What Start Ups Expect From Budget 2015-16


 

  1. Exit Process:

Alike the entry process, the exit process is equally hectic for companies in India. RBI or FPIB grants exit allowance and it is very complicated to get it. Foreign based Venture Capital firms wanting to invest in startups based in India are required to take prior approval from RBI or FIPB. This also disinterests many investors to be a part of the startup business in India. If the government addresses these issues in this budget, it will create a real favorable situation for the start up makers.

7. Par with 10,000 crore startup fund declared in 2014’s budget –

As it had to be, though declarations were made hardly cash was not released in real sense. Neither did the government speak out about how the amount will be used by the government.

Start ups have two views o how the amount can be used-

One-promoting entrepreneurship in universities and colleges.

Two-promoting financing in the form of quasi-equity, equity and various other forms of risk capital.

Also Read: 3 Key Tips To Note Before You Begin A Startup

Start Up- The Base Of Your Professional Journey