Startups are very common and popular now days in India. Everyone wants to open startup for wealth creation and become successful entrepreneur. To promote the talented entrepreneurs and employment creation, government of India launched startup India program in the year 2016. Eligibility Criteria for Startup Recognition:  The startup should be incorporated as a private limited company or registered as a partnership firm or a limited liability partnership.  Turnover should be less than Rs. 100 crores in any of the previous financial years.  An entity shall be considered as a startup up to 10 years from the date of its incorporation.  The startup should be working towards innovation/ improvement of existing products, services and processes and should have the potential to generate employment/ create wealth. An entity formed by splitting up or reconstruction of an existing business shall not be considered a “startup”.