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Last updated: 07 Feb, 2018  

startup.thmb.jpg New Startup India framework launched

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SME Times News Bureau | 07 Feb, 2018

The government on Tuesday launched three new tools for States and Union Territories for ranking of startups in the country.

At an event in New Delhi, Union Minister of Commerce and Industry Suresh Prabhu launched three tools: the State and Union Territory Startup Ranking Framework, the Compendium of Good Practices for Promoting Startups in India and the Startup India Kit.

The key objective of the Startup States and UTs Ranking Framework is to encourage States and UTs to take proactive steps towards strengthening the Startup ecosystems at the local level, said the ministry.

"The Ranking Framework will  measure the impact of each step initiated at the local level for building a strong Startup ecosystem. The Ranking Framework will also enable contnuous learning through the dissemination of good practices," it added.

India is home to about 20,000 startups, with about 1,400 beginning operations every year.

The State and UT Ranking Framework is based on the feedback collected from Startup ecosystem stakeholders, which include startups, mentors, investors, accelerators, incubators and the government bodies. 

Areas which should be given greater thrust like seed funding support, women entrepreneurship are given more score.

 
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Start ups Details
Sumedh Arora | Thu Feb 15 08:07:04 2018
Dear Sir , I am B Tech Food Tech based Chandigarh and wants to start Business/ Ind . Kindly advice the in which field/ project I should start and how I will get complete information reg ind scope and financial support.


Environment clearance for small scale unit is it mandatory?
Subhash mutha | Thu Feb 15 07:54:46 2018
No small scale industry will come as start up,make in indie,etc.some relaxation may help


MSME loan (mudra)
pallavi n | Thu Feb 15 06:53:46 2018
really banks will take more time to sanction the loans


 
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