Scheme for assistance for Start Ups/ Innovation: Sustenance Allowance
At a Glance
Scheme Category
Business & Entrepreneurship,Setting up / start-up / entrepreneurship
Target Beneficiaries
Business Entity,Industries
Brief Description
The "Scheme for Assistance for Start Ups/ Innovation" under the Gujarat Industrial Policy, aims to drive economic growth by generating jobs, fostering competition, and introducing next-gen solutions.
Benefit Type
Cash
Eligibility Criteria
- 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.
Application Mode
Online
Application Process
> Registration Process: Step 1: Visit the <nis:link nis:type=webUrl nis:id=slugId nis:text="online portal" nis:value=https://startup.gujarat.gov.in/home nis:enabled=true/> and click on the "Register" button, located at the top right corner. Step 2: Enter Email ID and click on Next button. Verify the details and click on "Submit" to get registered on portal. Step 3: Upon login, fill in the details on Common Application Form. Click on "Sign Up". > Application Process: Step 1: Visit the <nis:link nis:type=webUrl nis:id=slugId nis:text="online portal and c" nis:value=https://startup.gujarat.gov.in/home nis:enabled=true/>lick on Login button. Enter Registered Email ID and Password and click on the "Sign In" button Step 2: In "Dashboard" section fill in all the required details. Step 3: Click on Apply Now Icon located at Dashboard of User. Step 4: From the list Select the Scheme and Fill the Application details. > Contact Us: Startup Gujarat Cell Office of Industries Commissionerate Block No: 1, 3rd Floor, Udhyog Bhavan, Sector: 11, Gandhinagar - 382010 Gujarat, INDIA. 079-23252588 / 1800-233-0616 icstup@gujarat.gov.in
Required Documents
- Pitch presentation with following details: Problem statement Objective for the startup or innovation Description of product/ service How does it work? USP/Uniqueness of the product/service Target market and customers Competition analysis – key competitors, advantage of product/ service over competition etc. Detailed project cost breakup Tentative action plan for the next 3-5 years Revenue projections for the next 3-5 years Technical feasibility/ product testing report / certification (if any) Financial feasibility report / certification (if any) Evaluation matrix by Nodal Institution Recommendation form by Nodal Institution (revised format is attached for reference) Undertaking
FAQs
What is the objective of the "Scheme for Assistance for Start Ups/ Innovation"?
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, aims to drive economic growth by generating jobs, fostering competition, and introducing next-gen solutions.
What is the "Sustenance Allowance" component?
The component provides financial support to startups to cover operational expenses, offering ₹20,000–₹25,000 per month for one year.
Who is eligible for this component?
Individuals or groups with innovative ideas or concepts, recommended by an approved Nodal Institution, are eligible to apply for the scheme.
What is the amount provided to startups under this scheme?
Startups are provided with ₹20,000/- per month, and those with at least one woman co-founder receive an enhanced allowance of ₹25,000/- per month.
Is the scheme limited to specific sectors or industries?
No, the scheme is sector-agnostic and supports innovative projects in any sector, including science, technology, engineering, agriculture, and healthcare.
Can a startup avail of benefits from multiple schemes simultaneously?
Startups that are already availing of incentives under other startup schemes of the Government of Gujarat, except the Student Startup and Innovation Policy (SSIP), are not eligible for this scheme.
What is the duration of the financial assistance under the scheme?
The financial assistance is provided for a maximum duration of one year.
What is the role of the Nodal Institution in this scheme?
The Nodal Institution evaluates, validates, and recommends the startup's project proposal to the Office of the Industries Commissioner for approval.
Are startups formed by restructuring existing businesses eligible for this scheme?
No, startups formed by splitting up or reconstructing an existing business are not considered eligible under this scheme.
Can a startup with a woman co-founder receive a higher allowance?
Yes, startups with at least one woman co-founder are eligible to receive ₹25,000 per month instead of ₹20,000.
How can a startup apply for the Sustenance Allowance Scheme?
Startups can apply by registering on the designated online portal, submitting their project proposal to a Nodal Institution, and following the application procedure outlined in the scheme.
How is the sustenance allowance disbursed to eligible startups?
The sustenance allowance is disbursed monthly to eligible startups after approval by the State-Level Empowered Committee (SLEC).