The objectives of the Startup India Movement are outlined below. The action plan envisages supporting the startups and more:

• Enhanced infrastructure, including incubation centres
• IPR facilitation, including easier patent filing
• The better regulatory environment, including the tax benefits, easier compliance, improved setting up of a company, fastest mechanism and more.
• A goal to increase the funding opportunities
• Provide a vast networking database for the entrepreneurs and other stakeholders in the startup ecosystem.

• Period of Existence of Entity : The Period of existence and operations of the company should not exceed 10 years from the date of formation


• Type of Entity: The DPIIT Certificate of Recognition is provided for the company which is incorporated as a Private Limited Company, a Limited Liability Partnership (LLP) or a Registered Partnership Firm.


• Annual Turnover: To be eligible for the DPIIT Certificate of Recognition, the company must have an annual turnover of Rs. 100 crore in any of the fiscal years since its inception.


• Original Entity: To be eligible for the DPIIT Certificate of Recognition, the company must not have been formed by splitting up or recreating an already existing entity.


• Innovative & Scalable Entity: The entity should be working towards development or improvement of a product, process or service.


• The entity should have a scalable business model with a high potential for wealth and employment creation. The company should have the potential to create jobs or wealth.