DPIIT Launches Startup India Initiative for Innovation Ecosystem

The Authorities with an intent to construct a robust ecosystem for nurturing innovation, startups and inspiring investments in startup ecosystem of the nation launched the Startup India initiative on sixteenth  January 2016.

For attaining specific targets, numerous packages are applied by the Authorities below the mentioned initiative. Sustained efforts by the Authorities have  led to a rise within the variety of Division for Promotion of Trade and Inside Commerce (DPIIT) recognised startups to 1,17,254 as on thirty first December 2023. These recognised startups are reported to have created over 12.42 lakh direct jobs creating significant financial influence. There may be not less than one recognised startup in each State and Union Territory (UT) unfold throughout over 80% of the districts throughout the nation.

Specifically for the final five years viz. 2019, 2020, 2021, 2022, and 2023, the State/UT-wise variety of DPIIT recognised startups and variety of direct jobs created by DPIIT recognised startups are positioned as Annexure-I and Annexure-II respectively.

Because the launch of the Startup India initiative in 2016 by the Authorities, 55,816 DPIIT recognised startups have not less than one-woman director as on thirty first December 2023.

The Authorities is implementing numerous schemes/programmes to advertise ladies entrepreneurship. The small print of such Authorities initiatives are positioned as Annexure III.

This data has been offered by the Union Minister of State for Commerce and Trade, Shri Som Parkash in a written reply within the Rajya Sabha immediately.

ANNEXURE-I

State/UT-wise variety of recognised startups over the last 5 years viz 2019, 2020, 2021, 2022, and 2023 are as below:

ANNEXURE-II

State/UT-wise variety of direct jobs (self-reported) created by recognised startups over the last 5 years viz 2019, 2020, 2021, 2022, and 2023 are as below:

ANNEXURE-III

Packages Carried out to advertise Girls Entrepreneurship:

1. To advertise circulate of each fairness and debt to ladies led startups, 10% of the fund within the Fund of Funds for Startups Scheme operated by Small Industries Growth Financial institution of India (SIDBI) is reserved for women-led startups.

2. Girls Capability Growth Programme (WING) is a novel Capability Growth Program for women-led startups, to establish and help each aspiring and established ladies entrepreneurs of their startup journeys. The workshops are open to number of enterprise sectors together with Tech, Building, Product, Machine, Meals, Agriculture, Training, and so on. The workshops function a platform for rising ladies entrepreneurs and different stakeholders to debate the important thing challenges going through ladies entrepreneurs. WING workshops create a conducive setting to share greatest practices and experiences in overcoming challenges and to realize insights discovered from the enterprise fashions adopted within the Indian context. 

3. A Digital Incubation Program for Girls Entrepreneurs was performed in collaboration with Zone Startups to help women-led tech startups with pro-bono acceleration help.

4. Startup India Hub: A webpage devoted to ladies entrepreneurs has been designed on the Startup India portal. The web page consists of numerous coverage measures for girls entrepreneurs by each Central and State Governments.

5. ASCEND Startup Workshop Collection and Girls for Startups Workshops: The Authorities organized a collection of startup workshops – ASCEND (Accelerating Startup Calibre & Entrepreneurial Drive), for the entrepreneurs, aspiring entrepreneurs, and college students from North-eastern area. As well as, the workshops are performed with a selected give attention to ladies entrepreneurs throughout the north-eastern states. The workshops have witnessed participation from ecosystem stakeholders equivalent to authorities officers, startups, aspiring entrepreneurs, traders, tutorial establishments, and so on.

6. Girls Entrepreneurship Platform (WEP): The Authorities launched WEP in 2018 as an aggregator platform with the intention to beat data asymmetry within the ladies entrepreneurial ecosystem. By showcasing all current initiatives and offering area data it really works in direction of empowering each potential and current ladies entrepreneurs.

7. SuperStree Podcast: With a imaginative and prescient to encourage a better variety of ladies throughout all areas in India to develop into entrepreneurs, the SuperStree video podcast collection has been launched on ladies within the Indian Startup Ecosystem. The podcast spreads consciousness associated to improvements from ladies and to additional strengthen ladies entrepreneurship within the nation.

8. By means of numerous consciousness programmes and capability constructing programmes organized by the Authorities, and thru print media and social media platforms, the Authorities additionally creates consciousness in regards to the current schemes which help micro, small and medium entrepreneurs, together with ladies entrepreneurs.

9. BIRAC (below BioNEST and EYUVA schemes) has arrange devoted Bioincubation centres for girls entrepreneurs that present incubation house and mentoring (enterprise, Mental Property, authorized) particularly to ladies college students/scientists/entrepreneurs in addition to help ladies Self Assist Teams (SHGs). 

10. BIRAC’s WInER Award fellowship (Girls In Entrepreneurial Analysis), in partnership with TiE-Delhi NCR: Below this award programme, ladies entrepreneurs engaged on concepts that influence massive sections of the society are offered monetary help together with different advantages together with mentoring, handholding, a possibility to undergo an intensive accelerator programme. 

11. Below the Startup Accelerators of MeitY for Product Innovation, Growth and Development (SAMRIDH) scheme, the Ministry of Electronics and Info Know-how (MeitY) helps a devoted women-led accelerator program hosted by Zone Startups.

12. Below the Know-how Incubation and Growth of Entrepreneurs (TIDE) Scheme of MeitY, monetary help is offered to Establishments of Larger Studying to strengthen their Know-how Incubation Centres for enabling younger entrepreneurs to create expertise startup corporations for business exploitation of applied sciences developed by them. 

13. The States’ Startup Rating on help to startup ecosystems is primarily an train to establish good practices throughout all of the Indian states. The analysis features a particular provision to gauge the formulation and implementation of insurance policies and particular incentives to advertise women-led startups in every state. The actual motion level has witnessed lively engagement and thereon reporting of measures undertaken by collaborating States and UTs.

14. To establish the depth, high quality and unfold of innovation, inclusivity and variety, and entrepreneurship in nation, the Authorities instituted the Nationwide Startup Awards (NSA). NSA acknowledges and promotes startups throughout 20 sectors and particular classes. All 4 editions of the NSA (2020, 2021, 2022 and 2023) have featured a particular class and award for women-led startups.

15. Ministry of MSME has taken a number of steps to help ladies owned Micro, Small and Medium Enterprises (MSMEs) within the nation to extend ladies’s participation. The small print of the packages applied on this path are as below:

1. Particular drives for registration of girls owned MSMEs below Udyam Registration Portal have been undertaken.

2. Varied fiscal incentives are offered to ladies entrepreneurs below the Credit score Assure Scheme for Micro and Small Enterprises.

3. To encourage entrepreneurship amongst ladies, the Ministry additionally implements plenty of packages equivalent to:

• ‘Ability Upgradation & Mahila Coir Yojana’ below Coir Vikas Yojana, which is an unique coaching program geared toward talent improvement of girls artisans engaged within the Coir sector.

• The Ministry additionally implements Prime Minister’s Employment Era Programme (PMEGP), which is a credit-linked subsidy programme geared toward producing self-employment alternatives by means of institution of micro enterprises within the non-farm sector by serving to conventional artisans and rural/city unemployed youth. Below the scheme, ladies are offered increased subsidy vis-à-vis non particular class.

• Participation of girls entrepreneurs in commerce gala’s below Procurement & Advertising Help Scheme is backed.