Start up Registration

The main purpose behind a startup is to grow faster & provide something to fulfill the market gap in any industry. There are no fixed parameters set for a startup, as they are totally independent to some level. Startups initiate with a product concept & strive to grow at pace. It’s not vital that all Startups make a profit during their initial stage.

A startup is registered with an objective to solve a problem. For a startup to be registered with the Startup India initiative, it must be working towards innovating something new or improving the existing technology to solve a problem.

The Startup India Initiative

It’s a newly established Company, generally small, which is started by one or more people. The main purpose behind a startup is to grow faster & provide something to fulfill the market gap in any industry. There are no fixed parameters set for a startup, as they are totally independent to some level. Startups initiate with a product concept & strive to grow at pace. It’s not vital that all Startups make a profit during their initial stage.

The Startup India Initiative, championed by the Indian government, aims to nurture aspiring entrepreneurs. The accompanying Startup India Scheme provides crucial financial and mentoring support for the growth and expansion of startup companies. This initiative not only promotes startups but also focuses on creating employment opportunities.

A : Enhanced Infrastructure, including incubation centers.

B : A goal to increase the funding opportunities

C : Provide an extensive networking database for the entrepreneurs & other stakeholders in the startup ecosystem.

Eligibility Criteria for the Registration

The Startup India Registration Certificate or DPIIT Certificate of Recognition is provided for the company which is registered as an LLP, Private Limited Company, or a registered Partnership Firm.

To get the Registration Certificate, the firm should have an annual turnover of less than Rs. 100 crores for any of the previous Financial Year.

The entity or company should be working towards improvement/development of a product, service, or process.

The entity or company should have a scalable business model with high potential for the creation of wealth & employment. The company or firm should have the capability to generate employment or create wealth.

The period of Company’s operations or existence shouldn’t exceed 10 years from the date of formation.

Applicants shouldn’t have defaulted with any financial institution in the past.

Document Required

  • CoI or Certificate of Incorporation
  • MoA (Memorandum of Association) & AoA (Articles of Association)
  • List of all designated Directors and Partners
  • Contact details of all the Directors or Partners
  • Latest Photos of all the Directors and Partners
  • Details regarding the amount of investment and investors.
  • Details of IPR Registration
  • Website or Mobile App link (if any)
  • Growth Plan and Business Plan
  • Udyam Registration or MSME Registration
  • Brief write-up on how the business is working towards (innovation in the industry, high potential for wealth creation, potential for employment generation).