of Housing and Urban Affairs

Key Sectors Covered: Employment

MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES SCHEMES

Raw Material Assistance Scheme

Nodal Ministry/Department:

Ministry of Micro, Small and Medium Enterprises, NSIC

Key Sectors Covered: Raw Material

Aspire - A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship

Nodal Ministry/Department:

Ministry of Micro, Small and Medium Enterprises

Key Sectors Covered: Innovation, Rural Industries & Entrepreneurship

Entrepreneurial and Managerial Development of SMEs through Incubators

Nodal Ministry/Department:

Ministry of Micro, Small and Medium Enterprises

Key Sectors Covered: Technology

Science and Technology (S&T) for Coir Institutions

Nodal Ministry/Department:

Ministry of Micro, Small and Medium Enterprises

Key Sectors Covered: Coir industry

Trade Related Entrepreneurship Assistance and Development (TREAD) Scheme for Women

Nodal Ministry/Department:

Ministry of Micro, Small and Medium Enterprises

Key Sectors Covered: Trade

MINISTRY OF NEW AND RENEWABLE ENERGY SOURCES SCHEMESS

Research, Design, Development, Demonstration (RDD&D) and Manufacture of New and

Renewable Energy

Nodal Ministry/Department:

Ministry of New and Renewable Energy Sources

Key Sectors Covered: Energy

MINISTRY OF TEXTILES SCHEMES

Research and Development

Nodal Ministry/Department:

Ministry of Textile

Key Sectors Covered: Textiles

MINISTRY OF AGRICULTURE SCHEMES

Venture Capital Assistance Scheme

Nodal Ministry/Department:

Ministry of Agriculture, SFAC

Key Sectors Covered: Agriculture

MINISTRY OF COMMERCE AND INDUSTRY SCHEMES

Duty Exemption and Remission Scheme

Nodal Ministry/Department:

Ministry of Commerce & Industry

Key Sectors Covered: Export

Participation in International Fairs and Exhibitions with Tea Board

Nodal Ministry/Department:

Ministry of Commerce & Industry, Tea Board of India

Key Sectors Covered: Export

MINISTRY OF DEFENCE SCHEMES

Technology Development Fund

Nodal Ministry/Department:

Ministry of Defence, DRDO

Key Sectors Covered: Defences

MINISTRY OF DEVELOPMENT OF NORTHEASTERN REGION SCHEMES

Working Capital Term Loan (WCTL) for Contract Finance

Nodal Ministry/Department:

Ministry of Development of North-eastern Region

Key Sectors Covered:

Initiative for Development of Entrepreneurs in Agriculture (IDEA)

Nodal Ministry/Department:

Ministry of Development of Northeastern Region

Key Sectors Covered: Agriculture

Equipment Finance (Northeastern Development Finance Corporation Ltd Schemes)

Nodal Ministry/Department:

Ministry of Development of Northeastern Region

Key Sectors Covered:

Women Enterprise Development (WED)

Nodal Ministry/Department:

Ministry of Development of north-eastern Region

Key Sectors Covered: NA

NEDFi Opportunity Scheme for Small Enterprises (NoSSE)

Nodal Ministry/Department:

Ministry of Development of north-eastern Region NEDFL

Key Sectors Covered: Sector Agnostic

Micro Finance (NEDFL Scheme)

Nodal Ministry/Department:

Ministry of Development of north-eastern Region, NEDFL

Key Sectors Covered: Sector Agnostic

Equity Fund Scheme (NEDFi)

Nodal Ministry/Department:

Ministry of Development of north-eastern Region, NEDFL

Key Sectors Covered: Sector Agnostic

Rupee Term Loan (RTL)

Nodal Ministry/Department:

Ministry of Development of north-eastern Region, NEDFL

Key Sectors Covered:

CENTRAL PUBLIC SECTOR UNDERTAKING SCHEMES

Venture Capital by SIDBI Venture Capital Ltd. (SVLC)

Nodal Ministry/Department:

Public Sector Enterprise, SIDBI

Key Sectors Covered: Finance

Samridhi Fund

Nodal Ministry/Department:

Public Sector Enterprise, SIDBI

Key Sectors Covered: Science and Social Enterprises

Pradhan Mantri Mudra Yojana

Nodal Ministry/Department:

Public Sector Enterprise

Key Sectors Covered: Non-Farm, Non-Corporate

Stand-Up India

Nodal Ministry/Department:

Public Sector Enterprise

Key Sectors Covered: Sector Agnostic Eligibility

Self Employment and Talent Utilisation (SETU) Scheme

Nodal Ministry/Department:

Niti Aayog

Key Sectors Covered: Technology

The Women Entrepreneurship Platform (WEP)

Nodal Ministry/Department:

Niti Aayog

Key Sectors Covered: Sector Agnostic

What is Startup India?

The Startup India initiative of the Government of India envisages building a robust Start-up
ecosystem in the country for nurturing innovation and providing opportunities to budding
entrepreneurs.

An Action Plan with 19 action points for the Startup India initiative was unveiled by the Hon’ble
Prime Minister on January 16, 2016.

This Action Plan laid down a roadmap for the creation of a conducive ecosystem for Startups in India.
Subsequently, many activities have been undertaken to encourage Startups. Startup India Seed Fund
Scheme (SISFS) is one such scheme which/that provides provides financial assistance to early-stage
startups.

What is Startup India Seed Fund Scheme?

Easy availability of capital is essential for entrepreneurs at the early stages of growth of an
enterprise.

Funding from angel investors and venture capital firms becomes available to startups only after the
proof of concept has been provided. Similarly, banks provide loans only to asset-backed applicants.
It is essential to provide seed funding to startups with an innovative idea to conduct proof of
concept trials.

DPIIT has created Startup India Seed Fund Scheme (SISFS) with an outlay of INR 945 Crore to provide
financial assistance to startups for Proof of Concept, prototype development, product trials, market
entry, and commercialization.It will support an estimated 3,600 entrepreneurs through 300
incubators in the next 4 years.

The Hon’ble Prime Minister of India announced the scheme in his Grand Plenary address of
Prarambh: Startup India International Summit on 16th January 2021. After approval of EFC and
Hon’ble Finance Minister, the scheme has been notified on 21.01.2021.

The Seed Fund will be disbursed to eligible startups through eligible incubators across India.

Objectives of SISFS

The Indian startup ecosystem suffers from capital inadequacy in the seed and ‘Proof of Concept’
development stage.

The capital required at this stage often presents a make or break situation for startups with good
business ideas.

Many innovative business ideas fail to take off due to the absence of this critical capital required at
an early stage for proof of concept, prototype development, product trials, market entry and
commercialization.

Seed Fund offered to such promising cases can have a multiplier effect in validation of business ideas
of many startups, leading to employment generation.