Scheme or assistance for Start Ups/ Innovation: Assistance to Startups having a Significant Impact on Society
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: Social issue that a startup intends to address Mission of the startup Vision of the startup Description of product/ service How does it work? Tentative action plan for the next 3-5 years Details of the stakeholders benefited from the social impact generated by the startup Describe measurable social impact generated by the startup. You must support it with photographs, interviews/testimonials of stakeholders/beneficiaries, recognitions or achievements etc. Describe non-measurable social impact generated by the startup. You must support it with photographs, interviews/testimonials of stakeholders/heneficiaries recognitions or achievements etc. 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 objective of the "Assistance to Startups having a Significant Impact on Society" component?
The "Assistance to Startups having a Significant Impact on Society" component provides financial assistance to startups that are developing innovative projects with a significant social impact.
Who is eligible to apply for assistance under this scheme?
Any startup with an innovative idea or project, which has been recommended by an approved Nodal Institution, is eligible to apply for assistance under this scheme.
What is the maximum amount of financial assistance that can be received?
The maximum financial assistance that a startup can receive under this scheme is up to ₹10,00,000/-.
Which sectors can benefit from this financial assistance?
The scheme is sector-agnostic, meaning it supports startups in any sector, including science, technology, engineering, agriculture, and healthcare.
Can an entity formed by splitting or reconstructing an existing business apply for this scheme?
No, an entity formed by splitting or reconstructing an existing business is not eligible for assistance under this scheme.
Are startups receiving benefits from other Gujarat startup schemes eligible?
No, startups that are already receiving incentives under other Gujarat startup schemes, except for the Student Startup and Innovation Policy (SSIP), are not eligible for assistance under this scheme.
What role does the Nodal Institution play in the application process?
The Nodal Institution evaluates and validates the startup’s proposal before recommending it to the Office of the Industries Commissioner for further scrutiny.
What happens after the Nodal Institution recommends a startup’s proposal?
After the recommendation, the proposal is scrutinized by the Office of the Industries Commissioner and then presented to the State Level Empowered Committee (SLEC) for final approval.
What is the State Level Empowered Committee (SLEC)?
The State Level Empowered Committee (SLEC) is responsible for giving the final approval and sanction for the startup project proposals.
Can a startup that is part of the Student Startup and Innovation Policy (SSIP) apply for this scheme?
Yes, startups that are part of the Student Startup and Innovation Policy (SSIP) are eligible to apply for this scheme and receive assistance.
What are the eligibility criteria for the startup project itself?
The startup project must be innovative and have a significant societal impact, irrespective of the sector.
Can a startup in the healthcare sector apply for this scheme?
Yes, startups in the healthcare sector are eligible to apply for assistance, provided their project is innovative and has a significant societal impact.