Scheme For Assistance For Start Ups/ Innovation
Gujarat's scheme provides financial aid to startups with innovative projects, promoting entrepreneurship and skill development.
Key facts
| Benefit | ₹50 lakh one-time subsidy |
|---|---|
| Who | Entrepreneurs in Gujarat |
| How paid | One-time financial assistance |
| Implemented by | State Government of Gujarat |
| Validity | Until 06.08.2025 |
| Application window | Annual window — confirm dates on the official portal |
Benefits
Beneficiaries can receive a one-time financial assistance of up to ₹5,000,000 for approved innovative projects. Additional support includes monthly sustenance allowances and seed funding based on specific criteria.
Who can apply
- For: entrepreneur
- Resident of Gujarat
- not income tax payer
- no government employee in family
- poor household
Eligible applicants include entrepreneurs residing in Gujarat who are not income tax payers and do not have any government employees in their family. Households classified as poor are also eligible for this scheme.
How to apply
Interested entrepreneurs can apply through the designated state government channels for startup assistance.
- Visit the official Gujarat government startup assistance portal.
- Register as a new user or log in if already registered.
- Fill out the application form with required details about your startup.
- Submit the application along with any necessary documentation as specified on the portal.
- Await approval from the State Level Empowered Committee (SLEC).
- Receive financial assistance upon approval of your innovative project.
Frequently asked questions
Who qualifies as a poor household for this scheme?
A poor household is typically defined by the state government criteria, which may include income thresholds and other socio-economic factors.
What types of projects are eligible for funding?
Projects that are innovative and approved by the State Level Empowered Committee (SLEC) are eligible for funding under this scheme.
Is there any support for skill development?
Yes, the scheme provides financial assistance for skill development training specific to various skills necessary for startups.
Can startups with government employees in their family apply?
No, startups with any government employees in the family are excluded from applying for this scheme.
What is the maximum amount of seed support available?
Startups can receive seed support of up to ₹3,000,000 based on the approval from the SLEC.
How long will the scheme be operational?
The scheme is operational for five years, from August 7, 2020, to August 6, 2025.
Always confirm the latest details on the official portal before applying.
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