Grassroots Initiatives for Development (GRID)
A programme by Export-Import Bank of India (Exim Bank)
Finance and capacity building for registered rural and grassroots organisations that export or plan to, including matching grant support for certification and for design and packaging.
At a glance
| Best for | Societies, trusts, co-operatives, producer companies and NGOs working with grassroots producers that export or plan to. |
|---|---|
| Stage | Early revenue – Growth |
| Cost | Paid |
| Grant support | For selected startups. A place in the programme does not by itself guarantee a grant. |
About Grassroots Initiatives for Development (GRID)
GRID supports organisations that work with communities on income-generating activity based on traditional skills. It is for registered bodies, not individual artisans.
What you get
- Capacity building.
- Matching grant support for product and process certification, and for design and packaging improvement.
- Working capital finance.
- Term lending for common facility centres, raw material banks, technology upgrades and export capability.
Who can apply
- A legal entity registered under a state or central law, such as a society, trust, co-operative, private limited company, producer company, NGO or proprietorship.
- A body working with communities at grassroots level on income-generating activity based on traditional skills.
- A proven livelihood model that could be scaled and repeated in other places.
- Exports, direct or indirect, or a plan to start exporting.
How to apply: the page asks you to contact the bank for further information. There is no form or portal.
Where to apply
Other Export-Import Bank of India (Exim Bank) programmes
- Ubharte Sitaare Programme (USP)Exim Bank identifies Indian companies with good export potential and supports them with equity or equity-like instruments, debt and technical assistance.
- Technical Assistance for incubators and research institutesExim Bank gives technical assistance, case by case, to academic institutions, incubation centres and research institutes that nurture startups.
- Research & Development Finance for Export Oriented UnitsTerm finance for research and development spending by export-oriented companies, generally over a tenor of up to seven years.
- Pre-shipment and Post-shipment CreditWorking-capital export credit before and after shipment, plus non-fund-based limits such as letters of credit and bank guarantees.
- Production Equipment Finance ProgrammeLoans to export-oriented enterprises for plant, machinery and related equipment.
- Overseas Investment FinanceTerm loans and guarantees to Indian promoter companies that invest abroad through a joint venture or wholly owned subsidiary.
- Sustainable Finance ProgrammeFinance for green, transition, social and sustainability-linked investments by eligible borrowers under the bank's commercial credit business.
- Trade Assistance Programme (TAP)Credit enhancement, such as standby letters of credit and guarantees, that lets commercial banks support exports to untapped markets.
- Support for Emerging Export OpportunitiesGuarantee cover for letter-of-credit-backed export transactions to under-served markets, for MSMEs, delivered through partner banks.
- Marketing Advisory Services (MAS)Success-fee advisory that helps Indian exporters find overseas distributors, buyers and partners.