Business Studies, asked by manuelalias3586, 10 months ago

Worksheet: Answer in 20-25 words each. S.No. Question Responce 1. When was the Startup India Scheme launched in India 2. For how long an entity is recognised as startup? 3. Who is incubator? 5. List crowdfunding sites in India. 4. Who is an accelerator? 6. List active venture capital funds in India. 7. How are bootstrapping and angel funding different? 8. What is IPR? 9. Define patent.

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Answered by bhanuprakashreddy23
1

Answer:

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Noida | 21 Aug, 2016 (3 years, 8 months ago)

Startup Funding and Finances

How a start-up can apply for government funding ?

Procedure for government funding and is it euity based funding or loan based funding?

Answers

SUSHILA RAM, NEW DELHI

22 Aug, 2016 | 13:05

In order to acquire funds in Startup India, a Startup is first required to register with Startup India, and after that it is required to get a Letter of Recommendation from any of the listed Incubators that are established or recognised or funded by Government of India in any post-graduation college in India/Equity Fund/ Accelerator/Angel Network. A list of all the recognised Incubators is provided on the website of Startup India.

Once a Startup is recognised and has acquired a Letter of Recommendation from an Incubator it is eligible to get funds under the Startup India Scheme.

To receive the funds the Startup will have to pitch the idea in front of recognised Angel Investors. A list of such recognised Angel Investors by the Government of India is available on the website of Startup India

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