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impactfulpitch · 1 year

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Top government schemes for startups in India

The Indian government has established a definition of a startup as an organization that is less than seven years old, has its headquarters in India, and has a yearly revenue of fewer than 250 million rupees. Such smaller-scale firms are accelerated by government startup programmes, which ultimately support the expansion of the Indian economy as a whole.

We all know that demonetization and Covid-19 had a huge effect on India's economy, hence the best method to stimulate the economy is to assist Indian entrepreneurs and MSMEs. Therefore, we will learn about the top central government programmes for startups and MSMEs in this post.

Startup India Initiatives

The Indian government's Startup India Scheme is a programme whose primary goals are the growth of new businesses, or startups, as well as employment and prosperity. On January 16, 2016, our PM launched it in New Delhi.

If new Indian startups meet specific requirements, they may benefit from this program's administrative and tax breaks, capital growth tax exemptions, and access to government investment.

In addition, a system of self-accreditation agreements for the main labour and conditions regulations is set up, and for the first three to five years after the business's launch, there won't be any inquiries.

ATAL Innovation Mission

The Indian government's Atal Innovation Mission aims to cultivate and advance an innovative and entrepreneurial culture. With platforms and opportunities for stakeholder engagement, AIM's objective is to establish new programmes and policies for supporting innovation across the economy. It also aims to build an umbrella structure to manage the nation's innovation and entrepreneurship ecosystem.

AIM adopts a comprehensive strategy to assure the development of a problem-solving, inventive attitude in educational institutions and the promotion of an entrepreneurial ecosystem in the commercial, MSME, university, and research sectors. MIS systems that operate in real-time and dynamic dashboards are being used to monitor and manage each.

In order to guarantee ongoing improvements, AIM is also now having its programmes examined by other organizations.

The eBiz Portal

The eBiz, India's first Government-to-Business (G2B) portal, has been launched by the Ministry of Commerce and Industry with the goal of reforming and building a favorable business environment in the nation.

The platform, which Infosys built in a public-private collaboration, would provide investors and the business community in India a one-stop shop for G2B services. The portal will aid in decreasing the long waiting times and hassles associated with getting information and services.

The website can be used by businesses that are already operating in India or those who want to do so to get licences, approvals, clearances, no objection certificates, permits, and even to file taxes.

Grants Multiplier Scheme

The Department of Electronics and Information Technology (DeitY) is implementing the Multiplier Grants Scheme (MGS). MGS wants to encourage industrial, academic, and R&D group collaboration on R&D for the development of goods and packaging.

If industry contributes to R&D for the development of products that can be marketed at the institution level, the initiative will be implemented. In addition, the government will provide an equal sum. The plan requires the industry and the institutions to submit joint applications for financial support.

The program's objective is to persuade companies to work together on product development with leading academic and governmental R&D institutions.

Credit Guarantee Trust Fund for Micro & Small Enterprises (CGTSME)

CGTSME is one of the most significant Startup Loan Schemes offered by India's Ministry of MSME. A collateral-free loan of up to Rs 1 crore is given to qualified startups and MSMEs under this government programme.

The loan is distributed by the Ministry of MSME and Small Industries Development Bank of India through a trust called Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) (SIDBI).

MUDRA Yojana:

The Pradhan Mantri Yojana was introduced in 2015. The main intention of this scheme was to assist small businesses to grow and expand. Under this programme, businesses from profit and nonprofit sectors can apply for loans. The maximum limit of amount to be given is Rs. 10 lakh.

The Pradhan Mantri Mudra Yojana offers MUDRA Loans (PMMY). Micro-Units Development and Refinance Agency are what MUDRA stands for. According to the Sishu, Kishor, and Tarun categories, borrowers can obtain business loans via this programme in the range of Rs. 50,000 to Rs. 10 lakh.

#startup #ecosystem #government #scheme #entrepreneur #business #impactfulpitch #impactinvestment #impact #startupindia #investors #funding

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doonitedin · 3 years

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Delhi launches ‘Business Blasters’ programme in all govt schools to encourage entrepreneurship

Delhi Deputy Chief Minister said the ‘Business Blasters’ programme was started at the School of Excellence, Khichripur, under a pilot project. Deputy Chief Minister Manish Sisodia on Tuesday launched the Delhi government’s “Business Blasters” programme at the Thyagraj Stadium here. The programme that will be implemented in all Delhi government schools under the “entrepreneurship mindset…

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#AAP government #arvind kejriwal #Business Blasters programme #Delhi #Delhi Deputy Chief Minister Manish Sisodia #Delhi Government #Delhi launches programme to encourage entrepreneurship #School of Excelence

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aburehan · 3 years

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Self-Made Indian Entrepreneur in making Youth Self-reliant.

