Startup Odisha initiative
09-Dec-2022 12:36:44Micro, Small & Medium
+Enterprises Department Incubation and Acceleration, Market Linkages Odisha Enterprises Product and technology, Marketing assistance Benefits to recognized Startups :
+Monthly allowance of Rs.20,000 (Rs.22,000/-, if the startup Founder (s)/Co-Founder (s) are Women or transgender or from Social Categories such as SC/ST/SEBC/PH. In such a case, Woman or transgender or SC/ST/SEBC/PH should have at least 50% equity in the startup entity.), which may be provided to a ‘recognized Startup entity’ for a period of one year.
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+Product Development and Marketing/ Publicity assistance up to Rs. 15 lakh (Upto Rs.16 lakhs, if the startup Founder (s)/Co-Founder (s) is Woman or transgender or from Social Categories such as SC/ST/SEBC/PH. In such a case, Woman or transgender or SC/ST/SEBC/PH should have at least 50% equity in the startup entity.), which may be given to a ‘recognized’ Startup entity for introduction of innovated product in the market.
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+Financial Support for event Participation- financial support to state recognized Startups for participating in the reputed national and international events, where they are representing the state. The support may include economy class air fare or 3 tier AC train fare for travel & free space in the stall, if set up by State Government.
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+Subsidised Incubation - Recognised startups may avail subsidy benefit to the extent of 50% of monthly rental of the incubation space (subject to a maximum of Rs. 5000) for a period of maximum one year, if getting incubated at any of the incubators recognised by the Startup Odisha Initiative. N Enterprises Incubation and Acceleration Market LinkagesScheme Provider :
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Relevant schemes (6)