DETAILED START-UP SCHEMES BY GOVERNMENT OF INDIA                                                                                                        

Name Of The Scheme

Headed By

Industry applicable

Fiscal incentive (*T&C applied)

Support for International Patent protection in Electronics & Information Technology (SIP-EIT)

Department of Electronics and Information Technology (Deity)

IT Services, analytics, enterprise, software, technology hardware, Internet Things, Al

Up to INR l5 Lakhs per invention or 50% of the total expenses incurred in filing and processing of the patent application upto grant, whichever is lesser

Multiplier Grants Scheme (MGS)

Department of Electronics and information Technology (DeitY)

IT Services, analytics, enterprise software, technology, hardware, Internet

Limited to a maximum of INR 2 Cr per project and the duration of each project should, preferably, be less than two years. For industry consortiums these figures would be lNR 4 Cr and three years.

Software Technology Park (STP) Scheme

Software Technology Parks of India (STPI)

IT services, fintech, enterprise software, analytics, Al

Sales in the DTA up to 50% of the FOB value of exports is permissible and depreciation on computers at accelerated rates up to 100% over 5 years is permissible.

Electronic Development Fund (EDF) Policy

Department of Electronics and Information Technology (DeitY)

IT Services, analytics, enterprise software, technology hardware, Internet Things, Al, nanotechnology

Companies will get risk capital from “Daughter Funds” set up by Electronic Development Fund

Modified Special Incentive Package Scheme (M-SIPS)

Department of Electronics Information Technology (DeitY)

Technology hardware, Internet of Things, aeronautics/aerospace & defence,

Majorly provides capital subsidy of 20% in SEZ (25% in non-SEZ) for units

 

Name Of The Scheme

Headed By

Industry applicable

Fiscal incentive (*T&C applied)

 

 

automotive, non renewable energy, renewable energy, green technology and nanotechnology and electronics manufacturing.

Scheme to Support IPR Awareness Seminars/workshop S in E&IT Sector

Department of Electronics and Information Technology (DeitY)

IT services, analytics, enterprise software, technology hardware, Internet of Things, Al

Organisations are provided with a grant between INR 2 Lakhs to INR 5 Lakhs.

NewGen Innovation and Entrepreneurship Development Centre (NewGen IEDC)

NewGen Innovation and Entrepreneurship Development Centre (NewGen IEDC)  

hardware, Chemicals, technology healthcare & life sciences, aeronautics/aerospace & defence, agriculture, Al, ARVR (augmented + virtual reality), automotive, telecommunication & networking, computer vision, construction, design, non- renewable energy, renewable energy, green technology, fintech, Internet of Things, nanotechnology, social impact, food & Beverages, pets & animals, textiles & apparel.

Provide a limited, one-time, non- recurring financial assistance, up to a maximum of INR 25 Lakhs.    

The Venture Capital Assistance Scheme

Small Farmers’ Agri-Business Consortium (SFAC)

Agriculture

The quantum of SFAC Venture Capital Assistance will depend on the project cost, location and the promoter’s status.

Credit Guarantee

Credit Guarantee Fund Trust for Micro

Sector-Agnostic

Both term loans and/or working capital facility up to

 

Name Of The Scheme

Headed By

Industry applicable

Fiscal incentive (*T&C applied)

 

and Small Enterprises (CGTMSE)

 

INR 100 Lakhs per borrowing Unit are being provided

Performance & Credit Rating Scheme

National Small Industries Corporation JRNSIC)

Sector-agnostic

The incentives are the proportional to turnover of the MSMEs.

Raw Material Assistance

National Small Industries Corporation (NSIC)

Sector-agnostic

MSMEs will be helped to avail economics of purchases like bulk purchase, cash discount, etc. Also, all the procedures, documentation and issue of letter of credit in case of imports will be taken care of.

Revamped Scheme of Fund for Regeneration of Traditional

Khadi and Village Industries Commission

Sector-agnostic

Funds limited to a maximum of 1NR 8 Cr to support soft, hard and thematic interventions are provided.

Single Point Registration Scheme (SPRS)

National Small Industries Corporation (NSIC)

Sector-agnostic

Micro and small enterprises will get exemption from payment of Earnest Money Deposit EMD) and will be issued tender sets free of cost.