Ifortis was in the business of IT services and marketing services. As time evolved, dependence on the technology began to hinder Ifortis's ability to guarantee competitive pricing and provide Innovative services. Based upon demographic and geographic research, Ifortis chose Sivakasi in tamilnadu, India, as the location to begin it's facility. As time went on, IFORTIS'S principals of transparency, timely communication, quality of services and competitive pricing allowed for significant expansion. As a result, Ifortis is now one of the india's leading corporate.

With an aim to become one of the most leading companies in the world, Ifortis corporate continues to train its employees and operate monitoring systems, while practicing fair and transparent corporate ko management.

CEO of Ifortis india is respected Rohit naidu.S who is a self-made Indian Entrepreneur. He is on a mission to make the youth community Self-reliant. Rohit naidu is Passionate about helping the youth to find their way forward by cultivating confidence and committed to upskilling the professionalism of the youth.

My Human Resource manager (HR) miss.prachi Mittal who is having very supporting nature and motivating. She has done her bachelor's degree (Bachelor of Business) from New Delhi Institute of Management.

They follow some basic principals given below:-

–> They respect the dignity and diversity of individuals.

–> They compete fairly accordance to law and business order.

–> They make customer satisfaction at the topmost priority.

–> They make efforts to make the quality of life of employees improve.

–> They pursue eco-friendly management and they make relationships of co-existence and prosperity with business partners.

And iam sure that after applying all this principals Ifortis will become no.1 India's corporate.

★ Ifortis has a wide spread vision in the fields, like

–> Digital

–> Consultancy

–> Live interaction

–> IT SERVICES.

Mr.naidu (cheif executive officer of Ifortis india) says that this company is on a mission which focuses to motivate the college age youth and women by providing them best counselling and live interaction and teach them that how to start a business and grow them as well.

The main goal of this company is to support the entrepreneurship in women in india by upskilling and counselling through Live interaction.

IFORTIS CORPORATE’S PROGRAMMES:-

They are having so many programs and we'll discuss some of them;

1) #AARAMBH 2.0 | WORLD'S FIRST & LARGEST VIRTUAL YOUTH FESTIVAL.

About the event:-

The 2nd edition of the AARAMBH “India’s First & Largest Virtual Youth Festival” by IFORTIS CORPORATE will be held in 27th & 28th February 2021. Bringing together the dazzling Youths, from all over the world and providing the spotlight to make it beam even brighter!

This program is also having some subcategories:-

- singing competition.

- stand-up comedy.

- art and design competition.

- magic show.

- photography contest.

- gaming battle.

2) #SOLUTIONFORTOMORROW.

IFortis Corporate has launched ‘Solution for Tomorrow’, an exclusive program offering all 16-26 year olds world-wide the chance to change the world with their ideas. The programme brings compassion, education and technology together to help young people nurture and create solutions to their local community’s most pressing problems within one of the four following categories:

-Diversity and inclusion

-Education

-Social isolation

-Sustainability

3) #YOUTHSHOULDLEAD

The Youth Should Lead by IFortis Corporate is Youth Leadership programme launched in 2020, explores how no one individual has the complete set of leadership skills. It enables youth to identify and reflect on their natural leadership style, personality and behaviours. Then, with the support of world class corporate trainers, youth will agree on areas for development where your leadership shows potential or is fragile. The youth will discover that to be a complete leader they need to be aware of their own limitations and draw on the diversity of their team.

4) #GOGREEN

IFortis Corporate, committed to reducing our environmental footprint and that of our events. They have signed an international commitment to reduce our footprint company-wide (IAPCO Plastics Pledge), as well as the footprint of our clients’ events, through sustainable design and carbon offsetting. They work with partners and suppliers who have active sustainability policies and we also actively encourage discussions and awareness around environmental practice throughout our industry.

5) #SOCIAL ACCOUNTABILITY

At IFortis Corporate, They are committed to employing people from all cultures and backgrounds and they aspire to diversify our company across all indicators including gender, age, sexuality, ability and religion. This is evidenced through our many spoken languages, with their staff collectively speaking more than 30 languages. They acknowledge the Indigenous Indians as traditional custodians of their land and seek to be an employer of choice for those identifying as First Nations people. This is achieved through their values of an inclusive work environment, where we work to break down barriers and embrace diversity of people, ideas, talents and experiences.

6) #BLOCKCHANGING THE WORLD

IFortis Corporate’s Blockchanging the World is a mission to provide the youth with a well-rounded foundation of the intersection of blockchain technology with either technical practicality, the modern healthcare system, financial institutions, and a road map through the legal labyrinth that is blockchain regulation to aid them in the decision-making process. The program is intended to help the youth in implementing blockchain technology by meeting societal needs and overcoming such obstacles as risks, barriers, and regulations.

