Lok Sabha Question No. 532 (UNSTARRED), answered on 2023-12-06
Subject: Startup India Scheme
Ministry: COMMERCE AND INDUSTRY
Asked by: S. Gnanathiraviam

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

## LOK SABHA

## UNSTARRED QUESTION NO. 532. TO BE ANSWERED ON WEDNESDAY, THE 06 th  DECEMBER, 2023.

## STARTUP INDIA SCHEME

## 532.   SHRI GNANATHIRAVIAM S.:

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

## वाणिज्य एवं उद्योग मंत्री

- (a) the details of Startups that are registered under Startup India scheme;
- (b) the details of Startups that have applied for seed fund grant, loans and financial assistance in the last five years, State-wise;
- (c) the details of funds disbursed to various Startups as grants, loan, and other financial schemes with name of the Startup in the last five years, State-wise; and
- (d) the details of funds given to Startups at idea stage, product idea variation and scale up?

## ANSWER

## वाणिज्य एवं उद्योग मंत्रालय में राज्य मंत्री ( श्री सोम प्रकाश ) THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE & INDUSTRY (SHRI SOM PARKASH)

- (a): Startup India is an initiative and not a scheme. The Government with an intent to build a strong ecosystem for nurturing innovation, startups and encouraging investments in the startup ecosystem of the country launched Startup India initiative on 16th January 2016.

As per eligibility conditions prescribed under G.S.R. notification 127 (E) dated 19th February 2019, entities are recognized as 'startups' under Startup India initiative  by  the  Department  for  Promotion  of  Industry  and  Internal  Trade (DPIIT).  Since  the  launch  of  the  Startup  India  initiative  in  2016,  DPIIT  has recognized 1,14,902 entities as startups as on 31 st  October 2023.

- (b) to (d): Under the Startup India initiative, to provide capital at various stages of the business cycle of a startup such as ideation, product idea variation, growth, and scale-up, the Government is implementing the Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme (SISFS), and the Credit Guarantee Scheme for Startups (CGSS). These Schemes are implemented on a panIndia basis.

SISFS provides funding in form of grant or debt for startups in early stages of their growth, FFS mobilizes private equity capital for startups across stages and CGSS promotes collateral free debt funding for startups with stable revenue stream.Under these Schemes, the funds are not directly disbursed by the Government to startups but through ecosystem stakeholders as per the guidelines of the respective Schemes.

The Startup India Seed Fund Scheme has been approved for the period of 4 years starting from 2021-22 with a corpus of Rs. 945 crore.The Experts Advisory Committee (EAC), under SISFS,evaluates and selects incubators for allocation of funds under the  Scheme.  The  approved  incubators  select  startups  in  accordance  with  the guidelines of the Scheme.

SISFS is implemented from 1 st  April 2021. The State/UT-wise details of the support provided to eligible startups by the approved incubators under SISFS in 2021 and 2022 is placed as Annexure-I .

The Fund of Funds for Startups Scheme was approved and established in 2016 with a  corpus of  Rs  10,000  crore.  The  Scheme is  operationalized  by  Small  Industries Development Bank of India (SIDBI), provides capital to SEBI- registered Alternative Investment Funds (AIFs) who in turn invest in startups. AIFs supported under FFS are required to invest at least 2 times of the amount committed under FFS in startups.

The State/UT-wise details of the support provided to eligible startups by AIFs under FFS over  the  past  five  years  viz.  2018,  2019,  2020,  2021  and  2022is  placed  as Annexure-II .

Credit Guarantee Scheme for Startups (CGSS) is implemented for providing credit guarantees  to  loans  extended  by  Scheduled  Commercial  Banks,  Non-  Banking Financial  Companies  and  Securities  and  SEBI  registered  AIFs.  It  provides  credit guarantee up to a specified limit against loans extended by Member Institutions (MIs) to finance eligible DPIIT recognized startups. CGSS  is  operated  by  the  National Credit Guarantee Trustee Company (NCGTC) Limited and has been recently operationalized from 1 st     April 2023.

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ANNEXURE-I ANNEXURE REFERRED TO IN REPLY TO PARTS (b) to (d) OF THE LOK  SABHA UNSTARRED QUESTION NO. 532 FOR ANSWER ON 06.12.2023.

