Government Strengthens Startup Ecosystem with Bold Reforms

26 Mar 2025 CW Team

The Startup India Seed Fund Scheme (SISFS) supports incubators in both private and academic sectors. It offers startups crucial funding for proof of concept, prototype development, product trials, market entry, and commercialisation. The Experts Advisory Committee (EAC) of SISFS is responsible for evaluating and selecting incubators for fund allocation. The scheme has been in operation since 1 April 2021, and as of 31 January 2025, 217 incubators have been selected under the scheme, with a total approved funding of ?916.91 crore (£91.69 million).

The Government is actively enhancing the startup landscape through inclusive policies that empower entrepreneurs, including those from disadvantaged, rural, and tribal communities. Flagship schemes such as the Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme (SISFS), and the Credit Guarantee Scheme for Startups (CGSS) provide support at various stages of business growth.

Key initiatives like the States' Startup Ranking, National Startup Awards, and Innovation Week foster competition and drive excellence within the ecosystem. Industry-led events such as Startup Mahakumbh serve as vital networking platforms for collaboration.

Additionally, the Government is expanding market access and streamlining public procurement to help startups scale and grow. Digital platforms like the Startup India portal and BHASKAR offer seamless access to resources and collaboration tools. Corporates are also being encouraged to mentor startups, provide infrastructure, share resources, and facilitate investor connections.

These efforts, complemented by regulatory reforms and strategic ecosystem programmes, are solidifying India's position as a global hub for startups.

This information was provided by Shri Jitin Prasada, Minister of State for Commerce & Industry, in a written reply in the Lok Sabha today.

The Indian Government is ramping up efforts to foster innovation, entrepreneurship, and investment through robust initiatives under the Startup India programme. Launched on 16 January 2016, this flagship initiative aims to build a thriving startup ecosystem by providing financial aid, infrastructure, and mentorship. The Startup India Seed Fund Scheme (SISFS) supports incubators in both private and academic sectors. It offers startups crucial funding for proof of concept, prototype development, product trials, market entry, and commercialisation. The Experts Advisory Committee (EAC) of SISFS is responsible for evaluating and selecting incubators for fund allocation. The scheme has been in operation since 1 April 2021, and as of 31 January 2025, 217 incubators have been selected under the scheme, with a total approved funding of ?916.91 crore (£91.69 million). The Government is actively enhancing the startup landscape through inclusive policies that empower entrepreneurs, including those from disadvantaged, rural, and tribal communities. Flagship schemes such as the Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme (SISFS), and the Credit Guarantee Scheme for Startups (CGSS) provide support at various stages of business growth. Key initiatives like the States' Startup Ranking, National Startup Awards, and Innovation Week foster competition and drive excellence within the ecosystem. Industry-led events such as Startup Mahakumbh serve as vital networking platforms for collaboration. Additionally, the Government is expanding market access and streamlining public procurement to help startups scale and grow. Digital platforms like the Startup India portal and BHASKAR offer seamless access to resources and collaboration tools. Corporates are also being encouraged to mentor startups, provide infrastructure, share resources, and facilitate investor connections. These efforts, complemented by regulatory reforms and strategic ecosystem programmes, are solidifying India's position as a global hub for startups. This information was provided by Shri Jitin Prasada, Minister of State for Commerce & Industry, in a written reply in the Lok Sabha today.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Real Estate

06 Apr 2026

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Real Estate

06 Apr 2026

Domicil Debuts In Tricity With Luxe 9 Showcase

Domicil Germany, a luxury home furnishing brand from the House of HTL International, has made its Tricity debut with an exclusive showcase at Luxe 9, marking its first retail presence in the region.The invite-only event brought together architects, interior designers, real estate developers and high-net-worth individuals, reflecting rising demand for globally inspired, design-led living spaces.Centred on the theme ‘Celebrate Living with Timeless German Design’, the showcase highlighted Domicil’s focus on combining craftsmanship, functionality and refined aesthetics. Attendees experienced..