Startup Recognition
Who shall be Recognized ?
- The date of Incorporation/Registration is not prior to ten years.
- Entity must have incorporated as Private Limited or Partnership firm or a limited liability partnership.
- Annual turnover not exceeding one hundred crore rupees, for any preceding financial year.
- An entity not formed by splitting up or reconstruction of an existing business.
- Entity is working towards innovation, development or improvement of products or processes or services.
- Scalable business model with a high potential of employment generation or wealth creation.
- Provided Start-up must be incorporated or registered in J&K and having office in Jammu and Kashmir.