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) |
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automotive, non renewable energy, renewable energy, green technology and nanotechnology and electronics manufacturing. |
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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) |
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and Small Enterprises (CGTMSE) |
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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) |
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(NSIC) |
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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) |
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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. |
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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) |
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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) |
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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) |
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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. |
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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) |
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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) |
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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) |
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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