Continuing its initiative to support startups across the country, the government has announced the launch of Startup India hub today in New Delhi. The official announcement was done by Nirmala Sitharaman, minister of Commerce, government of India. Startup India hub will help the startups getting access to the startup ecosystem across the country, which includes startups, VCs, angel investors, legal partners of the government, incubators and accelerators.
The service will also act as a one-stop solution to get information about various government schemes for startups. The entrepreneurs will be able to know about government sponsored schemes as well as be able to apply for the benefits. The information related to whole startup ecosystem is hosted on the official startup India platform and it promises to provide whole information within 2 hours. For the users, who do not have access to internet, the same can be accessed using the toll free number, 1800115565.
The knowledge bank under Startup India hub lists various success stories, case studies, market researches and templates. This material helps startups in framing their business plan or to make systemized strategies.
The facilitator arm of startup India hub provides access to the enablers in the startup ecosystem. This is best suited for early-stage entrepreneurs who are looking to start or are in very initial stage of their startup journey. This also helps with issues related to business, finance, regulation, legal help or government regulatory schemes.
The collaborator arm of startup India hub lists down all the important news and updates about various startups, investors and other elements of the startup ecosystem. It also keeps a track of important form discussions, videos and links to help startups in their journey. Also, startup can find information about contests and events related to startups across the country.
It has currently listed over 350 mentors from various educational institutions, successful startups, incubators and accelerators. These mentors will be available on the platform to solve the queries of startups and entrepreneurs.
Ever since the official launch of startup India program in January 2016, the government has been facilitating startups and entrepreneurship to boost the economy of the country. This step by the commerce ministry sounds another bold step in promoting entrepreneurship among the youth of the country.