AP Innovation & StartUp Policy

AP Innovation & Startup Policy

Startup Policy Fiscal Incentives
The incentives available for MSMEs in the IT policy would also be directly applicable to the startups. In addition to that:

Reimbursement of VAT/ CST: Reimbursement of VAT / CST on goods supplied to the Incubator or incubatee and on sale or leasing of goods by Incubator to incubatee would be provided

  • Incentives as per IT and Electronics policy
  • Funding support from the government
Startup Policy Non Fiscal Incentives
The fiscal and non-fiscal incentives applicable to all categories of IT industry would be applicable to incubators, accelerators and startups. In addition,

  • Effective Single-Window System
  • Special provisions for Startups
  • Awards for Innovation
  • Technology – Server & Software

Read more +