To serve as the single platform for Startups for interacting with Government and Regulatory Institutions for all business needs and information exchange among various stakeholders
Details
In order to commence operations, Startups require registration with relevant regulatory authorities.
Delays or lack of clarity in registration process may lead to delays in establishment and operations of Startups, thereby reducing the ability of the business to get bank loans, employ workers and generate incomes. Enabling registration process in an easy and timely manner can reduce this burden significantly.
Besides, Startups often suffer from the uncertainty regarding the exact regulatory requirements to set up its operations. In order to ensure that such information is readily available, it is intended that a checklist of required licenses covering labour licensing, environmental clearances etc. be made available. Currently, the Startup ecosystem in India also lacks formal platform(s) for Startups to connect and collaborate with other ecosystem partners.
Towards these efforts, the Government shall introduce a Mobile App to provide on-the-go accessibility for:
• Registering Startups with relevant agencies of the Government. A simple form shall be made
available for the same. The Mobile App shall have backend integration with Ministry of Corporate
Affairs and Registrar of Firms for seamless information exchange and processing of the
registration application
• Tracking the status of the registration application and anytime downloading of the registration
certificate. A digital version of the final registration certificate shall be made available for
downloading through the Mobile App
• Filing for compliances and obtaining information on various clearances/ approvals/ registrations
required
• Collaborating with various Startup ecosystem partners. The App shall provide a collaborative
platform with a national network of stakeholders (including venture funds, incubators, academia,
mentors etc.) of the Startup ecosystem to have discussions towards enhancing and bolstering the
ecosystem
• Applying for various schemes being undertaken under the Startup India Action Plan
The App shall be made available from April 01, 2016 on all leading mobile/ smart devices’ platforms. The Startup portal shall have similar functionalities (being offered through the mobile app) using a richer web-based User Interface.
DIPP
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