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Meeting of the Commerce and Industry Minister with Incubators and Accelerators

News and Press Release - Dated:- 10-1-2017 - The Commerce and Industry Minister, Smt. Nirmala Sitharaman, held a meeting with various incubators and accelerators to gather feedback, hear their concerns and address key challenges faced by them in the .....

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mentorship & handholding support and above all foster a culture of innovation. It is therefore incumbent on the Government of India to support the incubators/accelerators so that they in turn can nurture startups, which would help India become a .....

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nition of incubators, accelerators, co-working spaces and mentors as Startup builders Service tax exemption is being currently provided to incubators duly recognized by Government; it should be extended to other incubators as well. The requirement of .....

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lpful; a similar seed stage funding from 5-10 lacs for startups was proposed. Startups registered with incubators need to get their valuation done which is a financial burden on them. Startups below a particular threshold may be exempted from the sam .....

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