Scheme or assistance for Start Ups/ Innovation: Assistance to Startups having a Significant Impact on Society

डीबीटी (प्रत्यक्ष लाभ अंतरण): नहीं

योजना प्रारंभ तिथि: 2020-08-07

श्रेणियाँ: व्यवसाय और उद्यमिता

उप-श्रेणियाँ: Setting up / start-up / entrepreneurship

लक्षित लाभार्थी: Business Entity, Industries

टैग: Start Up, Innovation, Entrepreneurship

• - Financial Support: Up to ₹10,00,000/- assistance is provided for innovative projects which have a significant impact on society,

What is the objective of the "Scheme for Assistance for Start Ups/ Innovation"?

The "Scheme for Assistance for Start Ups/ Innovation" is an umbrella scheme launched by the Industries and Mines Department, Gujarat under the Gujarat Industrial Policy. Effective from August 7th, 2020 to August 6th, 2025, aims to drive economic growth by generating jobs, fostering competition, and introducing next-gen solutions.

What is the objective of the "Assistance to Startups having a Significant Impact on Society" component?

The "Assistance to Startups having a Significant Impact on Society" component provides financial assistance to startups that are developing innovative projects with a significant social impact.

Who is eligible to apply for assistance under this scheme?

Any startup with an innovative idea or project, which has been recommended by an approved Nodal Institution, is eligible to apply for assistance under this scheme.

What is the maximum amount of financial assistance that can be received?

The maximum financial assistance that a startup can receive under this scheme is up to ₹10,00,000/-.

Which sectors can benefit from this financial assistance?

The scheme is sector-agnostic, meaning it supports startups in any sector, including science, technology, engineering, agriculture, and healthcare.

Can an entity formed by splitting or reconstructing an existing business apply for this scheme?

No, an entity formed by splitting or reconstructing an existing business is not eligible for assistance under this scheme.

Are startups receiving benefits from other Gujarat startup schemes eligible?

No, startups that are already receiving incentives under other Gujarat startup schemes, except for the Student Startup and Innovation Policy (SSIP), are not eligible for assistance under this scheme.

What role does the Nodal Institution play in the application process?

The Nodal Institution evaluates and validates the startup's proposal before recommending it to the Office of the Industries Commissioner for further scrutiny.

What happens after the Nodal Institution recommends a startup’s proposal?

After the recommendation, the proposal is scrutinized by the Office of the Industries Commissioner and then presented to the State Level Empowered Committee (SLEC) for final approval.

What is the State Level Empowered Committee (SLEC)?

The State Level Empowered Committee (SLEC) is responsible for giving the final approval and sanction for the startup project proposals.

Can a startup that is part of the Student Startup and Innovation Policy (SSIP) apply for this scheme?

Yes, startups that are part of the Student Startup and Innovation Policy (SSIP) are eligible to apply for this scheme and receive assistance.

What are the eligibility criteria for the startup project itself?

The startup project must be innovative and have a significant societal impact, irrespective of the sector.

Can a startup in the healthcare sector apply for this scheme?

Yes, startups in the healthcare sector are eligible to apply for assistance, provided their project is innovative and has a significant societal impact.

• Startups (For The Purpose Of This Scheme)
• Innovative Project
• Mentor
• Nodal Institution

• https://www.myscheme.gov.in/schemes/sfasisssis
• https://ic.gujarat.gov.in/documents/commondoc/2020/13-GR_02092020.pdf
• https://startup.gujarat.gov.in/assets/pdf/Startup%20User%20-%20V%201.0.pdf

• Guidelines
• User Manual