Central GovernmentVerified

Scheme or assistance for Start Ups/ Innovation: Assistance to Startups having a Significant Impact on Society

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 ↗

About This Scheme

The &quot;Scheme for Assistance for Start Ups/ Innovation&quot; 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 &quot;Assistance to Startups having a Significant Impact on Society&quot;, provides financial assistance to startups that are developing innovative projects with a significant social impact.

Benefits

₹10.0 L

Financial Support: Up to ₹10,00,000/- assistance is provided for innovative projects which have a significant impact on society,

Eligibility

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

Required Documents

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Pitch presentation with following details:
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Social issue that a startup intends to address
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Mission of the startup
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Vision of the startup
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Description of product/ service
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How does it work?
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Tentative action plan for the next 3-5 years
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Details of the stakeholders benefited from the social impact generated by the startup
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Describe measurable social impact generated by the startup. You must support it with photographs, interviews/testimonials of stakeholders/beneficiaries, recognitions or achievements etc.
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Describe non-measurable social impact generated by the startup. You must support it with photographs, interviews/testimonials of
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stakeholders/heneficiaries recognitions or achievements etc.
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 Technical feasibility/ product testing report / certification (if any)
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 Financial feasibility report / certification (if any)
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 Evaluation matrix by Nodal Institution
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 Recommendation form by Nodal Institution (revised format is attached for reference)
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 Undertaking

✦ Required ◦ Optional

How to Apply

OOnline

Quick Info

Level: Central Government
Max benefit: ₹10.0 L
Launched: 7 Aug 2020