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September, 2020
September, 2019
May, 2016
The scheme is designed to support Indian startups and innovators in the realm of Intellectual Property (IP) by facilitating the filing and prosecution of IP applications. It requires startups to self-declare that they have not received funds from other government schemes for paying facilitators or agents involved in the IP process to ensure effective utilisation of the scheme's resources. The scheme provides financial support to startups by covering the fees of facilitators, who assist in the IP application process. This support is directly paid by the Central Government, ensuring that eligible applicants do not bear these costs. However, the statutory fees for the actual IP applications are the responsibility of the applicants themselves. The scheme also emphasizes the importance of maintaining the ownership rights of the IPR with the applicants, ensuring that neither the facilitators nor the government claim any ownership over the IP generated.
January, 2016
This initiative aimed at fostering a strong ecosystem for innovation and startups, which is expected to drive sustainable economic growth and create large-scale employment opportunities. A significant aspect of the plan is the reduction of regulatory burdens on startups, allowing them to concentrate on their core business activities while keeping compliance costs low. The initiative also includes the establishment of ‘world-class’ incubators, with financial assistance provided to selected incubators to enhance their service offerings and serve as reference models for others. The plan emphasises collaboration between industry and academia through joint research projects, ensuring that research and funding are relevant to industry needs.
August, 2015
The report primarily focuses on the establishment and objectives of the Atal Innovation Mission (AIM) and the SETU (Self Employment and Talent Utilization) program with the overarching goal of fostering a culture of entrepreneurship and innovation in India. It highlights the government's commitment to initially allocate Rs. 150 crores for AIM to create an umbrella structure to oversee the innovation ecosystem in the country and provide platforms and collaboration opportunities for stakeholders, study and suggest best practices, and offer policy inputs to NITI Aayog and other government departments. The SETU program is designed as a Techno-Financial, Incubation, and Facilitation Programme, with an initial allocation of Rs. 1000 crores intended to support start-up businesses and self-employment activities, particularly in technology-driven areas. The report also emphasises the need to review existing initiatives aimed at promoting innovation and entrepreneurship, with a focus on efforts that lead to widespread job growth and the creation of globally competitive enterprises. The committee is tasked with making short and medium-term recommendations for actionable policy initiatives to create an innovation and entrepreneur-friendly ecosystem. It also identifies the need to address any related issues that may arise in the process of implementing these initiatives.
