Thursday, 4 February 2016

19 action points of start up-Highlights of the Plan-
Compliance Regime based on Self-certification
Startup India Hub – A single point of contact for the entire startup ecosystem
Rolling out of a Mobile App & Portal – Starting a Startup in 1 day on a Mobile App
Fast track mechanism of Startup patent applications
Relaxed Norms of Public Procurement for Startups
Faster Exit for Startups
Rs 10,000 crore Fund of Funds for funding support
Credit Guarantee Fund for Startups
Tax Exemption on Capital Gains
Tax Exemption to Startups for 3 Years (for startups registering after April 1, 2016)
Tax Exemption on Investment above Fair Market Value
Organising Startup Fests for Showcasing Innovation and Providing a Collaboration Platform
Launch of Atal Innovation Mission (AIM) with Self-Employment and Talent Utilisation (SETU) Program
Harnessing Private Sector Expertise for Incubator Setup
Building Innovation Centres at National Institutes
Setting up of 7 New Research Parks Modeled on the Research Park Setup at IIT Madras
Promoting Startups in the Biotechnology Sector
Launching Innovation Focused Programs for Students
Annual Incubator Grand Challenge

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