Aspire – Scheme for promotion of innovation, entrepreneurship and agro-industry

steering Committee, Ministry of MSME

Agriculture, pets & animals, social impact, healthcare & life sciences

Based on nature of existence of the incubator

Infrastructure Development Scheme

National Small Industries Corporation (NSIC)

Sector-agnostic

For a deposit of six months refundable rent, an office space of 467 sq.ft. to 8,657 sq.ft. is provided.

 

Name Of The Scheme

Headed By

Industry applicable

Fiscal incentive (*T&C applied)

 Industry innovation programme on medical electronics (IIPME).

 Biotechnology Industry Research Assistance Council(BIRAC)

 Healthcare and life sciences

The loan and grant are provided according to the start up stage. 

MSME Market Development Assistance

Office of the Development Commissioner (MSME)

Sector-agnostic

Provides air fare Reimbursements based on categoryentrepreneur lies in (General, women, SC/ST/PwD). The total subsidy on air fare & space rental charges will be restricted to INR 1.25 Lakhs per unit.

National Awards (Individual MSEs)

Office of the Development Commissioner (MSME)

Sector-agnostic

The Selected National awardee is facilitated with a cash prize of INR I Lakh, INR75K, INR 50K in order of ranking.

Coir Udyami Yojana

Coir Board

Agriculture

The amount of bank credit will be 55% of the total project cost after deducting 40% margin money (subsidy) and owner’s contribution of 5% from beneficiaries.

International Cooperation (IC) Scheme

Office of the Development Commissioner (MSME)

Travel & tourism, human resources, events, advertising

The incentives vary as per the organisation category.

Credit Linked Capital Subsidy for Technology Upgradation

Office of the Development Commissioner (MSME)

Sector-agnostic

Ceiling on loans under the scheme has been raised from INR 40 Lakhs to INR 1 Cr while the rate of subsidy has been enhanced from 12% tol5%.

Bank Credit Facilitation Scheme

National Small Industries Corporation

Sector-agnostic

N/A

 

Name Of The Scheme

Headed By

Industry applicable

Fiscal incentive (*T&C applied)

 

(NSIC)

 

 

Atal Incubation Centres (AIC)

Atal Innovation Mission (AIM)

Chemicals, technology hardware, healthcare & lifesciences, aeronautics /aerospace & defence, agriculture, Al, ARVR (augmented reality, virtual reality), automotive, telecommunication & networking, computer vision, construction. design, non- renewable energy, renewable energy. Green technology. fintech, Internet of Things, nanotechnology social impact, food & beverages, pets & animals, textiles & apparel.

AIM will provide a grant-in-aid of INR 10 Cr. To each AIC for a maximum of five years

Atal Tinkering Laboratories

Atal Innovation Mission

Chemicals, technology hardware, healthcare & lifesciences, aeronautics/ aerospace & defence, agriculture, Al, ARVR (augmented reality,  virtual reality), automotive, telecommunication & networking, computer vision, construction, design, non- renewable energy, p renewable energy, green technology, fintech, internet of Things, nanotechnology,

AIM will provide grant-in-aid that includes a one-time establishment cost of INR 10 Lakhs and operational expenses of INR 10 Lakhs for a maximum period of five years to each ATL.

 

Name Of The Scheme

Headed By

Industry applicable

Fiscal incentive (*T&C applied)

 

 

social impact, food & Beverages, pets & animals, textiles & apparel. Eligibility: Schools (Grade VI —XII) managed by the Government, local body or private trusts/society can apply to setup an ATL.

 

Scale-up Support Establishing Incubation Centres

NITI Aayog

Chemicals, technology hardware, healthcare & lifesciences, aeronautics/ aerospace & defence, agriculture, Al, ARVR (augmented reality, virtual reality), automotive, telecommunication & networking, computer vision, construction, design, non-renewable energy, renewable energy, green technology, fintech, internet of Things nanotechnology, social impact, food & Beverages, pets & animals, textiles &apparel.

Grant-in-aid support of INR 10 Cr wilt be provided in two annual instalments of INR 5 Cr each.

