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Start-up policy (2019-2024)

09-Dec-2022 12:34:26
Business Development Services

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Scheme Provider :
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Department of Commerce & Industries

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Sector :
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Business Development Services, Funding

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States :
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Chhattisgarh

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Eligibility :
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Start-ups

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Vertical :
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Funding, Starting up

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Link for enrollment :
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Link to scheme information :
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Link to government website :
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https://industries.cg.gov.in/startupcg/pdf/startup%20package%202019-24.pdf +
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Details :
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The definition of Startup will be valid as notified by the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India on 19th February 2019. Accordingly, a unit/unit will be considered as a startup as follows - +(a) for a period of 10 years from the date of its incorporation/registration, if it is incorporated in India as a private limited company (as defined in the Companies Act 2013) or a partner firm (under section 59 of the Partners Act 1932) Registered) or registered as a Limited Liability Partnership (under the Limited Liability Partnership Act 2008). +(b) of the unit/unit in any financial year from the time of incorporation/registration +The total turnover should not exceed Rs.100 crore. If it is working in relation to innovation, development or improvement of products or processes or services or it is a scalable business model with high potential for job creation or wealth creation. The policy provides multiple fiancial and non financial incentives. Please refer to the link of the PDF to learn more.

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Introduction :
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Benefits :
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Gender :
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Female, Other

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Implementing Agency :
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Target Audience :
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Enterprises

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Primary Domain :
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Business Development Services

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Secondary Domain :
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Funding

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Relevant schemes (6)

Integrated Cold Chain and Value Addition Infrastructure

MMSME Champions scheme

Self Reliant India (SRI) Fund - Empowering MSMEs for Aatmanirbhar Bharat

Training Scheme

Grant-in-aid to Voluntarv and other Organizations for Scheduled Castes

Assistance for Skill Development of Other Backward Classes (OBCs)/ De-Notified, Nomadic And Semi-Nomadic Tribes (DNTS)/ Economically Backward Classes (EBCs)

Similar Resources

Training Scheme

The objective of this scheme is to provide training to the target group to make them capable and self-dependant through appropriate technical training in the field of traditional and technical occupations and entrepreneurship, Financial assistance is provided in the form of grant through SCA/Institution. The trainee are encouraged to get wage employment and also can obtain loan under NBCFDC general loan schemes to start his/her business after successful completion of the training. + +Eligibility: +The applicant should belong to the Backward Classes as notified by Central Government/ State Government from time to time. The annual family income of the applicant should be less than Rs.1,03,000/- p.a. in urban areas and Rs.81,000/- p.a. in rural areas. + +Under this scheme the eligible youths of the target group are trained to meet the market demands of various industries/sectors and also for up-grading the skills of traditional Craftsman/Artisans, who have inherited the trade/occupations from the generations. NBCFDC has established training linkages with reputed training institutions in the country and arrange training in specialized trades for eligible candidates through these training institutions. +Expenditure borne by NBCFDC - 100% of the training cost +Duration - Upto Six months

  • Business Development Services
Integrated Processes Development Schemes (IPDS)

The primary objective of the IPDS is to facilitate the textile industry to become globally competitive using environmentally friendly processing standards and technology. The scheme would facilitate the textile units to meet the required environmental standards. The IPDS would create new processing parks as well as support the upgradation of existing processing clusters specifically in the area of water and waste water management as also to promote research and development for a cleaner technology in the processing sector. + +IPDS proposes to establish 4-6 Brown field and 3-5 Green field projects addressing the needs of the existing Textile/Clusters. Eligible projects under the scheme would cover the following: +Group A - Water treatment & effluent treatment plant and technology (including marine, Riverine and ZLD). +Group B – Common infrastructure such as captive power generation plants on technology preferably renewable/green technology, +Group C – Common facilities such as Testing Laboratories and R&D centres. + +The Special Purpose Vehicle shall fund the project through a mix of equity from members of industry, grant support from Ministry of Textile / State Government, and the loan from Banks and Financial Institutions. The Government of India support under the scheme by the way of grant would be limited to 50% of the project cost, with a ceiling of Rs.75 crores for projects with Zero Liquid Discharge Systems and Rs.10 crores for projects with conventional treatment systems. Support for marine discharge projects would be analysed on a case to case basis with a maximum ceiling of Rs.75 crores.

  • Business Development Services
Raw Material Supply Scheme (RMSS)

Raw Material Supply Scheme is being implemented throughout the country to make available all types of yarn to Handloom weavers. + +Under Raw Material Supply Scheme (RMSS), the freight is reimbursed and depot operating charge @2% (limited to Rs. 15,000/- per month) of the value of the yarn supplied is given to depot operating agencies. At present, 511 such yarn depots and 46 warehouses are functioning throughout the country. NHDC is also supplying quality dyes and chemicals to the handloom sector at competitive rates.

  • Business Development Services
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