Eligibly criteria
Eligibility Criteria for Startup Registration
- Company Age: Period of existence and operations should not be exceeding 10 years from the Date of Incorporation
- Company Type: Incorporated as a Private Limited Company, a Registered Partnership Firm or a Limited Liability Partnership
- Annual Turnover: Should have an annual turnover not exceeding Rs. 100 crore for any of the financial years since its Incorporation
- Original Entity: Entity should not have been formed by splitting up or reconstructing an already existingbusiness
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Innovative & Scalable: Should work towards development or improvement of a product, process or service and/or have scalable business model with high potential for creation of wealth & employment
The start-up teams meeting these norms (based on self-assessment) shall submit an application for incubation in a prescribed format to the Centre. The Advisory committee, duly constituted by Governing Council of Centre, will assess the suitability of the proposal.