Scheme or assistance for Start Ups/ Innovation: Assistance to Startups having a Significant Impact on Society
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 "Assistance to Startups having a Significant Impact on Society", provides financial assistance to startups that are developing innovative projects with a significant social impact.
Eligibility
- Any individual or group of individuals with an innovative idea or concept, recommended by an approved Nodal Institution, is eligible. - The scheme is open to startups in any sector or branch of science, technology, engineering, agriculture, healthcare, etc., making it sector-agnostic. > Note: Startups availing benefits under the Student Startup and Innovation Policy (SSIP) are also eligible.
Benefits
- Financial Support: Up to ₹10,00,000/- assistance is provided for innovative projects which have a significant impact on society,
How to Apply
Where This Comes From
This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.