Startup Company definition

Startup Company means a private company incorporated under the Companies Act, 2013 or Companies Act, 1956 and recognised as such in accordance with notification issued by the Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, and as amended from time to time.
Startup Company means a private company incorporated under the Companies Act, 2013 and identified under G.S.R. 127(E) dated 19th February, 2019 issued by the DPIIT, Ministry of Commerce and Industry.
Startup Company means any person or entity that has functioned as a business for three years or less and has less than $1 billion dollars in annual revenues. For the avoidance of doubt, the restrictions described in subsection (ii) above do not apply to a Startup Company. Executive agrees that during the Restricted Period he will seek the Company’s prior written consent that any proposed employment or other engagement does not violate the non-competition provisions of this Agreement. Company agrees that it will not unreasonably delay or withhold consent. If the Parties are unable to reach agreement within 10 days after Company’s receipt of Executive’s written request for consent, Executive may proceed to refer the matter to a qualified, independent neutral expert experienced in the industry, (the “Neutral Expert”), by providing written notice to Company. Within five days after Company receives Executive’s written notice, the Parties will choose a mutually acceptable Neutral Expert. No Party will unreasonably withhold consent to the selection of the Neutral Expert. Within seven days after the Neutral Expert is selected, or as soon thereafter as the Neutral Expert is able to meet with the Parties, the Parties will meet with the Neutral Expert to present their positions, in a manner to be determined by the Neutral Expert. Based exclusively on the evidence presented by the Parties at that meeting, the Neutral Expert will determine whether Executive’s proposed employment or other engagement violates the non-competition provisions of this Agreement. The decision of the Neutral Expert will be final, binding, and non-appealable.

Examples of Startup Company in a sentence

  • In case of bidders registered with NSIC/Udyog Aadhaar as MSME or a Start-up Company, they are eligible for waiver of EMD.

  • In case of bidders registered with NSIC/Udyog Aadhaar as SME or a Start-up Company, they are eligible for waiver of EMD.

  • The most obvious form of entrepreneurship is that of starting new businesses (referred to as Startup Company); however, in recent years, the term has been extended to include social and political forms of entrepreneurial activity.

  • CATEGORY II:Technology based Start-up Company promoted by a first generation entrepreneur desirous of R&D partnership with the institute or a company, with the objective of commercializing a novel technological idea, scaling up a laboratory proven concept and setting up a technology business enterprise.

  • In case of bidders registered with NSIC/Udyog Aadhaar as MSE or a Start-up Company, they are eligible for waiver of EMD.


More Definitions of Startup Company

Startup Company means a company that does not hold a valid certificate of
Startup Company means a company that: - (a). is in existence for not more than ten yearsfrom the date of its incorporation or such other period or periods as may be specified;(b). has a turnover for any of the financial years since incorporation that is not greater than five hundred million rupees or such other amount or amounts as may be specified;(c). is working towards the innovation, development or improvement of products or processes or services or is a scalable business model with a high potential of employment generation or wealth creation or for such other purposes as may be specified; or(d). such other companies or classes of companies as may be notified by the Commission. Provided that a company formed by the splitting up or re-construction of an existing company shall not be considered as a startup company;”.
Startup Company means that which is specified in Article 3.1.8 of Law on Innovation; and
Startup Company means a private company incorporated under the Companies Act, 2013 and identified under
Startup Company means a private company incorporated under the Companies Act, 2013 and recognized as such in accordance with Notification No. G.S.R. 127(E) dated 19th February, 2019 issued by the DPIIT, Ministry of Commerce and Industry.
Startup Company means a private Indian Company incorporated under the Companies Act and recognised as such in accordance with notification number G.S.R. 180(E) of 17 February 2016 by DIPP, Ministry of Commerce and Industry
Startup Company. As of EFFECTIVE DATE, STARTUP is a current or recent participant of ACCELERATOR as listed in Exhibit A of AGREEMENT; and accordingly, STARTUP has an affiliation with UNIVERSITY, and is an early/research stage company that is conducting research and development to create products that solve societal problems, and/or address promising technological opportunities for the benefit of the public at large, as described in Exhibit A of AGREEMENT ("PRODUCT-ORIENTED R&D").