What is known as a start up?

Start Ups are new companies that come up with unique products or services which is the brainchild of an individual or a group of individuals sharing the same ideas. They have plans and the details of the project in hand but no funds or investments to make it a reality. These young entrepreneurs depend mainly on their own funding sources or try to reach out for loans from financial institutions .Our Indian government is supporting these young minds to make a mark in the national and international level by financing their unique ideas .

A startup can be defined as an idea that is new or a modification of an existing one. A startup is taken place when an entrepreneur decides to leave his idea generation stage and take a step ahead into incubation and so on. A startup can be very challenging because it requires a lot of brainstorming and the idea which comes out has to be unique and should not be as same as the ones which are already in the market.