The startup culture is full of people who try to, want to but are not able to get their business up from scratch. The reason for this is, number of entrepreneurs don’t know the process of taking their venture from point A to point B. The point A is this brilliant idea they have and B is the consequent, fantasized state where the venture is established, secure and profitable.
Non- Profit Institutions are registered as a company in Section 8 of the Companies Act, 2013. It aims to promote science, art, education, social welfare, charity, research, sports, religion, and protection of environment provided it envisages using its profits and any other income in popularizing its products. It also inhibits any dividend being paid to the members of the trust.