Assam Startup Policy

Description

The Assam Government aims to create an ecosystem for start-ups in Assam and to establish Assam as the entrepreneurial hub of Northeast India. The Assam Startup policy primarily focuses on generating employment, nurturing start-ups in the initial stage and stimulating Startup culture in the state.

The key highlights of the Assam Startup Policy Draft 2017 include four pillars:

Digital Startup Ecosystem: This includes development of a Startup portal and app which will facilitate information aggregation and infrastructure booking. The portal shall also include online learning and development programs. A dedicated helpline will also be made operational.

Development of Infrastructure: Creation of Startup incubator space will take place in Guwahati in the first phase and then in Dibrugarh and Silchar along with establishment of ESDM (Electronic Systems and Design Manufacturing) innovation centre.
Funding and Other Incentives: Registered start-ups shall get fiscal incentives and benefits along with loan schemes with interest subsidy among other reimbursements.

Human Capital and Skill Development: In order to boost innovation, the government plans to create a conducive environment at the school and college level. Compulsory EDCs (Entrepreneurship Development Cells) shall also be established in every college.

For more details about the Policy, click on Assam Start Up Policy, 2017

For the Assam Startup Policy (Amendment) 2018 refer to Downloads.

Downloads:

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Assam Startup Policy (Amendment) 2018 493.53 KB

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