Table of contentsSupport for international patent protection in the field of electronics and information technology (SIP-EIT)Multiplier grant program (MGS)Park Software Technology (STP) Electronic Development Fund (EDF) Are you tired of your mundane 9 a.m. to 5 p.m. job? Look out the window and wonder what more you could do instead of compiling programs and creating millions of Excel sheets. Are there days when you feel like this corporate job has drained you of your creativity and stripped you of your independent identity? Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an original essay Then the Indian government has the perfect opportunity for you to show what you are really worth with the Start Up India program! Announced by Prime Minister Modi on August 15, 2015, it is organized on the basis of three objectives: Simplification and empowerment Financial support and incentives Industrial partnership with universities and incubation Currently, India has around 4,500 technology start-ups, which places it just behind the United States and the United Kingdom. And why not when our countrymen take inspiration from Sachin and Binny banning Flipkart and Deepinder Goyal and Pankaj Chaddah from Zomato? Although the Indian government has introduced a plethora of programs over the years, most IT professionals regarding these projects are only up to the tax. Exemption part. Programs are categorized under the ministry that runs them and for IT professionals, the ministry to watch out for is the Ministry of Electronics and Information Technology: Support for International Patent Protection in the Field of Electronics and Information Technology (SIP-EIT) What it is “It's about IT services, technology hardware, the Internet of Things and artificial intelligence. In fact, it is the most beneficial program for technology start-ups and MSMEs (micro, small and medium enterprises). It promotes innovation and growth of technology start-ups in the ICTE (International Conference on Technology and Education) sector and further paves the way for international patent filing. Financial benefits Reimbursement can be up to 15 lakhs of rupees per innovation or 505 of the total cost covered by the patent. deposit and grants, whichever is shorter.DeadlineIt can be used until November 30, 2019Multiplier Grant Program (MGS)What is it?It is services, enterprise software, technology hardware, analytics, Internet of Things and artificial intelligence. . It aims to benefit start-ups and university accelerators. It aims to merge research and development of industry and academia.Financial BenefitsIndividual Industry: 2 croresIndustrial Consortium: 4 croresTimeframeIndependent Industry: 2 yearsIndustrial Consortium: 3 yearsSoftware Technology Park (STP)What is it?A another big problem for you guys! It covers IT, fintech (technology for banking and finance), analytics, artificial intelligence and enterprise software. Beneficial for software publishers, it constitutes the main government tool for promoting and encouraging software exports. It allocates low-cost and convenient locations to deserving start-ups and provides data communication servers and incubation facilities.Financial BenefitsSales in DTA up to 50% of FOB value of,.