[New Delhi] Govt Recognises Only 8,625 Startups
As per the data available with Startup India, a total of 8,625 Start-ups have been recognised as on 30 March, 2018.
2711 start-ups where incorporated in 2017-18. This information was given by Minister of State of Commerce & Industry, Shri C. R Chaudhary in a written reply in the Rajya Sabha today.
The Minister said that the ‘State Startup Ranking Framework’ is spread across 7 areas of interventions with a total of 38 action points and overall score of 100 marks.
The areas of interventions include
Startup policy and implementation,
incubation support,
seed funding support,
venture funding support,
simplified regulations,
ease of public procurement and
awareness and outreach.
Tag: Startup India
Govt Recognises Only 8,625 Startups
Jaitley Blessed Startup School In Lovely Professional University at Phagwara
[PhagwaraPunjab]Jaitley Blessed Startup School at Lovely Professional University
Union Finance Minister Arun Jaitley On sunday inaugurated Startup School at Lovely Professional University’s (LPU) Chaheru campus
Addressing the students, he said, “I wish to see many upfront entrepreneurs from LPU.”
The US, Japan, Taiwan, South Korea have advanced in technology and research and have grown rapidly by targeting global market,
The Union minister also inaugurated a three-day International Day of Peace event at the university.
Punjab Governor V P Singh Badnore, who presided over the event asked the students to be innovative in their approach
Before the programme, a two-minute silence was observed to pay homage to the soldiers killed early this morning in a terrorist attack in Uri town of Jammu and Kashmir
Govt Recognizes 223 Starters Only For Rs 10K Cr Funded Startup India Programme
[New Delhi]Govt Recognizes 223 Starters Only For Rs 10K Cr Funded Startup India Programme
223 Out Of 793 Starters Only Recognized For Rs 10000 Cr Under Startup India Programme
793 startups have applied for recognition so far under the ‘Startup India’ programme.
223 startups have been recognized by the Government so far. A ‘Fund of Funds’ (FFS) of INR 10,000 crores for Startups has been established which is being managed by SIDBI. The fund will invest in SEBI registered Alternative Investment Funds (AIFs) which, in turn, will invest in Startups. Till date, SIDBI has sanctioned an amount of Rs.168 crore towards the corpus of 6 AIFs under FFS.
These AIFs shall invest in startups across sectors and States.
At present Govt has no such state-wise, information to share
This information was given by the Commerce and Industry Minister Smt. Nirmala Sitharaman in a written reply in Rajya Sabha today.
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