{"id":229689,"date":"2025-09-29T19:17:59","date_gmt":"2025-09-29T13:47:59","guid":{"rendered":"https:\/\/www.oliveboard.in\/blog\/?p=229689"},"modified":"2025-09-29T19:18:04","modified_gmt":"2025-09-29T13:48:04","slug":"start-up-india-scheme","status":"publish","type":"post","link":"https:\/\/www.oliveboard.in\/blog\/start-up-india-scheme\/","title":{"rendered":"Start-up India Scheme Features, Objectives and Banefits"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_77 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of content<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.oliveboard.in\/blog\/start-up-india-scheme\/#Why_was_the_Start-up_India_Scheme_Introduced\" >Why was the Start-up India Scheme Introduced?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.oliveboard.in\/blog\/start-up-india-scheme\/#What_are_the_Key_Objectives_of_the_Start-up_India_Scheme\" >What are the Key Objectives of the Start-up India Scheme?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.oliveboard.in\/blog\/start-up-india-scheme\/#Who_is_Eligible_for_the_Start-up_India_Scheme\" >Who is Eligible for the Start-up India Scheme?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.oliveboard.in\/blog\/start-up-india-scheme\/#How_to_Register_Under_the_Start-up_India_Scheme\" >How to Register Under the Start-up India Scheme?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.oliveboard.in\/blog\/start-up-india-scheme\/#What_are_the_Benefits_of_the_Start-up_India_Scheme\" >What are the Benefits of the Start-up India Scheme?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.oliveboard.in\/blog\/start-up-india-scheme\/#How_does_the_Government_Promote_Startup_Culture_in_India\" >How does the Government Promote Startup Culture in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.oliveboard.in\/blog\/start-up-india-scheme\/#What_are_the_State_Rankings_Under_the_Startup_India_Scheme\" >What are the State Rankings Under the Startup India Scheme?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.oliveboard.in\/blog\/start-up-india-scheme\/#How_does_Startup_India_Align_with_Other_Government_Initiatives\" >How does Startup India Align with Other Government Initiatives?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.oliveboard.in\/blog\/start-up-india-scheme\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.oliveboard.in\/blog\/start-up-india-scheme\/#Questions_Based_on_Startup_India_Scheme\" >Questions Based on Startup India Scheme<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>The <strong>Start-up India Scheme<\/strong> is a flagship initiative by the Government of India aimed at promoting innovation, entrepreneurship, and the startup ecosystem in the country. It was first announced by <strong>Prime Minister Narendra Modi<\/strong> on <strong>15th August 2015<\/strong> at the Red Fort and officially launched on <strong>16th January 2016<\/strong> by <strong>Arun Jaitley<\/strong>, the then Finance Minister. The scheme is administered by the <strong>Department for Promotion of Industry and Internal Trade (DPIIT)<\/strong> under the <strong>Ministry of Commerce and Industry<\/strong>.<\/p>\n\n\n\n<p>The primary goal of the scheme is to remove barriers for startups, such as complex regulatory approvals, funding challenges, and lack of infrastructure, while also fostering innovation, industry-academia partnerships, and entrepreneurship across India.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-was-the-start-up-india-scheme-introduced\"><span class=\"ez-toc-section\" id=\"Why_was_the_Start-up_India_Scheme_Introduced\"><\/span>Why was the Start-up India Scheme Introduced?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>India has immense potential for innovation, but entrepreneurs often face challenges like:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Lengthy approvals under the License Raj<\/li>\n\n\n\n<li>Difficulty obtaining land permissions<\/li>\n\n\n\n<li>Delays in foreign investment proposals<\/li>\n\n\n\n<li>Complicated environmental clearances<\/li>\n<\/ul>\n\n\n\n<p>The Start-up India Scheme was designed to simplify these processes, provide funding support, and create a strong ecosystem that nurtures new businesses. The scheme aims to:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Drive <strong>economic