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We Have Achieved Some
Great For Experiences

Total No. Of Startups

5,171

Total No. Of Startups
Total Investment

973 Cr

Total Investment
Total Jobs

35,342

Total Jobs
Total Students

59,408

Total Students

Startup Recognition

Startup & Rural Startup

The Government aims to foster entrepreneurship from rural areas and startup by providing the following support:

Startup Rural Startup

Startup is an entity that develops a business model based on some innovation and makes it scalable for achieving commercial success. According to Department for Promotion of Industry and Internal Trade (DPIIT), under the Union Ministry for Commerce and Industry, an entity shall be considered as a Startup upto a period of ten years from the date of incorporation/ registration, if it is incorporated as a private limited company or registered as a partnership firm or a limited liability partnership in India.

Financial Incentives

Funding incentives have been defined based on the life cycle stages of startups –

Pre Seed & Seed Stage Growth Stage

The government had introduced an assessment program for Startups, QRate Startup rating, which provides detailed assessment report on Startup’s potential and investment worthiness. The rating is based on assessment score and varies from Bronze, Silver, Gold, Platinum to Signature. The rating shall be used to grade eligible startups in order to provide differential incentives to each category as part of the policy.

Incubation Registration

The Government will provide the youth and entrepreneurs of the State with attractive Funding and Enabling support. This will enable them to access low-cost capital, scale up faster through incubation across life stages and strengthen the overall startup ecosystem in the State.

Techno Hub iStart Nest Virtual Incubation Mentroning Support

QRate

QRate: Is an assessment program which provides a detailed report on the startup’s potential and investment worthiness. Much like a health check-up report from a diagnostic lab, the assessment report “scorecard” provides startup founders with actionable insights to strengthen their business plan and improve chances of receiving funding.

QRate is a combination of 3 key components to help startups increase their chances of success, and of getting funded: Startup Scorecard, Skill Building & Fundraising Assistance

The startup assessment starts with online application (business plan) by registered & recognized startup on the iStart portal. A suggested template of the business plan is available on the portal for the startup to refer and prepare its deck. sample QRate pitch deck The application is assessed based on multiple parameters of business and provided with a detailed QRate Card (Scorecard) and assessment report on their strengths and weaknesses within 15 working days of the submission. The startup will be eligible to apply for re-evaluation.

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