Eligibility & Benefits
Eligibility:
• Only first time (Greenfield) venture of SC/ST/OBC/Women/Minority/Disabled entrepreneurs
• Age: above 18 years of age
• Business: In the manufacturing or service or trading sector (Condition of innovation may not be mandatory)
• In case of non individual enterprises, at least of 51% of the shareholding and controlling slake should be held by either an SC/ST/OBC/Woman/Minority/Disabled entrepreneurs
• Applicant business should obtain bank appraisal and clearance for Bank Loan
Benefits:
• Same as Start Up Manipur Scheme - 30% subsidy & 70% loan, subject to appraisal by the concerned Bank