DPIIT Incentive Scheme

About

The DPIIT Incentive Scheme is an initiative by the Indian government aimed at supporting early-stage and growth-stage startups through financial subsidies, tax benefits, and regulatory simplifications, enhancing their operational capabilities and fostering innovation and job creation in the country.

Benefits

• Financial support for hiring interns
• Tax benefits under section 80-IAC
• Simplified compliance and regulatory burden
• Intellectual property support with fee reductions
• Access to government-supported incubators and seed funds
• Participation in domestic and international innovation activities

Eligibility Criteria

• Must be a Private Limited Company, LLP, or Partnership Firm
• Established for no more than 10 years
• Annual turnover not exceeding ₹100 crore
• Focus on innovation, product/service development, or scalable business models
• Must hold a valid DPIIT recognition certificate