Jharkhand SME Exchange Capital Assistance
By Department of Industries, Government of Jharkhand
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Quick Answer
One-time financial assistance of up to ₹10 lakh for new enterprises raising capital through SME Exchange, covering 20% of expenditure incurred.
- Funding amount
- Up to ₹10L
- Funding type
- Subsidy
- Application deadline
- Rolling
- Location
- Jharkhand
- Registrations needed
- Udyam registration
About this subsidy
New enterprises in Jharkhand that have raised equity capital through an SME Exchange get one-time financial assistance of up to ₹10 lakh, covering 20% of the expenditure incurred. It is paid after the capital is successfully raised. The scheme is under the Jharkhand MSME Promotion Policy 2023, and applicants must adhere to it.
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
The Department of Industries, Government of Jharkhand, is the state department responsible for industrial approvals and MSME incentives in Jharkhand. It is based in Ranchi and runs the state's Single Window portal, where industrial units register, apply for state approvals…
Learn moreBenefits & Funding
- Amount
- Up to ₹10L
What You Get
The program provides one-time financial assistance of up to ₹10 lakh, covering 20% of the expenditure incurred by New Enterprises for raising capital through an SME Exchange. This subsidy aims to reduce the financial burden associated with the listing process and facilitate access to public markets for emerging businesses in Jharkhand. The assistance is provided after the successful raising of equity, ensuring support for validated capital-raising efforts.
- Disbursement
- Reimbursement
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
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 purpose of this financial assistance scheme?
This scheme aims to provide financial support to New Enterprises in Jharkhand for expenses incurred while raising capital through an SME Exchange, thereby encouraging them to access public markets and grow.
Who is eligible to claim this financial assistance?
New Enterprises that have successfully raised capital through an SME Exchange, as per the schemes approved by the respective exchange, are eligible.
What is the maximum financial assistance available?
Eligible New Enterprises can receive one-time financial assistance up to a maximum of INR 10 lakh. The assistance covers 20% of the actual expenditure incurred for raising capital.
Are there any specific expenditure categories covered?
The assistance covers 20% of the expenditure incurred for raising capital through an SME Exchange. This typically includes various costs associated with the listing process, as approved by the SME Exchange scheme.
When can a business apply for this assistance?
The assistance is provided after the successful raising of equity capital through the SME Exchange. Businesses can apply post-event, as per the application process outlined in the Jharkhand MSME Promotion Policy 2023.
Does this scheme require any specific registration?
As part of the Jharkhand MSME Promotion Policy 2023, applicants are generally expected to be recognized as MSMEs and comply with the state's startup/MSME policy framework, such as the Jharkhand Startup Policy, if applicable.
Sources
Data on this page is compiled from official program and provider references.
