SBB480

Stand Up India

Stand Up India aims to support startups by providing loans ranging from 10 lakh to 1 crore. Eligible beneficiaries include SC/ST and/or women entrepreneurs above 18 years of age, focusing on greenfield projects where at least 51% of the ownership is held by these groups.

Central

States / UT: All India

Ministry / nodal: Public Sector Enterprise

Scheme for: Startups

Scheme profile

DBT (direct benefit transfer): No

Target beneficiaries: Startups

Tags: startups, Sector Agnostic Eligibility

Details

Brief

Stand Up India Scheme facilitates bank loans between 10 lakh and 1 crore to at least one scheduled caste (SC) or Scheduled Tribe, borrower, and at least one woman per bank branch for setting up a greenfield enterprise. This enterprise may be in manufacturing, services, or the trading sector. In case of non-individual enterprises at least 51% of the shareholding and controlling stake should be held by either an SC/ST or Woman entrepreneur.

Eligibility

  • SC/ST and/or women entrepreneurs; above 18 years of age Loans under the scheme are available for only greenfield projects. Greenfield signifies, in this context, the first-time venture of the beneficiary in the manufacturing or services or trading In the case of non-individual enterprises,51% of the shareholding and controlling stakes should be held by either SC/ST and/or Women Entrepreneur Borrower should not be in default to any bank or financial institution

Benefits

  • - Loans between 10 lakh and 1 Crore
  • Loans between 10 lakh and 1 Crore

Eligibility

  • SC/ST and/or women entrepreneurs; above 18 years of age Loans under the scheme are available for only greenfield projects. Greenfield signifies, in this context, the first-time venture of the beneficiary in the manufacturing or services or trading In the case of non-individual enterprises,51% of the shareholding and controlling stakes should be held by either SC/ST and/or Women Entrepreneur Borrower should not be in default to any bank or financial institution

Application Process

Online / portal

Official application / information link: https://www.standupmitra.in/Home/SUISchemes

Source listing: https://www.startupindia.gov.in/content/sih/en/government-schemes.html

References

Apply

Apply now

Opens the official application or programme portal in a new tab. If in doubt, confirm details on the ministry site.

Documents Required for Government Schemes

Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:

  • Aadhaar Card
  • Income Certificate
  • Caste Certificate (if applicable)
  • Residence Proof
  • Bank Account Details
  • Educational Certificates (for student schemes)

How to Apply for Government Schemes?

The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:

  1. Check eligibility criteria
  2. Collect required documents
  3. Fill the application form
  4. Submit the application online or at the relevant office
  5. Track application status