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Startup India Registration
A "Startup India Registration" is a process where a company can get recognized as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT) under the "Startup India" initiative, allowing them to access various benefits on the Government e-Marketplace (GeM) portal, including easier access to government tenders, relaxed bidding criteria, and the ability to sell their products directly to government entities without needing extensive prior experience or turnover. The Startup India registration helps new and innovative businesses qualify for government benefits, funding, and incentives.
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Key Points about Startup India Registration on GeM
- Access to Government Procurement: Once registered as a Startup on the GeM portal, a company can directly participate in government tenders and sell their products or services to various government departments.
- Benefits on GeM Platform: Startups often receive benefits like relaxation in turnover requirements, reduced Earnest Money Deposit (EMD), and exemptions from past performance criteria when bidding on government contracts on GeM.
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Startup Runway
GeM has a dedicated "Startup Runway" section where recognized startups can showcase their innovative products and services to government buyers.
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Overall Benefits of Startup India Registration
- Simplified Compliance: Easier compliance with labor and environmental laws through self-certification.
- Tax Benefits: Potential tax exemptions and deductions for startups.
- Intellectual Property Support: Faster processing of patents and trademarks.
- Funding Access: Easier access to government funding schemes.
- Brand Recognition: Public recognition as a government-approved startup.
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Our Assistance
We assist businesses in obtaining Startup India registration, allowing you to qualify for government benefits, funding, and incentives.
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Contact Us
Contact us today to get your Startup India registration and unlock business opportunities on GeM!