Startup Manipur - Revenue Stage Financial Assistance (Grant & Loan)

Government of Manipur

StartupGrantsIndia is not a Government body. We are a Private Organization that curates grant applications

🎁 New: Free startup software credits and offers for founders — Notion, Zoho, Chatbot.com & moreView deals →

Details

Amount

Upto: ₹30 lakh

Provider

Government of Manipur

Type

grant

Stage

revenue Stage

About this Opportunity

Startup Manipur provides support up to a project cost of Rs. 1 Crore, which includes a 30% subsidy from the State (maximum Rs. 30.00 Lakh), a 65% loan component from banks, and a 5% margin money contribution from the business owner. The program also offers mentorship, incubator/accelerator programs, and market linkage/product showcase opportunities.

Eligibility

Any entrepreneur who runs a profitable business.
Should be a domicile of Manipur (if a group, at least one promoter).
Should be older than 18 Years.
Has not received more than Rs. 10 lakh of monetary support from Central or State Schemes (Declaration Needed).
Business should not be more than 10 years from registration.
Annual Turnover should be less than 100 crores.
Business entity should be a Private Limited company/LLP/Partnership firm.
Should be at least three years old with audited financial reports.

Application Process

The application requires:

Registration with AADHAAR and linked mobile for OTP, working mobile and email.
Uploading AADHAAR, PAN cards (applicant & business), Business Registration Certificate, audited financial statements (balance sheet, P&L, ITR) for the last FY.
Providing founder's details (Name, Education, Experience, Contact).
Providing primary contact details.
Providing business details (Name, Registration Type & Number, Address, Category, Customers, Industry Type, Product/Service, Required Investment, Competitors, Problem solved, Investment utilization, Website, Registration Date & Copy).
Providing financial details (Turnover, Net Profit, Assets, Debt for last FY, uploaded audited statements).
Submitting a business pitch describing the product/service, differentiation, technology used, and revenue generation.

Apply Online Contact via Email