Udaan Training Programme For Unemployed Youth of J&K

National Skill Development Corporation (NSDC)

Education, human resources

INR 750 Cr has been earmarked for the implementation of the scheme over a period of five years

Enhancement of Competitiveness in the Indian Capital Goods Sector

Department of Heavy Industries (DHI)

Chemicals, technology hardware, healthcare & lifesciences, aeronautics/ aerospace & defence, agriculture,  automotive contruction, non-renewable energy, renewable energy, green technology,  internet of Things nanotechnology, social impact, food & Beverages, pets & animals, textiles &apparel.

One time grant up to 25% of the cost of the technology acquisition of each technology. Maximum amount given shall not exceed INR 10 Cr.

 

Name Of The Scheme

Headed By

Industry applicable

Fiscal incentive (*T&C applied)

Growth Capital and Equity Assistance

Small Industries Development Bank of India (SIDBI)

Sector-agnostic

MSMEs are helped to leverage equity I sub debt assistance from SIDBI for raising

Assistance to Professional Bodies & Seminars/Symposia

Science and Engineering Research Board (SERB)

Events, chemicals, technology hardware, healthcare & lifesciences, aeronautics/ aerospace & defence, agriculture, Al, ARVR (augmented reality, virtual reality), automotive, telecommunication & networking, computer vision, construction, design, non- renewable energy renewable energy, green technology, fintech, Internet of Things, nanotechnology, social impact, food & beverages, pets & animals, textiles & apparel.

The incentives include nominal support for preoperative expenses

Ayurvedic Biology Program

Science and Engineering Research Board (SERB)

Chemicals, healthcare & life sciences, nanotechnology, social impact.

Support is primarily given to encourage participation of young scientists and research professionals in such events along with nominal support for pre-operative expenses.

Industry Relevant R&D

Science and Engineering Research Board (SERB)

Sector-agnostic

The industry share should not be less than 50% of the total budget. Overhead is provided to the academic partner. The SERB share shall not exceed INR 50 lakhs for a period.

 

Name Of The Scheme

Headed By

Industry applicable

Fiscal incentive (*T&C applied)

 

 

 

Bridge Loan Against Generation-Based Incentive (GBI) Claims

Indian Renewable Energy Development Agency (IREDA)

Renewable energy, clean energy, green energy

A minimum loan assistance of INR 20 Lakhs is provided under this scheme

Loan for Rooftop Solar PV Power Projects

Indian Renewable Energy Development Agency (IREDA)

Renewable energy clean energy, green energy  

The queantum of loan from the IREDA shall be 70% of the project cost with minimum promoter’s contribution of 30% IREDA may extend the loan upto 75% of the project cost.

Credit Enhancement Guarantee Scheme

Indian Renewable Energy Development Agency (IREDA)

Renewable energy, clean energy, green energy

Provide credit enhancement by way of unconditional and irrevocable and irrevocable partial credit guarantee to enhance the credit rating of the proposed bond.

Dairy Entrepreneurship Development Scheme

National Bank for Agriculture and Rural Development (NABARD)

Agriculture, pets & animals, social impact, food & beverages.

The incentives differ with respect to the cost of the required equipment or establishment of the facilities

4E (End to End Energy Efficiency)

Small Industries Development Bank of India (SIDBI)

Sector-agnostic

Up to 90% of the project cost with minimum loan amount of INR 10 Lakhs and maximum loan amount no to exceed INR 150 Lakhs per eligible borrower can be granted. The MSME unit has to pay only INR 30,000 and applicable taxes and the balance fee will

 

Name Of The Scheme

Headed By

Industry applicable

Fiscal incentive (*T&C applied)

 

 

 

Be paid by SIDBI to auditors

Pradhan Mantri Mudra Yojana (PMMY)

Micro Units Development and Refinance Agency Ltd. (MUDRA)

Sector-agnostic

MUDRA offers incentives through these interventions; >Shishu: covering loans upto INR 50,000/- > Kishor: covering loans above INR 50,000/- and upto INR 5 Lakhs> Tarun: covering loans above INR 5 Lakhs and upto INR 10

Stand Up India

Small Industries Development Bank of India (SIDBI)

Sector-agnostic

Composite loan between INR 10 Lakhs and INR 1 Cr to cover 75% of the project cost can be taken up, inclusive of term loan and working capital.

