Schemes on Grants and loans For startups

SIDBI Covid-19 Startup Assistance Scheme (CSAS) – SIDBI’s Covid-19 Startup Assistance Scheme (‘CSAS’).  scheme will aid innovative startups that have demonstrated ability to adapt to economic impact from Covid-19 and have ensured employees’ safety and financial stability.Promises a loan of upto 2cr and claims to release in 45 days Link: https://sidbi.in/files/announcements/SIDBI_CSAS-Scheme_Details.pdf

CAWACH by DST  – Department of Science and Technology (DST), Government of India. To over come the impact of Covid aims to support R&D efforts in this direction and end any further damage to the economy.in the form of Returnable grants / soft loans or conditional grants the amount is around 50L to 2 Cr,  Link: https://isba.in/cawach/

Covid-19 Startup Assistance Scheme – Aims at supporting the startups struggling with operational expenses and financial runway The loan amount is upto 2Cr https://sidbi.in/files/announcements/SIDBI_CSAS-Scheme_Details.pdf 

PMEGP –Prime Minister’s Employment Generation Programme (PMEGP) is a credit linked subsidy programme administered by the Ministry of Micro, Small and Medium Enterprises, Government of India. … At state level the scheme is implemented through KVIC, KVIB and District Industries center.

Mudhra – Mudra loan is extended for a variety of purposes which result in income generation and employment creation.https://www.mudra.org.in/offerings

Bajaj Finserv collateral-free business loans – Upto 30 Lakhs non colateral loan at 18% https://www.bajajfinserv.in/collateral-free-business-loans


Also startups can look for some help in Business Immunity Platform  https://www.investindia.gov.in/bip.

Leave a Reply

Your email address will not be published. Required fields are marked *

LinkedIn
Share