National Startup Day Flashcards
National Startup Day
16th Jan
Week long event to mark 6th anniversary of the “Startup India” Initiative hosted by
Department for promotion of Industry and Internal Trade (DPIIT) and Min of Commerce and Industry
No. Of startups grown to …. From 500 just give years ago
60,000
Working across nearly 55 Industry sectors
42 unicorns (startups valued at over $1 billion)
Govt sanctioned an additional 30 crore under the Startup India Seed Fund Scheme (SISFS)
India third largest base for unicorns in the world after USA(487 unicorns) and China(301 unicorns)
Acc to CB insights globally how many unicorns startups
963
In 2013-14 patents registered were 4000, in 2020-21?
28,000
Startups play a major role in
Defence Manufacturing, EV charging, infrastructure, chip manufacturing and drone sector
Recent Measures post COVID
DPIIT had launched United against Covid-19 Innovation Challenge to identify innovative solutions to combat COVID-19
SIDBI launched Covid-19 Startup Assistance Scheme (CSAS) which aims to aid innovative startups and ensure its employee’s safety and financial stability
SIDBI launched Make in India Soft Loan Fund for Micro, Small and Medium Enterprises (SMILE) for financing Healthcare sector