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Mukhyamantri Yuva Udyami Yojana
This is a flagship scheme of the Bihar government aimed at promoting entrepreneurship and self-employment among the youth by providing financial assistance of up to ₹10,00,000/- for setting up businesses.
About This Scheme
Benefits
₹10.0 L
- Substantial Financial Support: Receive up to ₹10,00,000/- for setting up a business (50% of the total financial assistance (up to ₹5,00,000/-) is provided as a non-repayable grant. The remaining 50% (up to ₹5,00,000/-) is offered as an interest-free loan, with a nominal 1% interest under specific sub-schemes.)
- Skill Development: Mandatory training sessions are provided to enhance entrepreneurial skills.
Eligibility
- •
The applicant must be a permanent resident of Bihar.
- •
The applicant should have passed at least 10+2, Intermediate, ITI, Polytechnic Diploma, or equivalent.
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The applicant must be aged between 18 and 50 years.
- •
The business unit must be a proprietorship or partnership firm.
- •
Only general and backward-class male applicants are eligible.
Required Documents
- ✦Matriculation certificate (in which date of birth is mentioned).
- ✦Intermediate or equivalent passing certificate.
- ✦Caste certificate.
- ✦Permanent residence certificate.
- ✦Disability certificate (if required).
- ✦Photograph of the applicant.
- ✦Signature of the applicant.
✦ Required ◦ Optional
How to Apply
Step 1: Visit the official website and click on "Registration/Log in". Select "Mukhyamantri Udyami Yojana" as "MMUY".
Step 2: A new page will open where you need to enter your Aadhaar number and create a desired password.
Step 3: Click on the "Login" option after entering the details.
Step 4:A registration form will appear. Fill in the required details carefully.
Step 5: Once completed, click on the "Submit" button to finalize your registration.
Application Process:Step 1: After successful registration, log in to the portal using your Aadhaar number and password.
Step 2: The application form will appear on your dashboard. Fill in the form accurately with all the necessary details.
Step 3: Upload all the required documents as specified in the instructions.
Step 4: Review the application to ensure all information is correct.
Step 5: Click on the "Submit" button to complete the application process.
Step 6: Download and print the acknowledgment receipt for your records. Keep it safe for future correspondence.
Quick Info
- Level
- Central Government
- Max benefit
- ₹10.0 L
Available In
Categories
Data Sources
- https://www.myscheme.gov.in/schemes/myuyb ↗Accessed 7 days ago
- https://www.myscheme.gov.in/schemes/myuyb ↗Accessed 15 days ago
- https://www.myscheme.gov.in/schemes/myuyb ↗Accessed 15 days ago
- https://www.myscheme.gov.in/schemes/myuyb ↗Accessed 23 days ago
- https://www.myscheme.gov.in/schemes/myuyb ↗Accessed 1 months ago
- https://www.myscheme.gov.in/schemes/myuyb ↗Accessed 1 months ago
- https://www.myscheme.gov.in/schemes/myuyb ↗Accessed 1 months ago
- https://www.myscheme.gov.in/schemes/myuyb ↗Accessed 1 months ago
