Government Initiatives and Institutional Assistance for Startups in India
Government Initiatives and Institutional Assistance for Startups in India By Leslie Dass P Department of Professional Management Studies, KJU India today stands at the forefront of the global startup revolution. With an ecosystem powered by innovation, digital transformation, and strong government support, the country has emerged as one of the top destinations for entrepreneurship. The Government of India, along with several state governments, has introduced numerous initiatives, financial schemes, and institutional supports to empower entrepreneurs—from ideation to scaling up. This article explores these vital mechanisms under Unit 4 of Venture Capital & Startup Management , offering a roadmap for aspiring founders navigating India’s startup ecosystem. ๐ 1. Startup India: Catalyzing Entrepreneurial Growth Launched in 2016 , the Startup India Initiative serves as the backbone of India’s startup policy framework. It aims to promote innovation, ease regulatory bottlen...