Note: The views & opinions expressed in these essays are strictly my own, and not those of any entity I may be associated with as an employee, consultant, promoter, investor, etc.ARCHIVES
Technology Entrepreneurship in India - Teams
Technology Entrepreneurship in India - Generating Revenue
Technology Entrepreneurship in India - Raising Capital
Equities, ETFs, F&O
Oct 2011: Equity Risk Premium for India
Jun 2011: Investing in Indian equities
Technology Enterprises in India
Nov 2010: Technology investment in India - WATER
Aug 2010: Technology enterprises in India - 3 avatars
Risk Capital for MSMEs
Mar 2010: Risk mitigation for investors in MSMEs
Mar 2010: Why don't (Indian) MSMEs get risk capital?
Feb 2010: Angel investing - Will it work for Indian MSMEs?
Feb 2010: What's so special about innovative MSMEs?
Feb 2010: Where do Indian/NRI (V)HNIs invest?
Feb 2010: Funding options for innovative MSMEs in India
Jan 2010: Innovative MSMEs in India
Government support for Indian startups
(Last revised Mar-2012, Send comments to firstname.lastname@example.org)
Technology ventures in India must seriously consider (financial) support from the government during their early years. In response to the big gap in very early-stage risk capital (Rs 5 lakh - Rs 1 crore), the GoI has launched a variety of funding schemes. These range from outright grants for individuals to (matched) soft loans and equity capital for private limited companies.
Amounts greater than 1 crore are available to:
There are indirect sources of government support as well. For example, a science venture with an R&D lab can get an exemption from the customs & excise duties, if it obtains DSIR recognition. Considering that such duties on (expensive!) imported equipment can add 25%+ to the cost, the exemption is a huge benefit.
To tap GoI support for your startup: