Start-up India Innovation Week

  

The Department for Promotion of Industry and Internal Trade (DPIIT) is going to organise Start-ups India Innovation Week during January 10-16 2022.

Start-ups India Innovation Week is a virtual innovation celebration, to be organised with the aim of commemorating the 75th year of India's Independence. 

It has been designed to showcase the spread and depth of entrepreneurship in India.

The programme is likely to bring together top policy makers, industry, investors, academia, all ecosystem enablers and start ups from.

Start-ups India innovation week will comprise of the sessions on topics including:

1- Enhancing market access opportunities 

2- Discussions with industry leaders

3- Best practices by states

4- Capacity building of enablers 

5- Reverse pitching by incubators

6- Technology exhibitions

7- Corporate connects etc.

Scheme-

Start-up India scheme was lauched on January 16, 2016 with the aim of promoting and supporting the start-ups in India by providing bank finances. Scheme was inaugurated by the former finance minister, Arun Jaitley. It is organised by the Department for promotion of industry & internal trade. Scheme was started with the objective of dicarding restrictive states government policies including License Raj. Foreign Investment Proposals, Land Permissions and Environment Clearances.

Benefits- 

1. It Reduces the patent Registration Fees. 
2. it improves the Bankruptcy Code and ensures a 90 day exit window and provides freedom from mystifying inspections and capital gain tax during first 3 years of operation.
3. it creates innovation hub under Atal Innovation Mission and encourages entrepreneurship across India.