growth<\/strong> and create <strong>employment opportunities<\/strong><\/li>\n\n\n\n<li>Promote <strong>innovation and technology<\/strong> development<\/li>\n\n\n\n<li>Position India as a global hub for startups<\/li>\n<\/ol>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/upcoming-government-exams\/?ref=contac-aib\" target=\"_blank\" rel=\"noreferrer noopener\">Check Upcoming Govt Exams<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-are-the-key-objectives-of-the-start-up-india-scheme\"><span class=\"ez-toc-section\" id=\"What_are_the_Key_Objectives_of_the_Start-up_India_Scheme\"><\/span>What are the Key Objectives of the Start-up India Scheme?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Start-up India Scheme is built on three major pillars:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Pillar<\/strong><\/td><td><strong>Details<\/strong><\/td><\/tr><tr><td><strong>Funding Support and Incentives<\/strong><\/td><td>&#8211; Financial assistance through Startup India Seed Fund Scheme (SISFS)<br>&#8211; Access to Fund of Funds managed by SIDBI with a corpus of \u20b910,000 crore<br>&#8211; Tax exemptions and incentives for eligible startups<\/td><\/tr><tr><td><strong>Industry-Academia Partnership and Incubation<\/strong><\/td><td>&#8211; Establishment of incubators and innovation hubs<br>&#8211; Collaboration between educational institutions and industry to promote research-based startups<br>&#8211; Atal Innovation Mission (AIM) to foster self-employment and talent utilization<\/td><\/tr><tr><td><strong>Simplification and Handholding<\/strong><\/td><td>&#8211; Simplified regulations under laws such as the Companies Act<br>&#8211; Self-certification for labor and environmental laws<br>&#8211; Intellectual Property Rights (IPR) facilitation to protect innovations<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-who-is-eligible-for-the-start-up-india-scheme\"><span class=\"ez-toc-section\" id=\"Who_is_Eligible_for_the_Start-up_India_Scheme\"><\/span>Who is Eligible for the Start-up India Scheme?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>To be recognized under the Startup India Scheme, a startup must meet the following criteria:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Company Type:<\/strong> Private Limited Company, Limited Liability Partnership (LLP), or Partnership Firm<\/li>\n\n\n\n<li><strong>Age:<\/strong> Less than <strong>10 years<\/strong> from the date of incorporation<\/li>\n\n\n\n<li><strong>Turnover:<\/strong> Less than <strong>\u20b9100 crore<\/strong> in any financial year since incorporation<\/li>\n\n\n\n<li><strong>Innovation:<\/strong> Engaged in <strong>innovation, development, or improvement<\/strong> of products or services<\/li>\n<\/ul>\n\n\n\n<p><strong>Important Note:<\/strong> A business formed by splitting or reconstructing an existing business is <strong>not eligible<\/strong>.<\/p>\n\n\n\n<p><strong>Check Out: <\/strong><a href=\"https:\/\/www.oliveboard.in\/blog\/important-government-schemes-nabard-grade-a\/?ref=contac-aib\" target=\"_blank\" rel=\"noreferrer noopener\">Complete List of Important Schemes for NABARD Grade A Exam<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-to-register-under-the-start-up-india-scheme\"><span class=\"ez-toc-section\" id=\"How_to_Register_Under_the_Start-up_India_Scheme\"><\/span>How to Register Under the Start-up India Scheme?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The registration process involves the following steps:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Incorporate the Business<\/strong>: Register your business as a Private Limited Company, LLP, or Partnership Firm and obtain a <strong>Certificate of Incorporation<\/strong> and <strong>PAN<\/strong>.<\/li>\n\n\n\n<li><strong>Create an Account on Startup India Portal<\/strong>: Visit the official Startup India portal and fill out the registration form with essential details of the business.<\/li>\n\n\n\n<li><strong>Submit Required Documents<\/strong>:\n<ul class=\"wp-block-list\">\n<li>Incorporation\/Registration Certificate<\/li>\n\n\n\n<li>PAN card<\/li>\n\n\n\n<li>Letter of recommendation (if applicable)<\/li>\n\n\n\n<li>Brief description of the business<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Obtain Recognition<\/strong>: After verification, your startup will receive a <strong>recognition number<\/strong> and a <strong>certificate of recognition<\/strong>.