7) #WEAREFIT

At IFortis Corporate, their staff are their heart and soul and their satisfaction and wellbeing is critical to the success of their Company. As such, they have policies in place to support staff on a personal level – including flexible working arrangements and mental health support – and they are continually looking to improve in these areas. People development is one of their highest priorities and they invest heavily into this each year – for example, deploying more than 1,000 hours of external training in 2020 – and strongly believe in promoting from within as well as staff retention.

8) #CULTIVATING THE SKILLS

IFortis Corporate’s Step Up is an executive Skill Development program, During the program the young people will be made to investigate complex challenges such as social problems, plastic pollution, genome editing, and global pandemics. The program is structured around real-world problems, its core is centred on academic disciplines and a range of research methods by IFortis Corporate’s Research & Development Team. The youth will gain a strong understanding over the rapidly changing future of work.

9) #NOT A SCHOOL.

IFortis Corporate’s Not a School is an alternative educational programme co-created with and for school students aged 10-18 across the globe. The free programme aims to inspire our next generation of innovators and equip them with future-proof skills through exploring social issues they care about most with some of world’s most inspirational experts.

Here are some programs of the Ifortis india.

FUTURE GOALS OF IFORTIS INDIA:-

Currently company is working on the Mission that is #makingwomenselfreliant

And #Youthshouldlead

Ifortis corporate india is stepping into textile and manufacturing industries with a Powerful mission that is to provide employment opportunities to women and youth across the india and make them self reliant and financially independent.

#makingwomenselfreliant youthshouldlead ifortiscorporate

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hybiz12 · 4 years

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The Union Government accords very high priority to the agriculture sector. In order to contribute directly and indirectly to enhance the income of farmers by providing opportunities to them and to provide employment to youth, start-ups are being encouraged. A component, Innovation and Agri-entrepreneurship Development programme has been launched under Rashtriya Krishi Vikas Yojana in order to promote innovation and agripreneurship by providing financial support and nurturing the incubation ecosystem. These start-ups are in various categories such as agro-processing, artificial intelligence, digital agriculture, farm mechanisation, waste to wealth, dairy, fisheries etc. Five Knowledge Partners (KPs) have been selected as Centres of Excellence. These are – (1) National Institute of Agricultural Extension Management (MANAGE), Hyderabad, (2) National Institute of Agricultural Marketing(NIAM) Jaipur, (3) Indian Agricultural Research Institute (IARI) Pusa, New Delhi, (4) University of Agriculture Science, Dharwad, Karnataka and (5) Assam Agriculture University, Jorhat, Assam

#TheMinistryofAgriculture #RashtriyaKrishiVikasYojana #AgriEntrepreneurship #Agriculture #IndianAgriculturalResearchInstitute #AgriculturalResearchInstitute #MinistryofAgriculture&FarmersWelfare #AgribusinessIncubators #UniversityofAgricultureScience #AssamAgricultureUniversity #LatestBusinessNews #LatestBusinessUpdates #LatestNews #LatestUpdates #BusinessChannel #OnlineBusinessChannel

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edarabia · 6 years

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Dubai, UAE: Social entrepreneur and Dubai resident Jivika Rajani wants young people in the emirate to believe that they can work for the benefit of the society, and earn a great salary at the same time. "Social work is not limited to charity or personal sacrifices. Business initiatives today must have inherent value created for people, community and the planet - all three should benefit from the business initiatives," Jivika told Khaleej Times. A recent graduate in environmental economics and media studies from Paloma College, Claremont California, United States, Jivika returned to the UAE to launch the Aspir8, a five-day social innovation and entrepreneurship boot camp (SIEB). Jivika is one of the recipients of the prestigious Napier Initiative, a programme that is held in partnership between Pilgrim Place and the five Claremont colleges to encourage leadership for social change. She received a $15,000 funding from Napier to continue her work in the UAE and India. Students will have the opportunity to learn from scholars and industry leaders, and finally, pitch their socially conscious business idea. The camps will be held in Dubai International Academy (DIA) in three batches, starting December 17, and will continue until January 4. Mentors for the SIEB sessions in Dubai include Mark Hanis, a research fellow with the Handa Centre, Stanford University and Madison Vorva, United Nations Forest Hero. Students attending the programme will also have access to curriculum provided by Jane Goodall's roots and shoots foundation, Net Impact, and much more. The sessions are free of cost, and up to 130 students have registered for the boot camp. Jivika added that she can host 10 more students. Sonia Sawhney, whose son Sidharth (14) will be attending the programme said: "I enrolled my son for the programme so that he gets a better idea on what kind of future he wants to pursue. Social entrepreneurship also gives students the power to make balanced decisions." Jivika, originally from New Delhi, moved to Dubai at the age of five. She has been living here ever since and graduated from Emirates International School, Jumeirah in 2013. Jivika felt that students in the UAE were not able to apply their education in 'real life', unlike their peers in the US. "Students in Dubai don't have the opportunity to create small solutions for complex social problems. The camp makes that process attractive and scalable to students," she added. Her first social entrepreneurial project here was when she raised over $1,000 for the Dubai Autism Centre through a photography competition. © Khaleej Times

