State GovernmentVerified
Scheme For Assistance For Start Ups/ Innovation
The "Scheme for Assistance for Startups / Innovation" has been introduced to encourage R&D and start innovation and entrepreneurship at different levels of the startup cycle. The scheme came into force on 07/08/2020 and will remain in operation for a period of 5 years, i.e. upto 06.08.2025.
Start date9 Jan 2020
Last verifiedToday
About This Scheme
The key objective of the Gujarat Industrial policy 2020 is to encourage R&D and start innovation and entrepreneurship. Hence, the new scheme is being introduced in order to support startups and innovation at different levels of the startup cycle. In view of the strategy under Gujarat Industrial Policy, the Government is pleased to introduce a "Scheme for Assistance for Startups / Innovation" which will come into force from 07/08/2020 and will remain in operation for a period of 5 years, i.e. upto 06.08.2025. The scheme aims to give a further thrust to promoting startups and strengthening the ecosystem in the state, a task force comprised of leading stakeholders in the Gujarat startup ecosystem. Gujarat, owing to its inherent strength of widespread entrepreneurial spirit has gained a significant spot in the national startup ecosystem. The incentives to Startups under the Gujarat Industrial Policy 2015 have supported in the creation of a strong network of nodal institutions and several startups have expanded their operations/ products both at the national and international levels.
Eligibility
Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.
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Required Documents
- ✦Problem statement
- ✦Objective for the startup or innovation
- ✦Description of product/ service
- ✦How does it work?
- ✦USP/Uniqueness of the product/service
- ✦Target market and customers
- ✦Competition analysis – key competitors, the advantage of product/ service over competition, etc.
- ✦Detailed project cost breakup
- ✦Tentative action plan for the next 3-5 years
- ✦Revenue projections for the next 3-5 years
- ✦Social issue that a startup intends to address
- ✦Mission of the startup
- ✦Vision of the startup
- ✦Description of product/ service
- ✦How does it work?
- ✦Tentative action plan for the next 3-5 years
- ✦Details of the stakeholders who benefited from the social impact generated by the startup
- ✦Describe the measurable social impact generated by the startup. You must support it with photographs, interviews/testimonials of stakeholders/beneficiaries, recognitions or achievements, etc.
- ✦Describe the non-measurable social impact generated by the startup. You must support it with photographs, interviews/testimonials of stakeholders/beneficiaries, recognitions or achievements, etc.
✦ Required ◦ Optional
How to Apply
IIn-person
Quick Info
- Level
- State Government
- Launched
- 9 Jan 2020