Presentation made before the students of Entrepreneurship Students of BJVM, Vallabh Vidyanagar on startup India initiative..

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5. Economicdevelopment
Factor . investment..> innovation. >>> wealth
Michael E Porter: Stages of Economic Development
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6. Social Contract,
Beyond social needs
towards Economic
aspirations
Demographic profile
-65% of population
aged under 35
(50% - Under 25
has) who would
drive political, social
and economic
change.
This change will
be positive and
long term when
there is a quantum
jump in livelihood
opportunities
Aspirational Tipping point
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7. Options..?
 Organized or the informal sector?
 Service, agriculture or manufacturing sectors?
 Rural or Urban areas?
 Through jobs or through entrepreneurship?
Challenge is in transforming this into an opportunity for faster and
equitable growth…
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8.  Entrepreneurship is the paramount enabler of livelihoods in India.
 We believe that the Social Contract will be strengthened if people
are empowered with a means of decent livelihood.
 Entrepreneurship based on socially impacting transformative
technologies and business ideas will alter the course and tackle the
pressing issue and in the process, convert them into livelihood
opportunities in plenty.
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9.  Initial Mentoring
 Organizational Structure related challenges
 Support services Requirements (Infrastructural, professional,
government support etc.)
 Funding Challenges
 Marketing + Brand Building
 Employee acquisition & Retention challenges
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10. Growth Capital
From Investment
Funds / PE
BIG GAP
on Financial
Conveyor Belt
Grant Capital from
Donors and
Philanthropies
(Previous DM)
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12. What if your idea
is just not an
idea?
What if it sees
light?
What if it really
born?
What if you can
get someone to
believe in it?
And help you
nurture it?
What if you can
set a clear path
for it?
What if it can
actually travel?
What if it grows
and blooms?
What if the whole
world embraces
it?
(Abstract from #startupindia Action Plan)
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13.  Entity, incorporated or registered in India
(Private Limited Company, Registered Partnership Firm or
Limited Liability Partnership)
 Not prior to 5 years,
 With annual turnover not exceeding INR 25 Crores in any preceding
financial year
 Working towards innovation, development, deployment and commercialization
of new products, processes or services driven by technology or intellectual
property
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14.  Be supported by a recommendation from an incubator established in a post
graduate college in India or
 Supported by an incubator funded by Government of India or
 Supported by a recommendation from an Incubator recognized by GoI, or
 Be Funded by an Incubation Fund/ Angel Fund / Private Equity Fund /
Accelerator / Angel Network / Alternate Investment Fund duly registered with
SEBI or
 Be Funded by GoI for promotion of any innovation
 Have a patent registered with Indian Patent and Trademark office
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15.  Compliance Regime based on Self Certification
 Start up India Hub
 Rolling out Mobile App & Portal
 Legal Support and Fast Tracking Patent examination at lower costs
 Faster Exit for Startups
 Providing Funding support through a Fund of Funds with a corpus of INR
10,000 Crore
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16.  Credit Guarantee Fund for Startups
 Tax Exemption on Capital Gains
 Tax Exemption to startups for 3 years
 Organizing startup fests for showcasing innovation and providing a
collaboration platform
 Launch of Atal Innovation Mission (AIM) with Self Employment and Talent
Utilization (SETU)
 Harnessing Private Sector Expertize for Incubator Setup
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17.  Building Innovation centers at National Institutes
 Setting up 7 New Research parks modeled on research park set up of IIT
Madras
 Promoting startups in biotechnology sectors
 Launching of Innovation Focused Programmes for students
 Annual Incubator Grand Challenge
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18. • A nation’s economic development is powered by competitiveness.
• Competitiveness is powered by Knowledge Power
• Knowledge Power is powered by Technology & Innovation
• Technology and Innovation is powered by resource investment
• Resource investment is powered by revenue & returns on Investment
• Revenue is powered by Volume & repeat sales through customer loyalty
• Customer loyalty is powered by quality & value of products
• Quality & value of products is powered by employee productivity & innovation
• Employee Productivity is empowered by employee loyalty, employee satisfaction & working
environment
• Working environment is powered by management stewardship and sound management
• Management Stewardship is powered by Creative Leadership
- By Dr. Abdul Kalam on Aashray Inauguration
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19. Contact Details:
Sanket Shah
sanket@in3ventures.org
+91 9998 567 437
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