Over 8,500 startups recognised as on March 30 Back to News & Events List


Minister of State of Commerce & Industry C. R Chaudhary on Wednesday said that a total of 8,625 Start-ups have been recognised as on 30 March, 2018. 
 
As per the data available with Startup India, a total of 8,625 Start-ups have been recognised as on 30 March, 2018, said C. R Chaudhary in a written reply in the Rajya Sabha.
 
2,711 start-ups where incorporated in 2017-18 
 
The Minister said that Department of Industrial Policy and Promotion (DIPP) has issued detailed norms to assess the performance of States in promoting Startups on 6th February this year.
 
He said this initiative will help bring to fore progress made by the States and Union Territories for promoting Startup ecosystem, foster competitiveness and propel them to work proactively to identify, learn and replicate good practices.
 
The Minister further said that the ‘State Startup Ranking Framework’ is spread across 7 areas of interventions with a total of 38 action points and overall score of 100 marks.
 
The areas of interventions include Startup policy and implementation, incubation support, seed funding support, venture funding support, simplified regulations, ease of public procurement and awareness and outreach.
 
 
Source: SME Times

Recent News


18

04/2018
APEDA-PHDCCI to host Reverse Buyers and Sellers Meet to promote mango exports

In a bid to Promote Export of Mango and Mango products, APEDA, Ministry of Commerce and Industry in association with PHD chamber of Commerce and Industry, is organizing the Re...

31

03/2018
India, China to resolve agri, pharma trade issues in shadow of trade war

India-China trade talks, which ended on Tuesday, saw the two countries signing joint minutes, beating the earlier record of 2014 when it took almost a month to agree on a stat...

24

03/2018
Foreign Trade Policy review last year stressed on phasing out export sops

Long before the US lashed out at India for exceeding the time period for giving subsidies to its exporters, the government had taken cognisance of the fact that the existing e...

17

03/2018
Cabinet gives nod to MoU between India & Iran for cooperation in agri

The Cabinet chaired by prime minister Narendra Modi has given its ex-post-facto approval to the Memorandum of Understanding (MoU) between India and Iran for cooperation in the...