Startup & MSME Support refers to the government programs and schemes designed to assist Startups and Micro, Small, and Medium Enterprises (MSMEs) in overcoming challenges like limited funding, resources, and market access. These supports include tax exemptions, easier access to financing, and simplified regulatory frameworks.
For Startups, government support includes initiatives like DPIIT recognition, which grants benefits such as tax exemptions, funding through the Fund of Funds for Startups, and intellectual property advantages. Additionally, schemes like Startup India and Atal Innovation Mission encourage innovation, research, and networking for startups.
For MSMEs, the government offers Udyam registration, which provides access to various schemes, credit support like CGTMSE for collateral-free loans, and subsidies for technology upgradation. MSMEs also benefit from preferential treatment in government procurement, training programs, and easier tax compliance under GST.
Together, these initiatives foster the growth of startups and MSMEs by providing them with financial assistance, market access, and capacity-building opportunities.
