Schemes & Business Plan Competitions


Chief Minister's Support program for small businesses & entrepreneurs

One-time grant support of up to Rs. 10,000 will be provided for any new small business loans of up to Rs. 50,000 that are availed. A corpus fund of Rs.15 Cr has been created for the same


For more details kindly refer

Meghalaya Tourism Development and Investment Promotion Scheme 2012

Under this scheme, assistance is provided to create tourism related ventures in the form of resorts and home-stays. The cost of the project should be within Rs 16.00 Lakhs for home stays and within Rs 100.00 Lakhs for resorts. In case the project cost is above Rs 16.00 Lakhs for home stays and above Rs 100.00 Lakhs for resorts. The assistance would be limited to 30% of the amount of Rs 16.00 Lakhs for home stays and 30% of the amount of Rs 100.00 Lakhs for resorts. The entrepreneur should own the land for the project in case of Resorts and should be the owner of the property with built up house in case of homestays.

PRIME (Promotion and Incubation of Market-driven Enterprises)

Under the Meghalaya Entrepreneurship Promotion Strategy, the State Government, based on the learning of all the Entrepreneurship promotion initiatives has launched a comprehensive program that looks at Enterprise promotion and incubation in a holistic manner.

The Meghalaya Incentive Scheme 1997

Government of Meghalaya will provide a package of subsidies, incentives and assistance to the small scale as well as medium and large-scale categories of Industry in Meghalaya set up on or after Fifteenth August 1997 for undertaking expansion and modernization.


Directorate of Food Processing

List of schemes proposed by the Directorate of Food Processing as follows:

  1. Provision for financial assistance to the entrepreneur for purchase of packaging materials with 50% subsidy.
  2. Providing for financial assistance for purchase of machinery and equipment related to food processing in fruits, vegetables and spices etc. with at least 25% contribution from the farmers.
  3. Trainings, Workshop, Seminars providing platform to entrepreneurs for marketing through-Expo, Trade fair, Exposure trips.


Pradhan Mantri MUDRA Yojana (PMMY) Scheme

Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by the Hon’ble Prime Minister on April 8, 2015 for providing loans up to 10 lakhs to the non-corporate, non-farm small/micro enterprises. These loans are classified as MUDRA loans under PMMY. The Micro Units Development and Refinance Agency Ltd (MUDRA), was launched by the Prime Minister Mr. Narendra Modi on 8th April, with a corpus of 20,000 crore and a credit guarantee corpus of 3,000 crore.

These loans are given by Commercial Banks, RRBs, Small Finance Banks, MFIs and NBFCs. The borrower can approach any of the lending institutions mentioned above or can apply online through this portal . Under the aegis of PMMY, MUDRA has created three products namely ‘Shishu’, ‘Kishore’ and ‘Tarun’ to signify the stage of growth / development and funding needs of the beneficiary micro unit / entrepreneur and also provide a reference point for the next phase of graduation / growth.

‘Shishu’ covers loan up to Rs.50,000, ’Kishor’ covers loans above Rs. 50,000 and up to Rs. 5 lakhs and ‘Tarun’ covers loans above Rs. 5 lakhs and up to Rs. 10 lakhs.


For more details kindly refer :


For more details kindly refer

Pradhan Mantri Kaushal Kendra (PMKK)

Under the “Skill India Mission”, Ministry of Skill Development and Entrepreneurship (MSDE) has initiated the establishment of state of the art, visible, aspirational model training centres in every district of India. These model training Centres are referred to as “Pradhan Mantri Kaushal Kendra” (PMKK).

PMKK are equipped to run industry-driven courses of high quality with focus on employability and create an aspirational value for skill development training. PMKK envisions to transform the short-term training ecosystem from a mandate driven delivery model to a sustainable institutional model.

Investment support is provided for the establishment of PMKKs. NSDC provides the funding support in form of secured loan up to a maximum of INR 70 lakhs per PMKK.

The financial assistance is provided towards capex support (shall not be utilized/provided for creation of immovable property) which includes the following components

  1. Training infrastructure including purchase of machinery & equipment
  2. Training aid and other associated items
  3. Internal renovation of the centre

For more details kindly refer

National Entrepreneurship Awards (NEA)

As an important step to catalyze a cultural shift in youth for entrepreneurship, the Ministry of Skill Development and Entrepreneurship (MSDE) has instituted the National Entrepreneurship Awards (NEA) to recognize and honour outstanding young first-generation Entrepreneurs and their Ecosystem Builders for their outstanding contribution to entrepreneurship development.

The NEA program was started in 2016 and continued in 2017 and 2018.The National Entrepreneurship Awards (NEA) 2019 was the 4th edition in the NEA series.

