Assam Startup Policy in Adilabad
Assam Startup Policy
Department of Industries & Commerce, Government of Assam
Guidance for businesses in Adilabad
The Assam Startup Policy, implemented through the Department of Industries & Commerce, strengthens the state's startup ecosystem primarily through financial support — including a sustenance allowance, an Idea2POC grant, and a scale-up grant — with priority for women entrepreneurs.
At a glance
- Policy Name
- Assam Startup Policy
- Nodal Agency
- Department of Industries & Commerce, Assam
- Sustenance Allowance
- ₹20,000/month for one year (MASI-certified)
- Idea2POC Grant
- One-time ₹5,00,000
- Scale-Up Grant
- Up to ₹50,00,000 per startup
- Priority
- Women entrepreneurs
Benefits
Sustenance Allowance:
- ₹20,000 per month for one year for start-ups with a Startup Assam Initiative (MASI) certification, prioritizing women entrepreneurs.
Idea2POC Grant:
- A one-time Idea2POC grant of ₹5,00,000 for developing products/services.
Scale-Up Grant:
- A scale-up grant of up to ₹50,00,000 per startup, which can include the Idea2POC grant and can be used for commercialization costs.
Eligibility
- Start-ups registered/recognized in Assam (with a Startup Assam Initiative — MASI — certification for the sustenance allowance).
- Start-ups seeking financial grants (sustenance allowance, Idea2POC, or scale-up) under the policy.
- Other conditions as prescribed by the Department of Industries & Commerce, Government of Assam.
Documents required
- Startup Assam Initiative (MASI) certification / DPIIT recognition
- Certificate of incorporation/registration of the startup
- Business plan / pitch deck (and proof of concept for Idea2POC/Scale-Up)
- PAN and bank account details of the entity
- Any other document as required by the Department of Industries & Commerce, Assam
How to apply
Interested start-ups should approach the Department of Industries & Commerce, Government of Assam (Startup Assam) to learn about the current application procedure for the Sustenance Allowance, Idea2POC grant, and Scale-Up grant under the startup policy. Obtain the Startup Assam Initiative (MASI) certification where required, and submit the required documents (registration/recognition certificate, business plan, and proof of concept) for evaluation and support.
About the scheme
The Assam Startup Policy, driven by the Department of Industries & Commerce, Government of Assam, builds the state's startup ecosystem primarily through financial grants. It offers a monthly sustenance allowance (prioritizing women entrepreneurs), a one-time Idea2POC grant for developing products/services, and a scale-up grant for commercialization.
Why it matters
- Sustenance Allowance:
- ₹20,000/month for a year (MASI-certified).
- Idea2POC Grant:
- One-time ₹5,00,000 for product/service development.
- Scale-Up Grant:
- Up to ₹50,00,000 for commercialization.
- Women Priority:
- Women entrepreneurs prioritized for support.
Focus areas
- Financial Grants:
- Sustenance, Idea2POC, and scale-up grants.
- Women Entrepreneurs:
- Prioritized for the sustenance allowance.
- Commercialization:
- Scale-up support to grow startups.
Is this scheme right for you?
The Assam Startup Policy backs entrepreneurs with substantial financial grants — a monthly sustenance allowance, an Idea2POC grant, and a scale-up grant — with priority for women. If you are a startup registered in Assam, this policy can fund your journey from idea to commercialization.
Frequently asked questions
What is the Assam Startup Policy?
It is a policy of the Department of Industries & Commerce, Government of Assam, that strengthens the startup ecosystem primarily through financial grants — a sustenance allowance, an Idea2POC grant, and a scale-up grant.
What is the Sustenance Allowance under the policy?
The policy provides a Sustenance Allowance of ₹20,000 per month for one year for start-ups with a Startup Assam Initiative (MASI) certification, prioritizing women entrepreneurs.
What is the Idea2POC grant?
It is a one-time grant of ₹5,00,000 for developing products/services.
How much is the Scale-Up grant?
The Scale-Up grant is up to ₹50,00,000 per startup, which can include the Idea2POC grant and can be used for commercialization costs.
Are women entrepreneurs given priority under the policy?
Yes, the policy prioritizes women entrepreneurs for the sustenance allowance, ensuring they have access to financial support.
Who is the nodal agency for the policy?
The Department of Industries & Commerce, Government of Assam, implements the policy.
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