The State/UT-wise details of the support provided to eligible startups by the approved incubators under SISFS in 2021 and 2022.

|   S. No | State/UT          |   Total number of startups approved by the incubators | Total amount approved to the selected incubators (in Rs. Crore)   |
|---------|-------------------|-------------------------------------------------------|-------------------------------------------------------------------|
|       1 | Andhra Pradesh    |                                                     7 | 4.2                                                               |
|       2 | Arunachal Pradesh |                                                     1 | -                                                                 |
|       3 | Assam             |                                                    10 | 2.1                                                               |
|       4 | Bihar             |                                                    12 | 10.5                                                              |
|       5 | Chandigarh        |                                                     4 | -                                                                 |
|       6 | Chhattisgarh      |                                                     3 | 1.05                                                              |
|       7 | Delhi             |                                                    40 | 16.8                                                              |
|       8 | Goa               |                                                    13 | 12.39                                                             |
|       9 | Gujarat           |                                                    50 | 68.25                                                             |
|      10 | Haryana           |                                                    30 | 7.35                                                              |
|      11 | Himachal Pradesh  |                                                     3 | 8.4                                                               |
|      12 | Jammu and Kashmir |                                                     1 | -                                                                 |
|      13 | Jharkhand         |                                                     5 | -                                                                 |
|      14 | Karnataka         |                                                   138 | 57.23                                                             |
|      15 | Kerala            |                                                    25 | 18.9                                                              |
|      16 | Madhya Pradesh    |                                                    37 | 12.6                                                              |
|      17 | Maharashtra       |                                                   114 | 83.48                                                             |
|      18 | Manipur           |                                                     2 | -                                                                 |
|      19 | Meghalaya         |                                                     1 | -                                                                 |
|      20 | Mizoram           |                                                     0 | -                                                                 |
|      21 | Nagaland          |                                                     1 | -                                                                 |
|      22 | Odisha            |                                                    13 | 23.1                                                              |
|      23 | Puducherry        |                                                     6 | 8.4                                                               |
|      24 | Punjab            |                                                     2 | 13.65                                                             |
|      25 | Rajasthan         |                                                    19 | 35.18                                                             |
|      26 | Sikkim            |                                                     2 | 3.15                                                              |
|      27 | Tamil Nadu        |                                                    58 | 44.1                                                              |
|      28 | Telangana         |                                                    51 | 41.95                                                             |
|      29 | Uttar Pradesh     |                                                    48 | 31.5                                                              |
|      30 | Uttarakhand       |                                                     6 | 10.5                                                              |
|      31 | West Bengal       |                                                    14 | 5.25                                                              |
|      32 | TOTAL             |                                                   716 | 520.03                                                            |

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ANNEXURE-II

## ANNEXURE REFERRED TO IN REPLY TO PARTS (b) to (d) OF THE LOK  SABHA UNSTARRED QUESTION NO. 532 FOR ANSWER ON 06.12.2023.

The State/UT-wise details of the support provided to eligible startups by AIFs under FFS over the past five years viz. 2018, 2019, 2020, 2021 and 2022

| Sr. No.   | State/UT          |   Total number of startups selected by supported AIFs | Total amount invested in the startups by supported AIFs (in Rs. Crore)   |
|-----------|-------------------|-------------------------------------------------------|--------------------------------------------------------------------------|
| 1.        | Arunachal Pradesh |                                                     1 | 0.9                                                                      |
| 2.        | Assam             |                                                    14 | 26.47                                                                    |
| 3.        | Bihar             |                                                     3 | 85.68                                                                    |
| 4.        | Chandigarh        |                                                     1 | 0.35                                                                     |
| 5.        | Chhattisgarh      |                                                     1 | 4.23                                                                     |
| 6.        | Delhi             |                                                   129 | 2231.5                                                                   |
| 7.        | Gujarat           |                                                    15 | 349.96                                                                   |
| 8.        | Haryana           |                                                    54 | 1085.41                                                                  |
| 9.        | Karnataka         |                                                   213 | 4592.13                                                                  |
| 10.       | Kerala            |                                                    13 | 158.15                                                                   |
| 11.       | Madhya Pradesh    |                                                    15 | 167.4                                                                    |
| 12.       | Maharashtra       |                                                   159 | 3418.93                                                                  |
| 13.       | Manipur           |                                                     6 | 6.7                                                                      |
| 14.       | Meghalaya         |                                                     3 | 1.05                                                                     |
| 15.       | Odisha            |                                                     2 | 3.31                                                                     |
| 16.       | Puducherry        |                                                     1 | 0.75                                                                     |
| 17.       | Punjab            |                                                     1 | 26.85                                                                    |
| 18.       | Rajasthan         |                                                    10 | 136.44                                                                   |
| 19.       | Tamil Nadu        |                                                    28 | 825.16                                                                   |
| 20.       | Telangana         |                                                    18 | 276.47                                                                   |
| 21.       | Tripura           |                                                     1 | 0.25                                                                     |
| 22.       | Uttar Pradesh     |                                                    21 | 320.52                                                                   |
| 23.       | Uttarakhand       |                                                     1 | 0.22                                                                     |
| 24.       | West Bengal       |                                                     8 | 114.08                                                                   |
|           | Total             |                                                   718 | 13,832.91                                                                |

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