Start-up Gujarat Policy or Gujarat Industrial Policy 2020
A programme by Karnavati Innovation and Incubation Foundation (KIIF) (Karnavati Innovation and Incubation Foundation)
KIIF provides access to the Start-up Gujarat Policy, offering Seed Support up to ₹30 Lakhs, Sustenance Allowance, Soft Skills Training, and additional funds for Social-Impact Startups and Acceleration Programs.
About Start-up Gujarat Policy or Gujarat Industrial Policy 2020
A task force was set up to design a new startup and innovation scheme aimed at strengthening Gujarat’s startup ecosystem. The policy focuses on encouraging R&D, innovation, and entrepreneurship, supporting startups at various stages of growth, and providing funding across multiple sectors. Eligibility Criteria: The startup/innovator must be registered and have substantial operations in Gujarat during assistance; A Registered Office Certificate (ROC) from Gujarat is mandatory; The applicant cannot be a promoter or hold more than 10% stake in another company/startup during application and approval; The startup/innovator must complete 1-2 months of pre-incubation or incubation at the Nodal Institute (NI) before applying. Funding Support: Seed Support: Up to ₹30 Lakhs for startups; Sustenance Allowance: ₹20,000 per month for startups (for 1 year), ₹25,000 per month for women-led startups (for 1 year); Soft Skills Training: Up to ₹1 Lakh per startup (on reimbursement basis); Social-Impact Startups: Additional ₹10 Lakhs for startups making a significant societal impact; Acceleration Program: Up to ₹3 Lakhs for participation in national/international acceleration programs.
Where to apply
Other KIIF programmes
- WEnnovate ProgramThe WEnnovate Program is a flagship initiative dedicated to nurturing and accelerating women-led startups in India.
- Startup India Seed Fund Scheme (SISFS)KIIF implements the Startup India Seed Fund Scheme (SISFS), offering up to ₹20 Lakhs as a grant for PoC, prototype development, or product trials, and up to ₹50 Lakhs as an investment for scaling and commercialization.
- Gen-Next Support for Innovative Startups (GENESIS)KIIF provides access to GENESIS program by MeitY, which offers funding for early-stage startups, pilot funding, and deep-tech startups.
- Student Startup and Innovation Policy (SSIP) – Govt. of GujaratKIIF provides access to the Student Startup and Innovation Policy (SSIP) by the Government of Gujarat, offering eligible innovators ₹2.5 Lakhs in funding and an additional ₹50,000 for IP support.
Everything about Karnavati Innovation and Incubation Foundation (KIIF)