5 Government schemes for startups in india

Startup India Initiative

Launched in 2016, this flagship initiative aims to build a strong ecosystem for nurturing innovation and startups in India. It provides various benefits such as tax exemptions, self-certification compliance, and easier access to funding through the Startup India Seed Fund Scheme.

Pradhan Mantri Mudra Yojana (PMMY)

PMMY was launched to provide funding to non-corporate, non-farm small/micro enterprises. It offers loans up to different categories (Shishu, Kishor, and Tarun) depending on the stage of growth of the business, without the need for collaterals.

Stand-Up India Scheme

This scheme is aimed at promoting entrepreneurship among women, SCs (Scheduled Castes), and STs (Scheduled Tribes) by facilitating loans from Rs. 10 lakh to Rs. 1 crore to at least one woman entrepreneur and one entrepreneur from SC/ST category per bank branch.

Atal Innovation Mission (AIM)

AIM aims to promote a culture of innovation and entrepreneurship among students, through various initiatives like Atal Tinkering Labs (ATLs) in schools, Atal Incubation Centers (AICs), and Atal New India Challenges (ANICs) which provide support and funding to startups.

Invest India

Invest India is the National Investment Promotion and Facilitation Agency that provides comprehensive support to startups through Startup India Hub. It offers information on policies, regulatory framework, and connects startups with various stakeholders including investors, incubators, and mentors.