<\/li>\n<\/ol>\n\n\n\n<p><strong>Benefits of Recognition:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Exemption from <strong>income tax for 3 years<\/strong><\/li>\n\n\n\n<li>Access to <strong>funding schemes<\/strong> like SISFS<\/li>\n\n\n\n<li>Facilitation of <strong>IPR protection<\/strong> and patent fee reduction<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-are-the-benefits-of-the-start-up-india-scheme\"><span class=\"ez-toc-section\" id=\"What_are_the_Benefits_of_the_Start-up_India_Scheme\"><\/span>What are the Benefits of the Start-up India Scheme?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Start-up India Scheme offers multiple advantages to entrepreneurs:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Category<\/strong><\/td><td><strong>Key Features<\/strong><\/td><\/tr><tr><td><strong>Financial Support<\/strong><\/td><td>&#8211; Startup India Seed Fund Scheme (SISFS) for proof of concept, product development, and commercialization<br>&#8211; Fund of Funds by SIDBI to improve funding availability<\/td><\/tr><tr><td><strong>Tax Benefits<\/strong><\/td><td>&#8211; Three-year income tax holiday<br>&#8211; Exemption from capital gains tax on certain investments<\/td><\/tr><tr><td><strong>Ease of Operations<\/strong><\/td><td>&#8211; Simplified regulatory processes<br>&#8211; Freedom from frequent inspections<\/td><\/tr><tr><td><strong>Intellectual Property Rights (IPR)<\/strong><\/td><td>&#8211; Reduced patent registration fees- Fast<br>-tracked patent applications- Access to IPR facilitators<\/td><\/tr><tr><td><strong>Infrastructure Support<\/strong><\/td><td>&#8211; Incubators under Public-Private Partnerships (PPP)<br>&#8211; 35 new incubators in existing institutions funded by central, state, and private sectors<br>&#8211; Promotion of Atal Innovation Mission for entrepreneurship and talent utilization<\/td><\/tr><tr><td><strong>Networking Opportunities<\/strong><\/td><td>&#8211; Connect with mentors, investors, and accelerators<br>&#8211; Access to knowledge modules, workshops, and startup fests<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Get ready to crack government job exams with leading educators<\/strong><\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/courses\/?ref=contac-aib\" target=\"_blank\" rel=\"noreferrer noopener\">Enroll in Online Live Classes Today!<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-does-the-government-promote-startup-culture-in-india\"><span class=\"ez-toc-section\" id=\"How_does_the_Government_Promote_Startup_Culture_in_India\"><\/span>How does the Government Promote Startup Culture in India?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The government has implemented various initiatives to strengthen startup culture:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Atal Innovation Mission (AIM):<\/strong> Encourages entrepreneurship and supports self-employment through mentoring and funding.<\/li>\n\n\n\n<li><strong>Incubators in PPP Mode:<\/strong> Professional management of government-supported incubators with funding from central, state, and private sectors.<\/li>\n\n\n\n<li><strong>I-MADE Program:<\/strong> Focuses on building <strong>1 million mobile app startups<\/strong> in India.<\/li>\n\n\n\n<li><strong>Pradhan Mantri Mudra Yojana (PMMY):<\/strong> Provides <strong>low-interest loans<\/strong> to entrepreneurs from low-income backgrounds.<\/li>\n\n\n\n<li><strong>Annual Start-up Fest:<\/strong> A national platform for startups to connect with investors, government officials, and other stakeholders.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-are-the-state-rankings-under-the-startup-india-scheme\"><span class=\"ez-toc-section\" id=\"What_are_the_State_Rankings_Under_the_Startup_India_Scheme\"><\/span>What are the State Rankings Under the Startup India Scheme?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The <strong>States\u2019 Startup Ranking Framework<\/strong> evaluates the efforts of states and union territories in promoting startups. Rankings are based on policies, incubators, innovation, scaling, regulatory reforms, and communications.