PM Modi‘s mantra for innovation in India for startup founders is “keep your dreams local, make them global.” With evolving technologies, the number of startups has gone up in recent times. To promote more startups, the government has enabled a special portal for startups called Startup India, where the founders can get access to various benefits such as the organization’s initiatives, online courses to enhance their startups, government schemes for startups, online showcase, fund schemes, startup recognition, and make legal money out of it. Other useful information is also available in the portal, including the National Startup Awards and registration, which not only helps the startups to improve but also allows them to work within a bureaucratic atmosphere. Along with success and experience, startups also visualize the actual image of politics, which is often seen as corrupted by civilians.
During their initial stages, startups go through tough times. This can lead to the failure of startups, or it can lead to their survival and expansion after a few years of experience and internal reforms.
When a startup collapses, it gradually frightens the novice men. To prevent this, the government of India has developed a space for startups where they can grow with innovation and derive sustainability. Startups from the technology sector to agriculture, manufacturing processes, social services, healthcare, education, etc. from tier 1 cities to tier 3 cities, including semi-urban areas, can join this ecosystem of Startup Action Plans and flourish. Founders can directly visit the portal- Startup India and navigate themselves through the ‘Program’ search bar. The very first option that comes up is ‘How to Partner with Startup India?’. Over 150 corporates and government departments have made mutual connections to date, and 10 plus International chains have been developed through this portal.
Here are some of the success stories of startups that worked with the government and accelerated their pace:
1) Bare Necessities
The founder of this startup, Sahar Mansoor, is an environmental activist and creates awareness about the rising concerns of garbage on our planet. During her initial days of the startup journey, she came across the negativity connected with our garbage to personal concerns. To stop being part of the problem, she came up with the startup Bare Necessities (BN), which is not just about selling products but also creating an earth-friendly lifestyle. BN seeks to change the narrative on waste in India. Startup India facilitated a variety of opportunities. The most beneficial for this startup included financial initiatives (discount while filing trademark), startup competitions such as the single-use plastic challenge, and international opportunities in March 2020. This startup was part of the C-ll Startup India delegation, held in Bhutan.
An artificial intelligence startup has won the Tech4Future Grand Challenge, cash price support of $50,000, and 2-3 months of incubation support in Japan, with SoftBank. This challenge was launched as a part of the launch of the Japan-India Startup Hub by the Hon’ble Prime Minister Modi. ParallelDots is a venture-funded artificial intelligence company that develops high-impact solutions for real-world problems. Angam Parashar’s startup received worldwide experience with the help of Startup India, after participating in a challenge launched by Tech4Future in November 2018. Among 300 other participants, ParallelDots flourished and gained valuable experience.
To sum it up,
Apart from startups, there are several opportunities nationwide where youths can work with the government of India and send strong signals to the younger ones. After being hired, young people with strong coding skills can work as interns in the Defence Research and Development Organization. There are ways in which startups can tie up with the government or get benefits and support from the government. All we need to do is to explore bureaucracy and verify for ourselves if things are really as messed up as predicted by others.
Also Checkout: HCL to introduce ‘Hire to Retire’