The Central government is planning to set up a Credit Guarantee Fund (CGF) for encouraging start-up companies for providing credit facilities.
\nIncentives being provided to Startups under Startup India initiative include:
\n\u2022 Self-Certification under 6 Labour Laws & 3 Environmental Laws
\n\u2022 Relaxations in Public Procurement Norms
\n\u2022 Faster exit under the Bankruptcy Code
\n\u2022 Rebates on Patent & Trademark filing fees, support from facilitators and expedited examination of Patent application
\n\u2022 Income Tax exemption
\n\u2022 Exemption from Income Tax on investments received above fair market value
\n\u2022 Funding support under the Fund of Funds for Startups
\n\u2022 Guidance and facilitation support from Startup India Hub<\/p>\n\n\n\n
Department of Industrial Policy and Promotion hosted Startup India Global Venture Capital Summit 2018 on 7th December 2018 in Goa. The Summit saw a gathering of global fund managers, limited partners, officials from the Government of India and innovative startups. The dialogue focused on the huge return-generating potential of India\u2019s vast and diverse market monetized through cutting-edge technologies supported by investor-friendly regulations. The objectives of the Summit were: showcasing the opportunities in India by discussing and highlighting sectors that provide a wide array of investible opportunities; increasing capital flow for Indian startups by showcasing high quality tech & non tech Indian startups to the global investor community; fostering ease of doing business by Identifying and discussing issues raised by investor community
\nThe event was attended by 30 Startups of which 27 were Indian Startups and 3 Startups were from the United States of America.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Central government is planning to set up a Credit Guarantee Fund (CGF) for encouraging start-up companies for providing credit facilities. <\/p>\n","protected":false},"author":3,"featured_media":2150,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[46],"tags":[],"class_list":["post-317","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/dazzling-chebyshev.103-73-189-254.plesk.page\/index.php?rest_route=\/wp\/v2\/posts\/317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dazzling-chebyshev.103-73-189-254.plesk.page\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dazzling-chebyshev.103-73-189-254.plesk.page\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dazzling-chebyshev.103-73-189-254.plesk.page\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/dazzling-chebyshev.103-73-189-254.plesk.page\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=317"}],"version-history":[{"count":0,"href":"https:\/\/dazzling-chebyshev.103-73-189-254.plesk.page\/index.php?rest_route=\/wp\/v2\/posts\/317\/revisions"}],"wp:attachment":[{"href":"https:\/\/dazzling-chebyshev.103-73-189-254.plesk.page\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dazzling-chebyshev.103-73-189-254.plesk.page\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dazzling-chebyshev.103-73-189-254.plesk.page\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}