DPIIT Recognition
A programme by Department for Promotion of Industry and Internal Trade (DPIIT) (Department for Promotion of Industry and Internal Trade)
Eligible companies can get recognised as Startups by DPIIT, in order to access a host of tax benefits, easier compliance, IPR fast-tracking and more.
About DPIIT Recognition
Under the Startup India initiative, eligible companies can get recognised as Startups by DPIIT, in order to access a host of tax benefits, easier compliance, IPR fast-tracking & more. A startup must meet certain criteria to be considered eligible for DPIIT Recognition. Normal Recognised: Company Age not exceeding 10 years, Annual Turnover not exceeding Rs. 200 crore. Deeptech Recognised: Company Age not exceeding 20 years, Annual Turnover not exceeding Rs. 300 crore. Incorporated as a Private Limited Company, Registered Partnership Firm, Limited Liability Partnership, or Cooperative Society. The entity should not have been formed by splitting up or reconstructing an existing business. The entity should work towards the development or improvement of a product, process, or service and/or have a scalable business model with high potential for wealth and employment generation.
Where to apply
Other DPIIT programmes
- Startup India Seed Fund Scheme (SISFS)Provides financial assistance to startups for proof of concept, prototype development, product trials, market entry, and commercialisation.
- MAARG (Mentorship, Advisory, Assistance, Resilience and Growth Portal)Facilitates intelligent matchmaking between mentors and startups across varied sectors at scale.
- National Startup AwardsA marquee initiative by Startup India, DPIIT, to recognise exceptional startups across India, creating economic impact and larger societal impact.
- SCO Startup ForumSpecialised activity conducted by DPIIT as the Chair of the SWG for Startups and Innovation, to provide assistance for the development and sustainable growth of the startup ecosystem in SCO Member States.
- Startup India Investor ConnectA dedicated platform that connects startups to investors, promotes entrepreneurship, and accelerates engagements across diverse sectors, functions, stages, geographies, and backgrounds.
- BHASKAR (Bharat Startup Knowledge Access Registry)A one-stop digital platform where diverse startup ecosystem stakeholders can seamlessly connect and collaborate.
- States’ Startup Ecosystem RankingAn annual capacity building exercise to build a conducive startup ecosystem across the country through sustained efforts of States and Union Territories.
- Self CertificationReduces the regulatory burden on Startups, allowing them to focus on core business and keep compliance costs low.
- Startup Patent Application & IPR ApplicationReduces the cost and time for a startup to acquire a patent, making it financially viable to protect innovations.
- Tax Exemption under Section 80IACEligible startups can be exempted from paying income tax for 3 consecutive financial years out of their first ten years since incorporation.
- Easy Winding up of CompanyMakes it easier for Startups to shut down or wind up operations, allowing entrepreneurs to reallocate capital and resources faster.
- Easier Public Procurement NormsMakes it easier for startups to participate in the public procurement process and access another potential market for their products.
- Credit Guarantee Scheme for Startups (CGSS)Provides credit guarantee up to a specified limit against loans extended by Member Institutions (MIs) to finance eligible DPIIT recognised Startups.
- DST - Technology Business Incubator (TBI) SchemePromotes new technology/knowledge/innovation based startups and provides a platform for speedy commercialisation of technologies by supporting the establishment of TBIs.
- DBT - BioNest SchemeScales up biotech incubation in India through BIRAC by supporting new BioNest at Academic/Research hospitals/organisations, fostering innovation and entrepreneurship, and strengthening existing incubators.
- AIM – Atal Incubation Centres (AIC) SchemePromotes and establishes incubation centres in India that would support and encourage start-ups in specific subjects/sectors.
- MeitY – TIDE 2.0 SchemeAims to establish Incubation centres categorised into 3 distinct groups (G1C, G2C, G3C) to offer deep support to startups and nurture innovation ecosystems.
- Startup India Fund of Funds SchemeA corpus for contribution to various AIFs registered with SEBI for funding of startups.
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