Start-Up India Yojana: To give a new direction to startups in India, the Government of India has launched Startup India. Through this, youth are being encouraged to start up. Actually, the Government of India launched this effort to encourage entrepreneurs in the community. In this, tax exemption, regulation exemption and financial assistance is available on starting a start up.
Through this, startups can be made very easy. So people will be attracted towards giving employment instead of looking for employment. Along with this the start up journey can be made easy through the scheme. If you are also associated with a start up, then you will get all the information about Startup India in this article. Through which you will get the benefit of Start Up India. Follow the below process for fast loan approval.
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Table of Contents
Overview of Start-Up India Yojana
| Article Name | Collateral Free Loan Funding by Govt |
| Yojana Name | Start-Up India Yojana 2024 |
| Launched By | Govt of India |
| Beneficiary | Providing Loans For Business |
| Benefit | Get Loan Up to Rs. 10 Lacs |
| Toll Free No. | 181-800-115-565 |
| Official Portal | Click Here |
What is Start-Up India Yojana?
Startup India Yojana is a initiative by Government of India in the entrepreneurship sector. Through which government provides benefits like loan exemption, regulatory exemption and financial support to startups. Actually government is promoting startups to meet the growing youth population. So that infrastructure can be created for startups. Along with this government is also promoting innovative ideas through startups.
Startup India has also given employment to youth. Because a startup generates many jobs so employment has increased with startups. Apart from this the objective of Startup India scheme is to invest in startup by reducing the burden. So that startup journey can be simplified.
Purpose of Start-Up India Scheme?
The aim of Startup India is to promote startups in the country. For this the government also provides financial help to startups. Not only this but the government has also given loan facility to start a startup. So that a startup can be started without any financial crisis.
Also let’s tell you that the government wants to achieve the goal of employment through startups. Because startup is the way to reduce unemployment. Apart from this the country’s economy will also grow when a startup will start.
Benefits of Start-Up India Yojana
- Any startup can take loan for 10 years. No income tax will be payable for 3 years. This is a big help for the startup.
- Along with this compliance is obtained for various labour and environmental norms for the startup which is under regulatory exemption. So the startup and the person can focus on the business activities.
- Along with this IPR registration is provided so that the startup scheme can be protected. For which patent, trademark and design filing processes are provided. Along with this government subsidy is also given.
- Through Startup India program government purchases are exempted, along with this startups get a platform to showcase their solutions.
- Besides this Seed Fund Scheme is also included in Startup India scheme. Through which if a startup buys seeds then it is given Rs 10 lakh.
Eligibility Criteria For Start-up India Yojana
- To register for the Startup India scheme, first go to its official website.
- On the home page of this website, you will find the option of application form for registration.
- On clicking this option, the registration application form will open.
- The applicant must carefully fill out this registration application form with the requested details.
- Along with this, upload the necessary documents online.
- Remember that uploading the board resolution paper and registration certificate is required.
- After this, on proceeding with the process, complete the registration process by depositing the nominal registration fee.
- However, for your information, let us tell you that the registration is free from the beginning.
Document Requirement
- Aadhar Card
- Patent
- Trademark
- Design
- Company Registration File
- Mobile Number
Application Process For Start-Up India Yojana
- To apply for Startup India scheme, first visit its website.
- On the homepage of this website you will find application form for registration.
- Click on this option and registration application form will open.
- Fill the information asked in this registration application form carefully.
- Upload the documents online.
- Remember it is compulsory to upload registration certificate and board resolution document.
- After this proceed and complete the registration by paying the nominal registration fee.
- However, for your information, let us tell you that the registration is free from the beginning.
