Lok Sabha Question No. 209 (STARRED), answered on 2023-03-15
Subject: Startup India Seed Fund Scheme
Ministry: COMMERCE AND INDUSTRY
Asked by: Pocha Brahmananda Reddy, Magunta Sreenivasulu Reddy

## GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT FOR PROMOTION OF INDUSTRY AND INTERNAL TRADE

## LOK SABHA

## STARRED QUESTION NO. 209. TO BE ANSWERED ON WEDNESDAY, THE 15 TH  MARCH, 2023.

## STARTUP INDIA SEED FUND SCHEME

## *209.  SHRI POCHA BRAHMANANDA REDDY: SHRI MAGUNTA SREENIVASULU REDDY:

## Will the Minister of COMMERCE AND INDUSTRY be pleased to state:

## वाणिज्य एवं उद्योग मंत्री

- (a) the details of the Startup India Seed Fund Scheme and the progress made in this regard, State/ UT-wise particularly in Andhra Pradesh; and
- (b) the incubators approved under the scheme along with the startups selected in this regard?

## ANSWER वाणिज्य  एवं उद्योग मंत्री (श्री पीयूष गोयल) THE MINISTER OF COMMERCE & INDUSTRY (SHRI PIYUSH GOYAL)

- (a) & (b): A Statement is laid on the Table of the House.

*****

## STATEMENT REFERRED TO IN REPLY TO PARTS (a) &  (b) OF THE LOK SABHA STARRED QUESTION NO. 209 FOR ANSWER ON 15th MARCH, 2023

- (a)  & (b) : The Government with an intent to build a strong ecosystem for nurturing innovation,  startups  and  encouraging  private  investments  in  startup ecosystem of the country launched Startup India initiative on 16th January 2016.

In order to meet the objectives of the initiative, the Government unveiled an Action Plan for Startup India that laid the foundation of  Government support, schemes and incentives envisaged to create a vibrant startup ecosystem in the country. The Action Plan comprises of 19 action items spanning  across  areas  such  as  'Simplification  and  handholding', 'Funding support  and  incentives'  and  'Industry-academia  partnership and incubation'.

Realising the action items, various programs are implemented by the Government  under  Startup  India  initiative  to  recognise,  develop  and promote the startups to be able to raise private investments. Sustained Government  efforts  in  this  direction  have  resulted  in  increasing  the number of recognized startups from 442 in 2016 to 92,683 in 2023 (as on 28 th  February 2023).

The Startup India Seed Fund Scheme (SISFS) was approved for the period  of 4 years starting from 2021-22. The Scheme provides financial assistance to  startups  for  proof  of  concept,  prototype  development, product trials,  market entry and commercialization. It is implemented with effect from 1st April 2021 with a corpus of Rs. 945 crore.

Under SISFS, as per provisions of the Scheme, the Government has constituted an Experts Advisory Committee (EAC) which is responsible for  the  overall  execution  and  monitoring  of  the  SISFS.  The  EAC evaluates  and  selects  incubators  for  allocation  of  funds  under  the Scheme. The selected incubators thereon shortlist the startups based on certain parameters outlined in Scheme guidelines.

148 incubators have been approved so far by the EAC for support of Rs.537.25 crore as on 28th February 2023 from 25 States and UTs.

The State/ UT-wise distribution of amount approved to the incubators under  SISFS,  including  in  the  State  of  Andhra  Pradesh  is  placed  as Annexure-I.

The approved incubators have selected 872 startups from 31 States and UTs. The State/ UT-wise distribution of amount approved to the selected startups  under  SISFS, including  in  the  State  of  Andhra  Pradesh  is placed   as Annexure-II.

