About this business scheme
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.
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.
Benefits at a glance
| Scheme name | Scheme or assistance for Start Ups/ Innovation: Assistance to Startups having a Significant Impact on Society (SFASISSSIS) |
|---|---|
| Launched by | Industries and Mines Department |
| Launch year | 2020 |
| Benefit type | Cash (money paid to your bank account) |
| Category | Business |
| Level / State | State ยท Gujarat |
| Official portal | startup.gujarat.gov.in (link at the end of this page) |
Key facts
| Scheme for | Infra |
|---|---|
| Application mode | Online |
| Last date | Ongoing (no last date notified) |
| DBT (direct bank transfer) | No |
| Age | 18 to 60 years |
Who can apply (quick check)
- ๐คAll genders
- ๐Age 18 to 60 years
- ๐Online
Quick check from official data. Full conditions are in the Eligibility section.
What you receive
- Financial Support: Up to Rs. 10,00,000/- assistance is provided for innovative projects which have a significant impact on society,
Who qualifies
- 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.
Who is not eligible
- Entities formed by splitting or restructuring an existing business are not considered startups under this scheme.
- Startups availing benefits under other startup schemes of the Government of Gujarat are ineligible.
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Registration walkthrough
Online
Registration Process:
Step 1: Visit the online portal 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 online portal and click 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
Important dates
| Launch / start | 07 Aug 2020 |
|---|
Terms used in this scheme
- Startups (For The Purpose Of This Scheme)
- Any individual/group of individuals having innovative idea/concept after legal registration as LLP, Partnership or Private Limited Company. However, an entity shall cease to be a Startup on completion of ten years from the date of its incorporation/ registration or if its turnover for any previous year exceeds one hundred crore rupees.
- โlimited liability partnershipโ shall have the meaning as assigned to it in clause (n) of subsection (1) of Section 2 of the Limited Liability Partnership Act, 2008;
- โpartnership firmโ means a firm registered under section 59 of the Partnership Act, 1932;
- โprivate limited companyโ shall have the meaning as assigned to it in clause (66) Section 2 of the Companies Act, 2013;
- โturnoverโ shall have the meaning as assigned to it in clause (91) Section 2 of the Companies Act, 2013
- โEntityโ is working towards innovation, development or improvement of products or processes or services, or if it is a scalable business model with a high potential of employment generation or wealth creation.
- Innovative Project
An innovative project is a project that seeks to introduce new technology or make changes in the existing technology by implementing large and small, radical and incremental changes, resulting into the formulation of novel products, processes or services.
- Mentor
An individual/ resource person/expert who provides mentoring support to Startups through Nodal Institutes, possess domain/subject expertise and knowledge of Startup ecosystem of the state.
- Nodal Institution
Nodal Institution means an Institution which is approved /sanctioned by SLEC and intend to nurture and develop startups through resources, mentorship, networking and other common services such as infrastructure, equipment and facilities available in the institution.
Frequently asked questions
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 Rs. 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 startupโs proposal before recommending it to the Office of the Industries Commissioner for further scrutiny.
What happens after the Nodal Institution recommends a startupโs 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.
Submit your application yourself on the official portal; it costs nothing. Treat anyone demanding money to "get you approved" as a scam.
- Guidelines ic.gujarat.gov.in (PDF)
- User Manual startup.gujarat.gov.in (PDF)
tsmpb.in is not affiliated with any government department. Apply only on the official portal and never pay anyone for an application.
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