State Schemes for MSMEs

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Scheme Name: Startup Capital Subsidy scheme

State: Punjab

Description of the Scheme: Fiscal benefits will be available to Incubators and Startup units

Target group :

Sector of the Scheme:

Eligibility Criteria:

Nature & Mode of Assistance:

  1. Govt. Host Institutes shall be provided capital grant of 100% of FCI subject to maximum Rs.1 crore for setting up of Incubator
  2. Private Host Institutes & Stand-alone Incubators shall be provided capital grant of 50% of FCI subject to maximum Rs.50 lakh for setting up Incubator.
  3. All approved Incubators shall get the support for recurring expenses as operational subsidy assistance up to limit of Rs.3 lakh per year for a period of 5 years

"Financial Information (Subsidy, low interest rate, etc.)":

"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)":

How to apply: http://investpunjab.gov.in

Whom to Contact:

PBIP, Udyog Bhawan building, Himalayan Marg,

Chandigarh - 160017

#172-2776001

Email: infor@invest.gov.in

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