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One District One Product Funding

09-Dec-2022 12:35:11
Funding

Scheme Provider :

Directorate of Industries and Enterprise Promotion

Sector :

Funding

States :

Uttar Pradesh

Eligibility :

All individuals between 18 to 40 residing in UP

Vertical :

Financial Assistance

Link for enrollment :
Link to scheme information :
Link to government website :
Details :

The objective of the scheme is to benefit the artisans/ workers /entrepreneurs through financial incentives for the overall development of selected products under One District One Product (ODOP). Under the scheme, only the project/units of ODOP product identified for the respective district will get the facility of funding assistance in industry, service and business sector. 1) Under the scheme, 25 percent of the project cost or a maximum of Rs 6.25 lakh, whichever is less, will be payable as margin money for units of the total project cost up to Rs.25 lakh. 2) For units with a total project cost above Rs.25 lakh and up to Rs.50 lakh, an amount of Rs.6.25 lakh or 20 percent of the project cost, whichever is higher, will be payable as margin money. 3) For units with a total project cost above Rs.50 lakh and up to Rs.150 lakh, an amount of Rs.10 lakh or 10% of the project cost, whichever is higher, will be payable as margin money. 4) For units with a total project cost of more than Rs.150 lakh, 10% of the project cost or a maximum Rs.20 lakh, whichever is less, will be payable as margin money.

Introduction :

Benefits :

Gender :

Female, Other

Implementing Agency :

Target Audience :

Enterprises

Primary Domain :

Funding

Secondary Domain :

NA

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