Scheme for assistance for Start Ups/ Innovation: Interest Subsidy

Financial Support: Interest subsidy of 1%, maximum up to 9% on term loans under the provisions of scheme for assistance to MSMEs.

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.

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

Registration proof as a startup/innovator.

Detailed project proposal, including innovative idea/concept.

Recommendation letter from the approved Nodal Institution.

Financial details of the term loan availed.

Declaration of non-eligibility under other state startup schemes (if applicable).

Other documents as specified by the Nodal Institution.