Govt Launches Portal and Mobile App For Startups

Digital India

Govt Launches Portal and Mobile App For Startups

The Department of Industrial Policy and Promotion (DIPP) on Thursday launched an online portal, with a mobile application, dedicated to startups, as part of its ‘Startup India’ initiative.

Apart from providing up-to- date information on various notifications/ circulars issued by various government ministries/ departments, the portal and mobile app will also provide information regarding incubators and funding agencies recognized for the purpose of recommending startups, said Secretary, DIPP, Ramesh Abhishek.

DIPP has also released a FAQs list, which defines what a ‘startup’ is and companies that fulfill the criteria are also eligible to avail tax benefits.

A single page application form has been made available on both the portal and the mobile, along with the formats of the recommendation/ support letters that need to be attached as part of the form.

Abhishek said that a real-time recognition certificate is provided to startups on completion of the application process and a request for a certificate of eligibility for tax benefits from Inter-ministerial Board will be made simultaneously by selection of a simple option.

Also, the site will feature the Startup India Hub, established within Invest India, which will be a single point of contact for the ecosystem, which would enable exchange of knowledge. “This will work in a hub and spoke model with governments, VCs, angel funds, incubators, mentors. It will assist start-ups through their lifecycle, on all aspects, such as providing mentorship, incubator facilities, IPR support, funding,” he said.

The Startup India portal can be accessed here: http://startupindia.gov.in.

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