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Scheme for assistance for Start Ups/ Innovation: Pre- Series A Funding

The Scheme for Assistance for Start Ups/ Innovation under the Gujarat Industrial Policy, aims to drive economic growth by generating jobs, fostering competition, and introducing next-gen solutions.

Start date7 Aug 2020
Last verifiedToday
Official Source ↗
Source: myScheme.gov.in ↗Last verified: 5 Oct 2026·YojnaGuru is not affiliated with or endorsed by any government body

About This Scheme

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, it aims to drive economic growth by generating jobs, fostering competition, and introducing next-gen solutions. The component "Pre-Series A Funding", bridges the financial gap known as the "valley of death" in a startup's lifecycle. This phase occurs after commercialization, when startups begin generating revenue but have not yet gained significant market traction. Under Gujarat Venture Finance Limited (GVFL), a special fund is created to provide mid-level Pre-Series A funding to startups, particularly those that have received seed support under various government schemes.

Benefits

  • Bridges Funding Gap: Provides financial support during the critical "valley of death" phase.

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.
  • •

    Any individual or group of individuals with an innovative idea or concept, recommended by an approved Nodal Institution, is eligible.

  • •

    The scheme is open to startups in any sector or branch of science, technology, engineering, agriculture, healthcare, etc., making it sector-agnostic.

  • •

    Note: Startups availing benefits under the Student Startup and Innovation Policy (SSIP) are also eligible.

Required Documents

  • ✦
    Proof of startup registration (Startup India or equivalent).
  • ✦
    Recommendation letter from a Nodal Institution.
  • ✦
    Business proposal document with innovative idea details.
  • ✦
    Financial documents, including projected revenue and funding requirements.
  • ✦
    A declaration of non-availment of incentives under other schemes (except SSIP, if applicable).
  • ✦
    Any other documents (If required).

✦ Required ◦ Optional

How to Apply

OOnline
Registration Process:

Step 1: Visit the online portal and click on the "Register" button, located at the top right corner.

Step 2: Enter Email ID and click on Next button. Verify the details and click on "Submit" to get registered on portal.

Step 3: Upon login, fill in the details on Common Application Form. Click on "Sign Up".

Application Process:

Step 1: Visit the online portal and click on Login button. Enter Registered Email ID and Password and click on the "Sign In" button

Step 2: In "Dashboard" section fill in all the required details.

Step 3: Click on Apply Now Icon located at Dashboard of User.

Step 4: From the list Select the Scheme and Fill the Application details.

Contact Us:

Startup Gujarat Cell

Office of Industries Commissionerate

Block No: 1, 3rd Floor, Udhyog Bhavan, Sector: 11, Gandhinagar - 382010 Gujarat, INDIA.

079-23252588 / 1800-233-0616

icstup@gujarat.gov.in

Quick Info

Level
Central Government
Launched
7 Aug 2020

Available In

Gujarat

Categories

Business & Entrepreneurship

Data Sources