Sustainable Finance Scheme

Small Industries Development Bank of India (SIDBI)

Green Energy, Non- renewable Energy, Technology Hardware Renewable Energy

Suitable assistance by way of term loan/ working capital ESCOs implementing EE/ CP /Renewable Energy project

SIDBI Make in Soft Loan Fund for Micro Small and Medium Enterprises

Small Development Bank of India (SIDBI)

Sector-agnostic

The loan amount granted is based on category entrepreneur lies in. (General, women,) SC/ST/PwD  

Start-up assistance Scheme

Small Industries Development Bank of India (SIDBI)

Sector-agnostic

The financial assistance provided need-based, subject to a maximum of INR 200 Lakhs and equity kicker

 

Name Of The Scheme

Headed By

Industry applicable

Fiscal incentive (*T&C applied)

 

 

 

National Science & Technology Management Information System (NSTMIS)

Department of Science and Technology (DST)

Chemicals, technology hardware, healthcare & lifesciences, aeronautics/ Aerospace & defence, agriculture, Al, ARVR (augmented reality  + virtual reality), automotive, telecommunication & networking, computer vision, construction, design, non— renewable energy, renewable energy, green technology, fintech, Internet of Things, nanotechnology, social impact, food & beverages, pets & animals, textiles & apparel.

Grant-in-aid are provided for projects. Also, overheads on projects are provided at the rate of 10% of the total project cost for educational institutions and NGOs and 8% laboratories & institutions under Central Government departments/agencies

Biotechnology Industry Partnership Programme (BIPP)

Biotechnology Industry Research Assistance Council (BIRAC)

Healthcare & life sciences

Support is provided for high-risk, accelerated technology development especially in futuristic technologies.

 

 

Extra Mural

SERB

SERB supports potential scientists for undertaking research in frontier areas of S&T in Life Sciences, Physical Sciences, Chemical Sciences, Engineering Sciences, Earth & Atmospheric Sciences & Mathematical Sciences.

The research grant Covers equipment, consumables, contingency and travel apart from overhead grants. No budget limit is prescribed. for these projects.The funding is provided normally for a period of three years.

 

Name Of The Scheme

Headed By

Industry applicable

Fiscal incentive (*T&C applied)

 

 

 

High Risk-High Reward Research

Science and Engineering Research Board (SERB)

Chemicals, technology hardware, health care & lifesciences aeronautics/ Aerospace & defence, agriculture, Al, ARVR (augmented  reality, virtual reality), automotive, telecommunication & networking, computer vision, construction, design, non— renewable energy, renewable energy, green technology, fintech, Internet of Things, nanotechnology, social impact, food & beverages, pets & animals, textiles & apparel.

The research grant Covers equipment, consumables, contingency and travel apart from overhead grants. No budget limit is prescribed. for these projects

Technology Development Programme (TDP)

Science and Engineering Research Board (SERB)

Chemicals technology hardware, healthecare & lifesciences, aeronautics/ Aerospace & defence, agriculture, Al, ARVR (augmented reality, virtual reality), automotive, telecommunication & networking, computer vision, construction, design, non— renewable energy, renewable energy, green technology

Provided support for project staff salaries equipment, supplies and consumables, contingency expenditure, patent filing charges, outsourcing charges, etc.

 

Name Of The Scheme

Headed By

Industry applicable

Fiscal incentive (*T&C applied)

Research Funding

Science and Engineering Research Board (SERB)

Chemicals, technology, hardware, health care & lifesciences aeronautics/ Aerospace & defence, agriculture, Al, ARVR (augmented reality,  virtual reality), automotive, telecommunication & networking, computer vision, construction, design, non— renewable energy, renewable energy, green technology, fintech, Internet of Things, nanotechnology, social impact, food & beverages, pets & animals, textiles & apparel.

The research grant covers equipment, consumables, contingency and travel apart from overhead grants. No budget limit is prescribed.

SPARSH (Social Innovation programme for Products: Affordable & Relevant to societal Health)

Biotechnology Industry Research Assistance Council (BIRAC)

Healthcare & life sciences

The loan and grant are provided according to the start-up stage.