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Best Performer:<\/strong> Gujarat<\/li>\n\n\n\n<li><strong>Top Performers:<\/strong> Karnataka, Kerala<\/li>\n\n\n\n<li><strong>Leaders:<\/strong> Maharashtra, Odisha, Rajasthan, Bihar, Chandigarh<\/li>\n\n\n\n<li><strong>Emerging States:<\/strong> Assam, Delhi, Mizoram, Sikkim<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/test-series\/?ref=contac-ai\" target=\"_blank\" rel=\"noreferrer noopener\">Attempt a free mock test Now!<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-does-startup-india-align-with-other-government-initiatives\"><span class=\"ez-toc-section\" id=\"How_does_Startup_India_Align_with_Other_Government_Initiatives\"><\/span>How does Startup India Align with Other Government Initiatives?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Startup India is linked with other government programs:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Make in India:<\/strong> Strengthens manufacturing and startup opportunities<\/li>\n\n\n\n<li><strong>Digital India:<\/strong> Promotes tech-based startups and digital entrepreneurship<\/li>\n\n\n\n<li><strong>Skill India:<\/strong> Builds human capital for innovative startups<\/li>\n\n\n\n<li><strong>Stand-Up India:<\/strong> Facilitates loans and financial support for women and marginalized entrepreneurs<\/li>\n<\/ul>\n\n\n\n<p><strong>Also Check: <a href=\"https:\/\/www.oliveboard.in\/blog\/government-schemes\/?ref=contac-aib\" target=\"_blank\" rel=\"noreferrer noopener\">List of Government Schemes of India<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-key-takeaways\"><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Topic<\/strong><\/td><td><strong>Key Points<\/strong><\/td><\/tr><tr><td>Launch Date<\/td><td>16th January 2016<\/td><\/tr><tr><td>Launched By<\/td><td>Arun Jaitley, Finance Minister<\/td><\/tr><tr><td>Administered By<\/td><td>DPIIT, Ministry of Commerce and Industry<\/td><\/tr><tr><td>Eligibility<\/td><td>Private Ltd, LLP, Partnership, &lt;10 years old, turnover &lt; \u20b9100 crore<\/td><\/tr><tr><td>Key Pillars<\/td><td>Funding support, Incubation &amp; partnerships, Simplification &amp; handholding<\/td><\/tr><tr><td>Funding Schemes<\/td><td>SISFS, Fund of Funds (\u20b910,000 crore)<\/td><\/tr><tr><td>Tax Benefits<\/td><td>3-year income tax holiday, capital gains exemptions<\/td><\/tr><tr><td>IPR Support<\/td><td>Reduced patent fees, fast-tracked applications<\/td><\/tr><tr><td>Infrastructure Support<\/td><td>Incubators, innovation hubs, Atal Innovation Mission<\/td><\/tr><tr><td>Networking &amp; Resources<\/td><td>Mentors, investors, accelerators, startup fests<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/previous-year-papers\/?ref=contac-ai\" target=\"_blank\" rel=\"noreferrer noopener\">Solve Free Previous Year Papers Today<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-questions-based-on-startup-india-scheme\"><span class=\"ez-toc-section\" id=\"Questions_Based_on_Startup_India_Scheme\"><\/span>Questions Based on Startup India Scheme<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Q1.<\/strong> When was the Startup India Scheme officially launched?<br>A) 15th August 2015<br>B) 16th January 2016<br>C) 26th January 2016<br>D) 1st April 2016<br>E) 2nd October 2015<br><strong>Answer:<\/strong> B<\/p>\n\n\n\n<p><strong>Q2.<\/strong> Which ministry administers the Startup India Scheme?<br>A) Ministry of Finance<br>B) Ministry of Commerce &amp; Industry<br>C) Ministry of Education<br>D) Department for Promotion of Industry and Internal Trade (DPIIT)<br>E) Ministry of MSME<br><strong>Answer:<\/strong> D<\/p>\n\n\n\n<p><strong>Q3.<\/strong> Which of the following entities is <strong>not eligible<\/strong> under Startup India?<br>A) Limited Liability Partnership (LLP)<br>B) Private Limited Company<br>C) Partnership Firm<br>D) Reconstruction of an existing business<br>E) Innovative startup<br><strong>Answer:<\/strong> D<\/p>\n\n\n\n<p><strong>Q4.<\/strong> What is the maximum turnover for a startup to qualify for Startup India recognition?<br>A) \u20b950 crore<br>B) \u20b9100 crore<br>C) \u20b9150 crore<br>D) \u20b9200 crore<br>E) \u20b9500 crore<br><strong>Answer:<\/strong> B<\/p>\n\n\n\n<p><strong>Q5.<\/strong> What is the tenure limit for a startup to be eligible under Startup India?