What is the maximum grant amount available under this scheme?

Startups can receive a maximum of ₹30 lakh (3,000,000 INR) as one-time financial assistance under this Seed Support Grant.

Which types of startups are eligible for this grant?

This grant is specifically targeted at startups operating in identified “Sunrise Sectors” as defined by the Rajasthan Investment Promotion Scheme 2024. The exact list of these sectors can be found in the official policy document.

Do I need to have raised external funding to apply?

Yes, prior external funding is a mandatory prerequisite. The grant is designed to match 10% of the capital you have already successfully raised from external sources.

What entity types are eligible?

The program is open to legally incorporated startups, typically including Private Limited Companies, LLPs, One Person Companies, Partnerships, and Proprietorships operating in Rajasthan. No specific exclusions for NGOs or pre-incorporation entities are mentioned.

Is this grant repayable?

No, this is a one-time financial assistance provided as a grant, meaning it is non-repayable and does not require any equity stake from the startup.

Rajasthan Govt Seed Support Grant 2024: Up to ₹30L

The Rajasthan Seed Support Grant 2024 is a crucial initiative under the Rajasthan Investment Promotion Scheme (RIPS) 2024, designed to bolster the startup ecosystem within the state. This program aims to provide financial assistance to eligible startups operating in designated “Sunrise Sectors” by offering a non-repayable grant. The core objective is to incentivize external investment in early-stage ventures and provide a catalytic push for their growth and innovation within Rajasthan.

This grant acts as a co-investment mechanism, where the state supports startups that have successfully attracted private capital. By matching a percentage of the external funding secured, the Government of Rajasthan demonstrates its commitment to fostering an environment conducive to startup success and job creation. The program acknowledges the critical need for seed funding to help startups de-risk their early operations, scale their products, and capture market share.

The Seed Support Grant is particularly beneficial for startups that have achieved initial traction and are ready to raise their first significant round of external capital. It reduces the financial burden on founders and encourages investors by providing an additional layer of support from the state government. The focus on “Sunrise Sectors” ensures that the investment is channelled towards high-growth, innovative areas that are strategically important for the state's economic development and technological advancement.

Applications for the Seed Support Grant are evaluated by a committee comprising representatives from the Government of Rajasthan and experts relevant to the startup ecosystem. The primary assessment focuses on verifying the startup’s eligibility, particularly its operation within an identified “Sunrise Sector,” and the authenticity and amount of external capital raised. Compliance with the guidelines outlined in the Rajasthan Investment Promotion Scheme 2024 is a key determinant. Startups may be required to provide further documentation or clarifications during the assessment process.

Selected startups can receive one-time financial assistance of up to ₹30 lakh (3,000,000 INR). This grant is provided as 10% of the external capital successfully raised by the startup, acting as a direct matching contribution from the Government of Rajasthan. The benefit is designed to supplement private investment, enabling startups to further invest in product development, market expansion, and team building. This equity-free capital significantly de-risks early-stage ventures and accelerates their growth trajectory without diluting founder ownership.

Rajasthan Govt Seed Support Grant 2024

Rajasthan Govt Seed Support Grant 2024

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