{"id":129025,"date":"2021-08-27T19:11:21","date_gmt":"2021-08-27T13:41:21","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=129025"},"modified":"2021-08-27T19:11:21","modified_gmt":"2021-08-27T13:41:21","slug":"it-minister-vision-for-startups-takes-shape-of-samridh-scheme","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/it-minister-vision-for-startups-takes-shape-of-samridh-scheme\/","title":{"rendered":"IT Minister vision for startups takes shape of SAMRIDH Scheme"},"content":{"rendered":"<p><b>Source: <\/b><a href=\"https:\/\/pib.gov.in\/PressReleasePage.aspx?PRID=1748914\"><b>PIB<\/b><\/a><\/p>\n<h5><b>What is the News?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">The Ministry of Electronics &amp; Information Technology(MeitY) has launched the SAMRIDH Scheme.<\/span><\/p>\n<h5><b>About SAMRIDH Scheme:<\/b><\/h5>\n<ol>\n<li style=\"font-weight: 400;\"><b>Full-Form: <\/b><span style=\"font-weight: 400;\">Start-up Accelerators of MeitY for pRoduct Innovation, Development and growth (SAMRIDH).<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Aim: <\/b><span style=\"font-weight: 400;\">To create a conducive platform for Indian Software Product start-ups to enhance their products and secure investments for scaling their business.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Implementation: <\/b><span style=\"font-weight: 400;\">MeitY Start-up Hub (MSH).<\/span><\/li>\n<\/ol>\n<h5><b>Key Features of the Scheme:<\/b><\/h5>\n<ol>\n<li><b>Firstly,<\/b><span style=\"font-weight: 400;\"> the scheme will focus on accelerating the 300 start-ups by providing customer connect, investor connect, and international immersion in the next three years.\u00a0<\/span><\/li>\n<li><b>Secondly, <\/b><span style=\"font-weight: 400;\">an investment of up to \u20b9 40 lakh to the start-up based on the current valuation and growth stage of the Start-Up will be provided through selected accelerators.\u00a0<\/span><\/li>\n<\/ol>\n<h5><b>Significance of the Scheme:<\/b><\/h5>\n<ol>\n<li><b>India is currently the third-largest Unicorn hub <\/b><span style=\"font-weight: 400;\">globally, with 63 Unicorns having a total valuation of 168 Billion USD.<\/span><\/li>\n<li><b style=\"color: var(--global--color-primary); font-family: var(--global--font-secondary); font-size: var(--global--font-size-base);\">The programme aims to further the Indian start-up growth<\/b><span style=\"font-weight: 400;\"> and create at least 100<\/span><span style=\"font-weight: 400;\"> unicorns out of the selected startups.<\/span><\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: PIB What is the News? The Ministry of Electronics &amp; Information Technology(MeitY) has launched the SAMRIDH Scheme. About SAMRIDH Scheme: Full-Form: Start-up Accelerators of MeitY for pRoduct Innovation, Development and growth (SAMRIDH). Aim: To create a conducive platform for Indian Software Product start-ups to enhance their products and secure investments for scaling their business.&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/it-minister-vision-for-startups-takes-shape-of-samridh-scheme\/\">Continue reading <span class=\"screen-reader-text\">IT Minister vision for startups takes shape of SAMRIDH Scheme<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,956,9,959],"tags":[],"class_list":["post-129025","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-schemes-and-programs","category-public","category-schemes","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1700617318},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/129025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=129025"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/129025\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=129025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=129025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=129025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}