National Startup Day 2024 | 16 Jan 2024

National Startup Day is observed annually on 16^th January to appreciate and promote the Indian Startup Ecosystem.

Startup India initiative was launched on 16^th January, 2016, with a vision to cultivate innovation, support startups, and stimulate investments.
- The eighth anniversary in 2024 marks significant growth, with the program expanding from 400 startups in 2016 to over 1.18 lakh startups.
Recognized entities enjoy various government benefits, such as compliance self-certification, patent application assistance, and tax exemptions.
- Notably, the SIDBI Fund of Funds scheme has granted 2,977 income tax exemptions and funded 3,658 startups, emphasizing financial support.
- The Startup India program encompasses initiatives like the Seed Fund scheme and Credit Guarantee Scheme, further aiding startups.