<br>A) 5 years<br>B) 7 years<br>C) 10 years<br>D) 12 years<br>E) 15 years<br><strong>Answer:<\/strong> C<\/p>\n\n\n\n<p><strong>Also Read:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Government Schemes<\/strong><\/td><td><strong>Government Schemes<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/www.oliveboard.in\/blog\/one-nation-one-subscription-onos\/?ref=contac-aib\" target=\"_blank\" rel=\"noreferrer noopener\">One Nation One Subscription<\/a><\/td><td><a href=\"https:\/\/www.oliveboard.in\/blog\/ayushman-bharat-scheme\/?ref=contac-aib\" target=\"_blank\" rel=\"noreferrer noopener\">Ayushman Bharat Scheme<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/www.oliveboard.in\/blog\/aatmanirbharta-in-pulses\/?ref=contac-aib\" target=\"_blank\" rel=\"noreferrer noopener\">Aatmanirbharta in Pulses<\/a><\/td><td><a href=\"https:\/\/www.oliveboard.in\/blog\/national-broadband-mission-2-0\/?ref=contac-aib\" target=\"_blank\" rel=\"noreferrer noopener\">National Broadband Mission 2.0<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/www.oliveboard.in\/blog\/pm-dhan-dhaanya-krishi-yojana-pmddky\/?ref=contac-aib\" target=\"_blank\" rel=\"noreferrer noopener\">Pradhan Mantri Dhan Krishi Yojana<\/a><\/td><td><a href=\"https:\/\/www.oliveboard.in\/blog\/stand-up-india-scheme\/?ref=contac-aib\" target=\"_blank\" rel=\"noreferrer noopener\">Stand Up India Scheme<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/www.oliveboard.in\/blog\/gst-2-0\/?ref=contc-aib\" target=\"_blank\" rel=\"noreferrer noopener\">All About GST 2.0<\/a><\/td><td><a href=\"https:\/\/www.oliveboard.in\/blog\/green-credit-program-earn-rewards-for-a-greener-world\/?ref=contac-aib\" target=\"_blank\" rel=\"noreferrer noopener\">National Green Credit Programme<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Q6.<\/strong> Which scheme provides funding for proof of concept, prototype development, and commercialization?<br>A) Stand-Up India<br>B) Startup India Seed Fund Scheme (SISFS)<br>C) Pradhan Mantri Mudra Yojana (PMMY)<br>D) Atal Innovation Mission<br>E) Make in India<br><strong>Answer:<\/strong> B<\/p>\n\n\n\n<p><strong>Q7.<\/strong> Which of the following is a key pillar of the Startup India Scheme?<br>A) Funding support<br>B) Industry-academia partnership<br>C) Simplification and handholding<br>D) All of the above<br>E) None of the above<br><strong>Answer:<\/strong> D<\/p>\n\n\n\n<p><strong>Q8.<\/strong> Who inaugurated the Startup India Scheme?<br>A) Narendra Modi<br>B) Arun Jaitley<br>C) Nirmala Sitharaman<br>D) Piyush Goyal<br>E) Amit Shah<br><strong>Answer:<\/strong> B<\/p>\n\n\n\n<p><strong>Q9.<\/strong> Which program focuses on building 1 million mobile app startups in India?<br>A) Make in India<br>B) I-MADE<br>C) Skill India<br>D) Stand-Up India<br>E) Atal Innovation Mission<br><strong>Answer:<\/strong> B<\/p>\n\n\n\n<p><strong>Q10.<\/strong> Which state was ranked as the best performer in Startup India 2020 rankings?<br>A) Karnataka<br>B) Gujarat<br>C) Maharashtra<br>D) Kerala<br>E) Rajasthan<br><strong>Answer:<\/strong> B<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<ul class=\"wp-block-latest-posts__list is-grid columns-3 wp-block-latest-posts\"><li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/how-to-clear-multiple-government-exams\/\">How Some Aspirants Clear Multiple Government Exams: Strategy, Discipline &amp; Exam Psychology<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/crop-diversification-program\/\">Crop Diversification Program, Transforming Indian Agriculture<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/important-government-schemes-nabard-grade-a\/\">Government Schemes for NABARD Grade A 2026<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/national-dairy-plan-phase-1-phase-2\/\">National Dairy Plan Phase 1 and Phase 2, Boosting India\u2019s Dairy Sector<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/mera-gaon-mera-gaurav-scheme\/\">Mera Gaon Mera Gaurav Scheme, Bridging Lab to Land<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/farmers-first-initiative\/\">Farmers First Initiative, Empowering Farmers Through Innovation<\/a><\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>The Start-up India Scheme is a flagship initiative by the Government of India aimed at promoting innovation, entrepreneurship, and 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