DHRUV SHARMAдобавил заметку 3 дня назад
DPIIT-Recognized Startups and Their Access to Government Grants
Under a favorable legislative framework, startups are thriving in India, and DPIIT Registration under the Startup India Registration program is one of the main factors contributing to this expansion. Eligible entrepreneurs can access a variety of advantages, such as government subsidies and financial support, by obtaining formal DPIIT Recognition from the Department for Promotion of Industry and Internal Trade (DPIIT). With DPIIT Recognition, entrepreneurs join the Government of India's larger effort to foster innovation, create jobs, and facilitate economic transactions. A Startup India Certificate, which certifies their status and eligibility for numerous incentives, including funding schemes and grants, is given to these firms.
Government Grants and Schemes for DPIIT-Recognized Startups
Startups with valid DIPP Registration can apply for several government grant schemes such as:
• Startup India Seed Fund Scheme (SISFS): Under this scheme, DPIIT-recognized startups can avail funding of up to ₹20 lakh for proof of concept, prototype development, or product trials, and up to ₹50 lakh for market entry and commercialization.
• Biotechnology Ignition Grant (BIG): Aimed at biotech startups, this grant provides up to ₹50 lakh for developing proof of concept and early-stage validation.
• MEITY TIDE 2.0 and SAMRIDH Scheme: These support tech startups in product development and accelerator support.
These funding opportunities are available only to startups that have secured DPIIT Recognition, highlighting the importance of completing the Startup India Registration process. Once recognized, startups can access government portals and pitch for grants, making their entrepreneurial journey more sustainable and scalable.
How to Get DPIIT Recognition
Startups must apply for DPIIT Registration, describe their invention or scalable model, submit incorporation paperwork, and register on the Startup India portal. Following a successful evaluation, they are granted a Startup India Certificate and DIPP Registration, allowing them to seek for government funds, take part in government tenders, and get tax exemptions. In assumption, startups who have received DPIIT recognition have a lot of benefits, particularly in terms of government funding. Startups can increase their credibility and receive access to important investment by obtaining Startup India Registration, which will help them expand more quickly and make a significant economic contribution to India.