To serve as
the single platform for Startups for interacting with Government and Regulatory Institutions for all business needs and information exchange among various stakeholders
In order to commence operations, Startups require
registration with relevant regulatory authorities.
Delays or lack of clarity in registration process may lead to delays in
establishment and operations of
Startups, thereby reducing the ability of the business
to get bank loans, employ workers and generate incomes. Enabling registration process in an easy and timely manner can reduce this
burden
significantly.
Besides, Startups often suffer from the uncertainty regarding the exact regulatory requirements to set up its operations. In
order to ensure that such information is
readily available, it is intended that a checklist of required licenses covering labour licensing,
environmental clearances etc. be made available. Currently, the Startup ecosystem in
India also
lacks
formal platform(s) for
Startups to connect and collaborate with other ecosystem partners.
Towards these efforts, the Government shall introduce a Mobile App to provide on-the-go
accessibility for:
• Registering Startups
with relevant agencies of the Government. A
simple form shall be made available for
the
same. The Mobile App shall
have backend integration with Ministry of Corporate Affairs and Registrar of
Firms
for seamless
information exchange
and processing of
the registration application
• Tracking the status of the registration application and anytime downloading of the registration certificate. A digital version of
the final registration
certificate shall be made
available for downloading through the Mobile App
• Filing
for compliances and obtaining
information on various clearances/ approvals/ registrations
required
• Collaborating with various Startup ecosystem partners. The
App
shall
provide a collaborative
platform with a national network of stakeholders (including venture funds, incubators, academia, mentors etc.) of the Startup ecosystem to have discussions towards enhancing and bolstering the
ecosystem
• Applying for various schemes being undertaken under the Startup India Action Plan
The
App shall be made available from April 01, 2016 on all leading mobile/ smart
devices’
platforms. The
Startup portal shall have similar functionalities (being
offered through the mobile app) using a richer
web-based User Interface.
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