GOVERNMENT BENEFITS FOR STARTUP COMPANIES
1. TAX EXEMPTIONS on income tax for 3 years
2. TAX EXEMPTIONS on capital gains & on investments above Fair Market Value.
3. PUBLIC PROCUREMENT fast track under the criteria of "prior experience / turnover" - Relaxed for tenders by Central Ministries/CPSUs; included in GFR 2017
4. EXEMPTIONS FROM REQUIREMENT OF EARNEST MONEY DEPOSIT (EMD) IN GOVERNMENT TENDERS
5. INR 10,000 CRORE FUND of funds for investment into start-ups through Alternate Investment Funds.
6. INR 2,000 CRORE CREDIT guarantee fund for start-ups through National Credit Guarantee Trust Company SIDBI over years
7. SINGLE POINT DECLARATION and compliance under 9 environmental & labour laws
8. STARTUP PATENT & TRADEMARK APPLICATION fast track & govt. to bear facilitation cost.
9. Support to R&D Institutions The assistance will be given up to 60% of the project cost.
10. CLOUD SERVICES:
$ 1000 worth Cloud Credits @ Amazon Web Services.
$ 1000 worth Cloud Credits @ Digital Ocean
$ 300 worth Cloud Telephony Services @ My Operator
$ 100 worth Cloud Telephony Services @ Exotel
11. FUNDING SUPPORT:
a. CROWD FUNDING
b. ANGEL FUNDING
c. VENTURE CAPITAL
d. GOVT. FUNDS
e. BUSINESS INCUBATORS & ACCELERATORS FUNDING.