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Bhamashah Startup Promotion Fund

09-Dec-2022 12:35:01
Incubation and Acceleration

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Scheme Provider :
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Department of IT&C

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Sector :
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Incubation and Acceleration, Funding

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States :
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Rajasthan

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Eligibility :
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Vertical :
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Financial assistance

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Link for enrollment :
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https://istart.rajasthan.gov.in/pages/istart
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Link to scheme information :
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https://istart.rajasthan.gov.in/pages/istart
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Link to government website :
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Details :
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In order to have the right mix in its startup portfolio, and as a part of the iStart initiative, the Government of Rajasthan has announced Bhamashah Startup Promotion Fund of Rs. 500 crore, which will include components for women-led and green solutions startups and has earmarked Rs. 100 crore and Rs. 50 crore for both respectively. The funds for green startups will be payable from the funds available with Rajasthan State Pollution Control Board. The funding has been capped at Rs. 25 lakhs per startup. The amount is based on the Qrate rankings which are based on the Qrate Assessment Framework. Startups are ranked as Bronze and Silver (capped at 15 Lakhs), Gold and Platinum (capped at 20 Lakhs) and Signature (capped at 25 Lakhs). Fund will be provided in terms of loans and equity to startups registered in Rajasthan.

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Introduction :
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Gender :
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Female

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Implementing Agency :
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Target Audience :
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Entrepreneurs

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Primary Domain :
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Incubation and Acceleration

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Secondary Domain :
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Funding

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Relevant schemes (6)

Integrated Cold Chain and Value Addition Infrastructure

MMSME Champions scheme

Self Reliant India (SRI) Fund - Empowering MSMEs for Aatmanirbhar Bharat

Training Scheme

Grant-in-aid to Voluntarv and other Organizations for Scheduled Castes

Assistance for Skill Development of Other Backward Classes (OBCs)/ De-Notified, Nomadic And Semi-Nomadic Tribes (DNTS)/ Economically Backward Classes (EBCs)

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