***

## ANNEXURE-I.

## ANNEXURE REFERRED TO IN REPLY TO PARTS (a) & (b) OF THE  LOK SABHA STARRED QUESTION NO. 209 FOR ANSWER ON 15.03.2023.

## The State/ UT-wise distribution of amount approved to the incubators under the Startup India Seed Fund Scheme as on 28 th  February 2023:

| S. No.   | Name of State/UT   |   No. of Incubators |   Amount Approved (in Rs. Crore)* |
|----------|--------------------|---------------------|-----------------------------------|
| 1        | Andhra Pradesh     |                   3 |                              9    |
| 2        | Assam              |                   1 |                              2    |
| 3        | Bihar              |                   4 |                             15    |
| 4        | Chhattisgarh       |                   1 |                              1    |
| 5        | Delhi              |                   5 |                             21    |
| 6        | Goa                |                   4 |                             11.8  |
| 7        | Gujarat            |                  18 |                             65    |
| 8        | Haryana            |                   4 |                             12    |
| 9        | Himachal Pradesh   |                   2 |                              8    |
| 10       | Karnataka          |                  15 |                             59.5  |
| 11       | Kerala             |                   5 |                             18    |
| 12       | Madhya Pradesh     |                   4 |                             12    |
| 13       | Maharashtra        |                  23 |                             79.5  |
| 14       | Mizoram            |                   1 |                              1    |
| 15       | Nagaland           |                   1 |                              2    |
| 16       | Odisha             |                   7 |                             22    |
| 17       | Puducherry         |                   2 |                              8    |
| 18       | Punjab             |                   5 |                             21    |
| 19       | Rajasthan          |                   9 |                             33.5  |
| 20       | Sikkim             |                   1 |                              3    |
| 21       | Tamil Nadu         |                  13 |                             48    |
| 22       | Telangana          |                   9 |                             39.95 |
| 23       | Uttar Pradesh      |                   8 |                             30    |
| 24       | Uttarakhand        |                   2 |                             10    |
| 25       | West Bengal        |                   1 |                              5    |
|          | Grand Total        |                 148 |                            537.25 |

********

ANNEXURE-II.

## ANNEXURE REFERRED TO IN REPLY TO PARTS (a) & (b) OF THE  LOK SABHA STARRED QUESTION NO. 209 FOR ANSWER ON 15.03.2023.

The State/ UT-wise distribution of amount approved to the startups selected by the approved incubators under the Startup India Seed Fund Scheme as on 28 th  February 2023:

| S. No.   | Name of State/UT   |   No. of Startups Selected |   Amount Approved (in Rs. Crore)* |
|----------|--------------------|----------------------------|-----------------------------------|
| 1        | Andhra Pradesh     |                         11 |                              1.33 |
| 2        | Arunachal Pradesh  |                          1 |                              0.2  |
| 3        | Assam              |                         12 |                              1.08 |
| 4        | Bihar              |                         13 |                              2.66 |
| 5        | Chandigarh         |                          6 |                              0.7  |
| 6        | Chhattisgarh       |                          4 |                              0.22 |
| 7        | Delhi              |                         46 |                              9.93 |
| 8        | Goa                |                         13 |                              1.53 |
| 9        | Gujarat            |                         67 |                              8.27 |
| 10       | Haryana            |                         40 |                              5.4  |
| 11       | Himachal Pradesh   |                          3 |                              0.35 |
| 12       | Jammu and Kashmir  |                          2 |                              0.1  |
| 13       | Jharkhand          |                          5 |                              1.05 |
| 14       | Karnataka          |                        151 |                             29.76 |
| 15       | Kerala             |                         27 |                              5.12 |
| 16       | Madhya Pradesh     |                         50 |                              7.33 |
| 17       | Maharashtra        |                        148 |                             23.78 |
| 18       | Manipur            |                          2 |                              0.25 |
| 19       | Meghalaya          |                          1 |                              0.2  |
| 20       | Nagaland           |                          1 |                              0.25 |
| 21       | New Delhi          |                          1 |                              0    |
| 22       | Odisha             |                         18 |                              2.17 |
| 23       | Puducherry         |                          5 |                              0.34 |
| 24       | Punjab             |                          7 |                              0.42 |
| 25       | Rajasthan          |                         24 |                              3.97 |
| 26       | Sikkim             |                          2 |                              0.2  |
| 27       | Tamil Nadu         |                         71 |                             13.09 |
| 28       | Telangana          |                         65 |                             11.66 |
| 29       | Uttar Pradesh      |                         56 |                              8.88 |
| 30       | Uttarakhand        |                          6 |                              0.7  |
| 31       | West Bengal        |                         14 |                              1.72 |
|          | Grand Total        |                        872 |                            142.63 |