Bihar Startup Policy

Bihar Startup Policy क्या है?

This is a policy for entrepreneurs to boost entrepreneurship in the state of Bihar and it was launched in July 2022 .

लाभ

1. Bihar’s startup policy was launched in Bihar in the month August 2022 to boost entrepreneurship in the state. 1. Young Bihar entrepreneurs would get a loan of 10 lacks without interest for ten years. This sum will be allocated as seed money under the Bihar Startup Policy. 1. Enhanced incentives of 5 per cent for female entrepreneurs, in addition to a grant of 3 lakh rupees for businesses that participate in “rigorous training for product improvement and finance.” 1. In addition to shared office space, there are financial incentives and other amenities available. 1. Created a startup platform for young business people in the state of Bihar who is interested in taking advantage of the policies and programs available to them.

स्तर

State — Bihar

मंत्रालय / विभाग

Department of Industries

लाभ का प्रकार

cash

मुख्य पात्रता

1. Up to a period of ten years from the date of incorporation/ registration, if it is incorporated as a private limited company (as defined in the Companies Act, 2013) or registered as a partnership firm (registered under section 59 of the Partnership Act, 1932) or a limited liability partnership (u

अंतिम सत्यापन

Recently

Benefits

1. Bihar’s startup policy was launched in Bihar in the month August 2022 to boost entrepreneurship in the state. 1. Young Bihar entrepreneurs would get a loan of 10 lacks without interest for ten years. This sum will be allocated as seed money under the Bihar Startup Policy. 1. Enhanced incentives of 5 per cent for female entrepreneurs, in addition to a grant of 3 lakh rupees for businesses that participate in “rigorous training for product improvement and finance.” 1. In addition to shared office space, there are financial incentives and other amenities available. 1. Created a startup platform for young business people in the state of Bihar who is interested in taking advantage of the policies and programs available to them.

Eligibility

Documents Required

How to Apply

1. Step 1: Online application — step 1

   To register for the Bihar Startup Policy, applicants have to open the official website. Now from the homepage, select the register option . A new page will appear on the screen and read all the instructions carefully and move forward. Answer the 8 questions out of 10. After answering the question, the registration form will appear on the screen. Enter the details in the application form and click on the submit option. Registration will be done successfully. Take a printout of the application form.

Sources & References

• Official scheme website ↗
• Source record ↗
• Information is summarised from official government sources. Verify all details on the official website before applying.