Role of Startup India Ecosystem and Venture Capital

PREM CHAND GUPTA Research Scholar,Department of Economics Sri Satya Sai University of Technology & Medical Science, Sehore, Madhay Pradesh, (India) , Astract:Startup India is a dream project of our Hon’ble prime minister Shri Narendra Modi, this scheme “Startup India” is a flagship initiative of Government of India intend to create a strong ecosystem for nurturing innovation and startup in the country that will drive a sustainable economic growth and will generate a large scale of employment opportunities. With this action plan government hopes to accelerate spreading of startups movement, this action plan based on funding support and incentives, industry academic partnership and incubation, simplification and handholding. This scheme provides a supporting plate form for entrepreneur for startup the business with simplifying process with recognition, tax benefits , advertisement, training support by experience and industry expert. There are various Venture Capitalist, Banks, SIDBI, and States are committed to participate and supporting towards establishment of startups