Promoting Innovations in Individuals, Startups and MSMEs (PRISM)

Council of Scientific & Industrial Research

Sector-agnostic

Support grant is provided under categories such as PRISM Phase I, PRISM Phase II, PRISM-R&D Proposals.

Science and Technology of Yoga and Meditation (SATYAM)

Department of Science and Technology (DST)

 

Healthcare & life sciences

 

Not specified

Rapid Grant for Yong Investigator (RGYI)        

Department of Biotechnology (DBT)

Healthcare & life sciences

RGYI provides startup grants to young investigators across the country Working in different settings such as central government funded institution state government funded university department Scientist at DSIR approve private institutions etc.       

Name Of The Scheme

Headed By

Industry applicable

Fiscal incentive (*T&C applied)

 

 

National Clean Energy Fund (NCEF) Refinance

Indian Renewable Energy Development Agency (IREDA)

Renewable energy, clean energy, green energy plants.

REDA would provide funds received from NCEF by way of refinance to scheduled commercial banks and financial institutions (including IREDA). Maximum refinance amount INR l5Crper project.

IREDA Scheme For Discounting Energy

Indian Renewable Energy Development Agency (IREDA)

Renewable energy, clean energy, green energy

Upto 75% of the invoice value pending for maximum six months from the date of application subject to a maximum bill discounting facility of INR 20 Cr. The minimum amount transaction coven a set of bills shall be less than INR 1 Cr.

Bridge Loan Against MNRE Capital Subsidy      

Bridge Loan Against MNRE Capital Subsidy

Renewable energy, clean energy, green energy

The projects will get up to 80% of the existing pending eligiblecapital subsidy claim, as verified by the IREDA with a minimum loan assistance of INR 20

 

Name Of The Scheme

Headed By

Industry applicable

Fiscal incentive (*T&C applied)

 

 

 

.

Biotechnology ignition Grant  (BIG)

Biotechnology Industry Research Assistance Council (BIRAC)

Healthcare & life sciences  

Up to INR 50 Lakhs for research projects with a commercialisation potential with duration of up to 18 months are provided.

 References:

A DISC Workshop on ” Biotechnology Start -Up Ecosystem in India” 2019, BCIL, New Delhi, INSA

http://www.ict-ipr.in/sipeit/login

https://meity.gov.in/content/multiplier-grants-scheme

https://www.stpi.in/11025

https://negd.gov.in/sites/default/files/EDF_Booklet_0.pdf

https://www.cdac.in/index.aspx?id=st_egov_emsips_ad

https://meity.gov.in/content/ipr-awareness

http://www.nstedb.com/institutional/edc.htm

http://sfacindia.com/PDFs/Revised-VCA_Operational-Guidelines.pdf

http://dcmsme.gov.in/schemes/sccrguarn.htm

https://msme.gov.in/sites/default/files/PCR_EN.pdf

http://alpha.nsic.co.in/rma.asp

https://msme.gov.in/scheme-fund-regeneration-traditional-industries

https://www.nsic.co.in/Schemes/Single-Point-Registration.aspx

https://msme.gov.in/sites/default/files/ASPIRE_EN.pdf

https://msme.gov.in/6-infrastructure-development-programme

https://www.birac.nic.in/desc_new.php?id=277

http://dcmsme.gov.in/MSME-DO/SSIMDA.htm

https://www.startupindia.gov.in/content/sih/en/government-schemes/national_awards_for_mse.html

http://coirservices.gov.in/Html_Files/CUY_SCHEME.htm

https://msme.gov.in/sites/default/files/IC-Scheme-Guidelines-June-2018.pdf

http://www.dcmsme.gov.in/schemes/Credit_link_Scheme.htm    

https://www.nsic.co.in/Schemes/Credit-Facilitation-Through-Bank.aspx

https://aim.gov.in/atal-incubation-centres.php

https://indiastemfoundation.org/atal-tinkering-lab/

https://niti.gov.in/writereaddata/files/EIC_guidelines_2017.pdf

https://www.msde.gov.in/udaan.html

https://dhi.nic.in/writereaddata/Scheme%20Brochure.pdf

http://iimvic.iimv.ac.in/images/schemes/SMILE.pdf

http://serb.gov.in/apbs.php