Scheme for assistance for Start Ups/ Innovation: Seed Support

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 "Sustenance Allowance", offers financial assistance to startups for developing innovative projects, covering costs related to prototype development, market research, testing, trials, and marketing/publicity assistance for attending national/international events.

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

> Total Assistance: ₹30,00,000/-. - Prototype Development: Covers costs for raw materials, consumables, hardware, software, professional services, equipment, or tools. - Market Research: Financial aid for conducting market research to ensure product viability. - Testing & Trials: Assistance for product testing and trial phases. - Marketing/Publicity Assistance: Support for attending national/international events (fees/charges only; travel and accommodation expenses excluded).

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.