In a bid to assist in effective way and on ground implementation of Startup India Action Plan, the Department for Promotion of Industry and Internal Trade (DPIIT) has proposed to engage a consultancy organization for a period of three years, extendable one year at a time for a total duration of five years.
The department has floated a notice inviting request for proposal (RFP) from interested agencies. The agency will help the department in scaling up the Startup India initiative through manifold interventions considered important for building a strong ecosystem for budding entrepreneurs.
The main objectives include handholding, supervising and monitoring implementation of recommendations for next three years; examining the need of current ecosystem; and provide short, medium and long-term suggestions for implementation by various agencies in consultation with various stake holders to scale up the initiative; and undertake the state startup ranking exercise every year by coordinating with states and other stake holders.
Startup India is the flagship initiative of the government that intends to build a strong ecosystem for the growth of startup businesses, to drive sustainable economic growth and generate employment opportunities. The Startup India action plan provides tax and other incentives.