The Indian Government has launched multiple initiatives to support the startup ecosystem. These schemes provide funding, mentorship, incubation, and market access to entrepreneurs.
- Startup India Seed Fund Scheme
- Funding up to Rs. 20 lakh to develop prototype, product trials
- Stand-Up India Scheme
- Bank loans between Rs. 10 lakh – Rs. 1 crore for SC/ST/Women entrepreneurs
- Atal Innovation Mission (AIM)
- Supports establishment of incubators, labs, and innovation hubs
- M-SIPS (Modified Special Incentive Package Scheme)
- Promotes electronics manufacturing with 20-25% capital subsidy
- SAMRIDH Scheme
- Supports startups in scaling operations and accessing private investments
These programs aim to make India a global hub for innovation by minimizing entry barriers and offering institutional support.