Abstract
A startup ecosystem is formed by people, startups in their various stages and various types of organizations in a location (physical or virtual), interacting as asystem to create and scale new startup companies. These organizations can be further divided into categories such as universities, funding organizations, support organizations research organizations, service provider organizations and large corporations.The start of 2016 witnessed the launch of the Start-up India initiative and a multitude of policies announced to help accelerate the growth of India’s startup ecosystem. The year witnessed the overall tech start-up base in India cross 4750,having grown at 10-12% . Indian start-up ecosystem also became more prudent with both investors and start-up founders focusing on profitability and optimizing the overall spend.
Highlights
Startup India campaign is based on an action plan aimed at promoting bank financing for start-up ventures to boost entrepreneurship and encourage start ups with jobs creation
The campaign was first announced by Prime Minister Narendra Modi in his Starting business ground up can be very hard especially without a proper introduction to startup
The event was inaugurated on 16 January 2016 by the finance minister Arun Jaitley
Summary
Startup India campaign is based on an action plan aimed at promoting bank financing for start-up ventures to boost entrepreneurship and encourage start ups with jobs creation. The campaign was first announced by Prime Minister Narendra Modi in his Starting business ground up can be very hard especially without a proper introduction to startup. Apart from the risk factors involved, it can be [Type text]. If you are pondering about setting out on a new business venture and are confused about the basics of startups, you’re at the right place because here, you’ll be enlightened about what a startup is and be introduced to the concept of startups
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