Startup India Learning Program Everyone Should Know
Hello everyone! I hope you all are doing great. Nowadays, it has become so difficult for the upcoming generation to be more independent and live an efficient life on their own. India is a country where there is a huge amount of job seekers and a less employment opportunities. I believe that the time has come when India needs to transform into a country of job creators instead of seekers. Regarding this few initiatives have already been taken. Let me introduce you to Startup India learning program, which is developed by Invest India in collaboration with UpGrad. As we proceed, we can take a look at the main objective of this program which made this program look a little more intriguing.
Aim of Startup India Learning Program
This program intends for building a strong ecosystem through which aspiring entrepreneurs can get their ideas and concepts analyzed before they start their ventures. This covers lessons on key areas of starting up, in an extensive 6–week program.
Prominent Features
It provides a step-by-step insight in creating a business plan for any venture.
It also administer inside-industrial knowledge that pertains to successes and failures across various domains.
The Official certification of startup India and invest India is provided to everyone.
Efficient training is provided in either language (ENGLISH/HINDI) as chosen.
Opportunities for interactions with fellow entrepreneurs are also procured in an interactive discussion forum.
Course Curriculum
This Startup India Learning program consists of 6 modules which all are mentioned below.
1. Introductions to Entrepreneurship
A glimpse of endeavor is introduced along with its pros and cons, opportunities, and profits.
2. Idea validation
This helps in identifying your idea and provides knowledge to assess it profitably concerning potential customers and the market environment.
3. Legal building
This term is followed by 3 aspects which are mentioned below.
a. Building a legal foundation
An appropriate legal foundation is defined under this along with the company
registration, patents, compliances, etc.
b. Understanding finance basics
Finance is one of the most prominent aspects of any venture. The fundamentals relating to finance and accounting, financial statement,
break-even analysis is provided.
c. Introduction to business planning
Helps with understanding the procedure of building an effective and
successful business plan for the venture. Pitching and funding
-Helps in learning the right and effective way to pitch your company to
investors and identify the key focus area in term sheets.
Overview Altogether
The Startup Action Plan aims at addressing various aspects of the startup ecosystem. It includes various sectors such as manufacturing, education, healthcare, etc. From existing tier 1 cities to tier 2 and tier 3 cities including semi-urban and rural areas.
The Ministry of Human Resource and Technology has agreed to set up over 75 startup support hubs indifferent national Institutes of Technology (NITS), IIITs, and NIPERs. Department for Promotion of Industry & Internal Trade is the nodal agency responsible for coordinating the implementation of the Startup India initiative with other government departments.
The Action Plan is divided across the following areas:
1. Simplification and Handholding.
2. Funding Support and Incentives.
3. Industry-Academia Partnership and Incubation.
Final Words
The Startup India Learning Program is a 4-week program that aims to help aspiring entrepreneurs develop their startup ideas, and ventures and was firstly announced by the Prime Minister of our country, Narendra Modi on 15 August 2015.
The event was attended by various startup founders and investors, while it was being inaugurated on 16 January 2016 by the Former Finance Minister of India Arun Jaitley. It is being developed by Invest India in partnership with UpGrad. Through its various programs, Startup India has helped many people start their businesses.
At the end of the training, the successful apprentice is awarded a National Apprenticeship Certificate. Indian startups are now widely spread across the country. The rise of women entrepreneurs is also being highlighted globally. This is also evidenced by the increasing number of startups in the country. The role of the state government in developing the startup ecosystem is very important. While there has been an increase in venture capital funding, the amount that startups need to raise must also be augmented. Despite the increase in the amount of funding, it is still not enough to support the startup ecosystem.
Want to be a part of it? Here’s how you can register
Entrepreneurs who are new to the domain and want to pursue a future can partake in this and can enroll themselves through the official website (www.startupindia.gov.in).
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