#Education #Events #UAE #Dubai #Abu Dhabi #Edarabia

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jobs-in-dubai-uae · 6 years

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#Jobs #Careers #Vacancies #Dubai #UAE #Abu Dhabi #Middle East

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odishaenews-blog · 7 years

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Petroleum Minister Dharmendra Pradhan launches Start-up Programmes for entrepreneurs in Oil and Gas sector

New Delhi: The Chief Minister of Petroleum and Natural Gas, Skills Development and Entrepreneurship Head, said that the new business model in this sector is important for the development of marketing, technology and innovation. Similarly, oil and gas PSES constituted the fund’s funding fund to encourage start-ups based on innovative concepts in the energy sector. Speaking at the inauguration of…

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sarkariniti1-blog · 7 years

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Start Up India Scheme | Stand Up India Scheme

STARTUP INDIA

Startup India Standup India is a scheme launched by the Modi government on 16th of January in 2016. This campaign is planned to bring new opportunities for the youths of the country. PM Narendra Modi was talked about this campaign on 15th of Aug. while addressing the nation from Red Fort, New Delhi. This initiative is to encourage the young entrepreneurs to greatly involve in the entrepreneurship for better future. According to the programme, around 1.25 lakh bank branches will encourage youth (at least one Dalit or Adivasi and one woman entrepreneur) entrepreneurs by giving them loan. This campaign will create new jobs for the people in India.

Start Up India is a revolutionary scheme that has been start to help the people who wish to start their own business. These people have ideas and capability, so the government will give them support to make sure they can implement their ideas and grow. Success of this scheme will eventually make India, a better economy and a strong nation.

A start-up is an entity that is headquartered in India which was opened less than five years ago and have an annual turnover less than ₹25 crore (US$3.7 million). The government has already launched PMMY, the MUDRA Bank, a new institution set up for development and refinancing activities relating to micro units with a refinance Fund of₹200 billion (US$3.0 billion).

The Standup India initiative is also intended to encourage entrepreneurship among SCs/STs, women communities.

Main features of Startup India campaign:

· Single Window Clearance even with the help of a mobile application

· 10,000 crore INR of funds

· 80% reduction in patent registration fee

· Modified and more friendly Bankruptcy Code to ensure 90-day exit window

· Freedom from mystifying inspections for 3 years

· Freedom from Capital Gain Tax for 3 years

· Freedom from tax in profits for 3 years

· Eliminating red tape

· Self-certification compliance

· Innovation hub under Atal Innovation Mission

· Starting with 5 lakh schools to target 10 lakh children for innovation programme

· New schemes to provide IPR protection to start-ups and new firms

· Encourage entrepreneurship.

· Stand India across the world as a start-up hub.

On 16 January 2016, this campaign was launched by the finance minister Arun Jaitley. The Ministry of Human Resource Development and the Department of Science and Technology have agreed to partner in an initiative to set up over 75 such startup support hubs in the National Institutes of Technology (NITs), the Indian Institutes of Information Technology (IIITs), the Indian Institutes of Science Education and Research (IISERs) and National Institutes of Pharmaceutical Education and Research (NIPERs). The Reserve Bank of India supposed that it will take steps to help expand the 'ease of doing businesses in the country and contribute to an ecosystem that is favourable for the progress of start-up businesses.

According to this scheme, each of the bank branches will support at least one Dalit, Adivasi and women entrepreneur in order to easily encourage them. It will be proved very effective scheme in the development of India as it encourages and enables start-ups of the country who have strong mind and innovative ideas (necessary to bring nation on the new track).

This initiative will be proved a new dimension to the entrepreneurship and help new comers in setting up their businesses as well as make a live network of start-ups through connection. Highly skilled and multi talented youths of the country will be completely benefitted through this campaign and able to generate new jobs. This campaign is the result of commitment of Modi government to make India a developed country by 2022 with the availability of house, electricity, job and other basic needs to all.

https://sarkariniti.com/start-up-india-scheme-or-stand-up-india-scheme/

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jobs-in-dubai-uae · 6 years

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#Jobs #Vacancies #Careers #Tips #Edarabia #Education #Dubai #UAE #Abu Dhabi #Middle East #Sharjah #Re

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