Overview

• The draft creates a Delhi Startup Venture Capital Fund of Rs 200 crore that would invest via equity and structured debt while seeking private co-investment.
• Proposed fiscal support includes full reimbursement of co-working lease rentals up to Rs 10 lakh a year for three years, patent and IP filing support up to Rs 1 lakh domestic and Rs 3 lakh international, exhibition reimbursements, and a Rs 2 lakh monthly operational allowance for one year.
• Implementation would be led by the Industries Department through a Policy Monitoring Committee and a Startup Task Force, with a single-window Delhi Startup Portal for applications, decisions and grievance redressal.
• The Startup Task Force is described as being largely private-sector led, with periodic reviews and status reports to track outcomes and refine the program.
• The 10-year plan prioritizes 18 areas such as AI, ML, IoT, robotics, fintech, green tech, drones and e-waste management, and it outlines incubation support and virtual mentorship, with enhanced incentives for women and marginalised entrepreneurs.