Central GovernmentVerified

Scheme for assistance for Start Ups/ Innovation: Seed Support

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

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 "Sustenance Allowance", offers financial assistance to startups for developing innovative projects, covering costs related to prototype development, market research, testing, trials, and marketing/publicity assistance for attending national/international events.

Benefits

₹30.0 L

> Total Assistance: ₹30,00,000/-.

Prototype Development: Covers costs for raw materials, consumables, hardware, software, professional services, equipment, or tools. - Market Research: Financial aid for conducting market research to ensure product viability. - Testing & Trials: Assistance for product testing and trial phases. - Marketing/Publicity Assistance: Support for attending national/international events (fees/charges only; travel and accommodation expenses excluded).

Eligibility

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

Required Documents

  • Detailed startup project proposal.
  • Identity proof of the applicant(s).
  • Recommendation letter from the Nodal Institution.
  • Declaration regarding non-availment of benefits from other state startup schemes.
  • Relevant technical/financial documents as requested.
  • Any other document (if required).

✦ Required ◦ Optional

How to Apply

OOnline

Quick Info

Level
Central Government
Max benefit
₹30.0 L
Launched
7 Aug 2020