Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance to Special Entrepreneurship Degree Approach Training with 360 Promoters/ with Mentoring Support and Sustenance Allowance for Entrepreneurs

DBT (direct benefit transfer): No

Scheme open date: 2020-08-07

Categories: Business & Entrepreneurship, Skills & Employment

Sub-categories: Setting up / start-up / entrepreneurship, Entrepreneurship development, Training and Skill Up-gradation

Target beneficiaries: Individual

Tags: Business, Entrepreneurship, MSMEs, Start Up, Entrepreneurship Training, Scheduled Caste, Scheduled Tribe

• Special Entrepreneurship Training: 1. 100% coverage of training fees up to ₹10 000/- per month per person. 1. Training duration between 6 months to 1 year. 1. Covers business management finance marketing logistics soft skills and best practices. Mentorship Support: 1. Entrepreneurs receive expert guidance from industrial mentors. 1. 100% coverage of mentorship fees up to ₹5 000/- per month per person for 3 months. 1. Helps in understanding business operations strategies and management. Sustenance Allowance: 1. ₹5 000/- per month for the duration of training to support personal expenses

What is the "Dr. Babasaheb Ambedkar Udyog Uday Yojana"?

It is a special scheme introduced under the Industrial Policy 2020 to provide financial assistance and support to Scheduled Caste (SC) and Scheduled Tribe (ST) entrepreneurs in the MSME sector.

What sectors are prioritized under the Industrial Policy 2020?

The policy prioritizes industries such as Auto and Auto Components, Chemicals and Petrochemicals, Pharmaceuticals, Cement, Textiles, Engineering, Gems and Jewellery, and Ceramics.

How does the scheme promote export competitiveness?

The scheme emphasizes "Vocal for Local to become Global," strengthening integrated value chains and encouraging MSMEs to enhance their export potential.

What is the duration of the scheme?

The scheme is effective from August 7, 2020, and will remain in operation until August 6, 2025.

What is the objective of this scheme-component?

This scheme-component is a special initiative aimed at empowering Scheduled Caste (SC) and Scheduled Tribe (ST) entrepreneurs through training, mentorship, and financial support.

Who is eligible to apply for this scheme?

Any individual above the age of 18 years belonging to the Scheduled Caste (SC) or Scheduled Tribe (ST) category is eligible to apply for this scheme.

What kind of training is provided under this scheme?

The scheme offers 360-degree entrepreneurship training, covering financial management, marketing, project management, e-commerce, soft skills, and other essential business competencies.

Does the applicant need to pay for the training program?

No, the government provides 100% assistance for the course fees, up to ₹10,000 per month per person.

How long does the training program last?

The training program has a minimum duration of 6 months and can extend up to 12 months.

Is any financial support provided to the trainees?

Yes, the scheme provides a sustenance allowance of ₹5,000 per month during the training period.

What kind of mentorship support is available?

The program includes mentorship from experienced industry professionals who provide guidance on business strategies, best practices, and skill development.

How much financial assistance is given for mentorship support?

The mentorship support is fully covered by the government, with a maximum assistance of ₹5,000/- per month per person for up to three months.

Can an individual who already owns a business apply for this scheme?

Yes, an existing business owner can apply as long as they belong to the SC/ST category and meet the eligibility criteria.

• Micro, Small and Medium Enterprise
• New Enterprise
• Existing Enterprise
• Expansion
• Gross Fixed Capital Investment (GFCI)
• Forward integration, Backward Integration and Diversification
• Term Loan
• Pipeline Enterprises

• https://www.myscheme.gov.in/schemes/bauuyseat
• https://ic.gujarat.gov.in/documents/commondoc/2020/2-GR_02092020.pdf
• https://ced.gujarat.gov.in/assets/downloads/360_Degree_Detail_application.pdf

• Guidelines
• Guidelines 2