<p>Three consultancy agencies - PricewaterhouseCoopers, Ernst & Young, and KPMG Advisory, have qualified the technical evaluation round for assisting the Department for Promotion of Industry and Internal Trade (DPIIT) in effective and on-ground implementation of initiatives for startups.</p>.<p>In March, the department had invited a request for proposal (RFP) for the appointment of a consulting agency for Startup India, following which four consultancy firms bid.</p>.<p>According to the minutes of a meeting that was held on June 26 to evaluate the preliminary proposals, these three firms have scored more than 60 marks and are found to be technically qualified.</p>.<p>The evaluation committee, Chaired by DPIIT Joint Secretary Anil Agrawal, has "decided to open financial bids for all the qualified applicants on July 6".</p>.<p>The minutes stated that Grant Thornton India LLP has failed to obtain minimum marks for technical qualification and "hence disqualified for the opening of its financial bid".</p>.<p>The department had proposed to engage a consultancy organisation to provide support for a period of three years, extendable by one year at a time for a total duration of five years, to assist and support the DPIIT in effective and on-ground implementation of Startup India Action Plan.</p>.<p>The selected agency will have to support the department in scaling up the Startup India initiative through manifold interventions considered important for building a strong ecosystem for budding entrepreneurs.</p>.<p>The main objectives include hand-holding, supervising and monitoring the implementation of recommendations for next three years; examining the need of current ecosystem; and provide short, medium and long-term suggestions for implementation by various agencies in consultation with various stakeholders to scale up the initiative; and undertake the state startup ranking exercise every year by coordinating with states and other stakeholders.</p>.<p>Startup India is the flagship initiative of the government, launched in January 2016, that intends to build a strong ecosystem for the growth of startup businesses, to drive sustainable economic growth and generate employment opportunities.</p>.<p>The Startup India action plan provides tax and other incentives</p>
<p>Three consultancy agencies - PricewaterhouseCoopers, Ernst & Young, and KPMG Advisory, have qualified the technical evaluation round for assisting the Department for Promotion of Industry and Internal Trade (DPIIT) in effective and on-ground implementation of initiatives for startups.</p>.<p>In March, the department had invited a request for proposal (RFP) for the appointment of a consulting agency for Startup India, following which four consultancy firms bid.</p>.<p>According to the minutes of a meeting that was held on June 26 to evaluate the preliminary proposals, these three firms have scored more than 60 marks and are found to be technically qualified.</p>.<p>The evaluation committee, Chaired by DPIIT Joint Secretary Anil Agrawal, has "decided to open financial bids for all the qualified applicants on July 6".</p>.<p>The minutes stated that Grant Thornton India LLP has failed to obtain minimum marks for technical qualification and "hence disqualified for the opening of its financial bid".</p>.<p>The department had proposed to engage a consultancy organisation to provide support for a period of three years, extendable by one year at a time for a total duration of five years, to assist and support the DPIIT in effective and on-ground implementation of Startup India Action Plan.</p>.<p>The selected agency will have to support the department in scaling up the Startup India initiative through manifold interventions considered important for building a strong ecosystem for budding entrepreneurs.</p>.<p>The main objectives include hand-holding, supervising and monitoring the implementation of recommendations for next three years; examining the need of current ecosystem; and provide short, medium and long-term suggestions for implementation by various agencies in consultation with various stakeholders to scale up the initiative; and undertake the state startup ranking exercise every year by coordinating with states and other stakeholders.</p>.<p>Startup India is the flagship initiative of the government, launched in January 2016, that intends to build a strong ecosystem for the growth of startup businesses, to drive sustainable economic growth and generate employment opportunities.</p>.<p>The Startup India action plan provides tax and other incentives</p>