HP IT, ESDM Capital Subsidy 2019
By Department of Industries, Government of Himachal Pradesh (Startup Himachal)
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Quick Answer
Capital subsidy of up to ₹1 crore for Fixed Capital Investment for IT, ITeS, ESDM Enterprises and Green Data Centres in Himachal Pradesh.
- Funding amount
- Up to ₹1Cr
- Funding type
- Subsidy
- Application deadline
- Rolling
- Location
- Himachal Pradesh
About this subsidy
The Himachal Pradesh IT, ITeS, and ESDM Policy 2019 introduces a Capital Subsidy scheme designed to significantly promote investment and foster growth in the crucial information technology, IT-enabled services, electronic system design and manufacturing sectors, and for the establishment of green data centers within the state. This incentive aims to substantially reduce the upfront financial burden on enterprises undertaking fixed capital investments, thereby encouraging both the establishment of new units and the expansion of existing industries in Himachal Pradesh. By providing direct financial assistance, the government seeks to foster a robust and competitive ecosystem for technology and manufacturing, leading to increased job creation, skill development, and overall economic development in the region. This policy is a strategic initiative to position Himachal Pradesh as an attractive and supportive destination for high-tech industries, offering tangible benefits to both established companies and emerging startups in their infrastructure development and operational scaling. It specifically targets enterprises that are crucial for modern economic growth and digital transformation.
Eligibility
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Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Subsidy providers
Provider
Department of Industries, Government of Himachal Pradesh (Startup Himachal)Shimla · Himachal Pradesh · India
Startup Himachal is the startup section of the Department of Industries, Government of Himachal Pradesh, based in Shimla. It publishes the state's startup policy and the incentives open to startups, new industries, innovation projects and incubators in Himachal Pradesh. What the…
Learn moreBenefits & Funding
- Amount
- Up to ₹1Cr
What You Get
This program offers a valuable capital subsidy of up to ₹1 crore for Fixed Capital Investment, specifically excluding the cost of land. For IT and ITeS Enterprises, the subsidy is provided at a rate of 25% of the eligible fixed capital investment. This direct financial support is instrumental in alleviating the significant capital expenditure burden associated with setting up or expanding operations. The subsidy encourages businesses to invest in state-of-the-art infrastructure, machinery, and facilities, ultimately promoting technological advancement and industrial growth within Himachal Pradesh. It serves as a key incentive under the state's IT, ITeS, ESDM Policy 2019 to attract and retain high-tech industries.
- Disbursement
- Reimbursement
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
The selection and approval process for the capital subsidy involves a thorough review by the designated authority under the Government of Himachal Pradesh. Applications are primarily evaluated based on their strict adherence to the eligibility criteria and conditions stipulated in the IT, ITeS, ESDM Policy 2019. This includes an assessment of the enterprise's legal status, the nature and scale of the fixed capital investment, and its alignment with the policy's objectives of industrial promotion. A detailed verification of all submitted investment details and supporting financial documentation will be conducted to ensure accuracy and compliance before a final decision is made regarding the approval and subsequent disbursement of the subsidy.
Application Process
- 1
Review Policy
Understand the detailed guidelines of the HP IT, ITeS, ESDM Policy 2019.
You - 2
- 3
- 4
- 5
How to apply
Four steps from draft to disbursement — one action each.
- 1
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 2
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 3
Submit on the official portal
Use the official application link and verify all details before final submission.
- 4
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Program templates & documents
Files the program publishes for applicants — download these and apply in the prescribed format.
Frequently Asked Questions
What is the maximum capital subsidy available?
The maximum capital subsidy is up to ₹1 crore for eligible fixed capital investments, excluding land cost, as per the specified policy provisions.
Which types of enterprises are eligible for this subsidy?
IT, ITeS Enterprises, ESDM Enterprises, and Green Data Centres are eligible for this capital subsidy.
What kind of investment is covered by this subsidy?
The subsidy covers Fixed Capital Investment, specifically excluding the cost of land, made by eligible enterprises.
Is this program applicable to businesses outside Himachal Pradesh?
This capital subsidy is provided under the Himachal Pradesh IT, ITeS, ESDM Policy 2019, implying it is specifically for enterprises investing and operating within the state of Himachal Pradesh.
Is the capital subsidy repayable?
No, this is a non-repayable capital subsidy provided by the government to encourage industrial investment.
How is the subsidy amount disbursed?
The subsidy is typically disbursed as a percentage (e.g., 25% for IT/ITeS enterprises) of the verified eligible fixed capital investment, usually after the investment has been made and confirmed by the authorities.
Sources
Data on this page is compiled from official program and provider references.