The NEA seeks the participation of Young Entrepreneurs and Entrepreneurial Ecosystem Builders in the National Entrepreneurship Awards from all across India. It seeks to instill and entrench the entrepreneurial attitude among the future generations and the Youth of India.

A total of 39 Awards under NEA 2019 was conferred to young entrepreneurs’ up to the age of 40 years and their ecosystem builders across sectors, geographies and socio-economic background through the process of Nomination/Self-nomination. The purpose was to highlight models of excellence for others to emulate and improve upon.

Winners received a Trophy, Certificate and a Cash Prize of ₹5 lakh (enterprises/ individuals) and ₹10 lakh (organizations/ institutes), in a grand Award Ceremony organized on 9th November, 2019.

For more details kindly refer

Entrepreneurship Among Women

Ministry of Skill Development and Entrepreneurship (MSDE) is implementing a pilot scheme, Pradhan Mantri YUVA (PM YUVA) Yojana towards creating an enabling ecosystem through entrepreneurship education, training, advocacy and easy access to entrepreneurship network. The scheme focuses on students/trainees and alumni coming out from skilling ecosystem {i.e. Industrial Training Institutes (ITIs), Polytechnics, Pradhan Mantri Kuashal Kendras (PMKKs) and Jan Sikshan Sansthans (JSS)}. The scheme is being implemented in 10 States and 2 Union Territories {viz. i.e. Uttar Pradesh (6 districts), Uttarakhand (4 districts), Bihar (10 districts), West Bengal (12 districts), Assam (11 districts), Meghalaya (2 districts), Maharashtra (5 districts), Tamil Nadu (17 districts), Telangana (8 districts), Kerala (4 districts), Delhi (1 district) and Puducherry (1 district)}.  The scheme envisages creation of 600 new and 1000 scale-up enterprises. Under the scheme, mobilization campaigns are being organized to spread awareness about entrepreneurship as a career option among various potential target groups. Further, orientation workshops are being conducted on entrepreneurship in the project institutes for aspiring/potential entrepreneurs.

Further, MSDE in collaboration with GIZ, Germany has launched a pilot project called ‘Economic Empowerment of Women Entrepreneurs and Start-ups by Women’ to support aspiring and existing women entrepreneurs in India. Presently, this pilot programme is being implemented in the North Eastern Region (Assam, Meghalaya and Manipur), Rajasthan and Telangana where 147 women have been given incubation and acceleration support as part of its first cohorts.

Furthermore, with an aim to promote a culture of entrepreneurship among India’s youth and inspire them to set-up their own enterprise and create employment opportunities for others, National Entrepreneurship Awards Scheme (NEAS) has been instituted in 2016. Under the scheme, awards are conferred to the aspiring first generation entrepreneurs including women and those individuals/ organizations who are working as eco-system builder in the field of entrepreneurship development. The awards also seek to highlight model of excellence for others to emulate and improve upon. So far, out of a total of 95 awards conferred (including 8 awards to the entrepreneurs and two awards to the eco-system builders from Karnataka) during last 4 years (2016 to 2019), 39 women have received National Entrepreneurship Awards including 1 women awardee (Healthcare Sector in Year 2018) from Karnataka.

In addition to the above, Government is providing financial assistance in form of loan to entrepreneurs under various schemes viz Rashtriya Mahila Kosh (exclusively for women) implemented through Ministry of Women and Child Development, Stand Up India Scheme implemented through Department of Financial Services (Ministry of Finance), Start-up Village Entrepreneurship Programme implemented through Ministry of Rural Development and Micro Units Development and Refinance Agency (MUDRA) implemented by Department of Financial Services (Ministry of Finance).

Pilot Project on Entrepreneurship

The main aim of the pilot project is to promote entrepreneurship as an alternate career choice and enable mentoring support through the journey to potential and early stage entrepreneurs, by imparting entrepreneurship education and mentoring support to trainees/ beneficiaries from skilling ecosystem.

Vision: Accelerate job creation by providing end to end entrepreneurship education, handholding and mentoring support to potential and existing entrepreneurs who aspire to start or scale-up their existing enterprises.

Mission: To promote entrepreneurship as an alternate career choice and enable sustained long-term mentoring support through the journey to potential and early stage entrepreneurs.

The pilot is being implemented across 12 States and Union Territories (Delhi, Uttar Pradesh, Tamil Nadu, Puducherry, Telangana, Kerala, West Bengal, Bihar, Assam, Meghalaya, Uttarakhand, Maharashtra). The project activities seek to create an enabling ecosystem for entrepreneurship development through entrepreneurship education & training, advocacy, and easy access to entrepreneurship network, with focus on student/ trainees and alumni from the skill ecosystem.

Entrepreneurship education is being imparted through about 300 Institutes (Industrial Training Institutes, Polytechnics, Jan Shikshan Sansthan, Pradhan Mantri Kaushal Kendras) across project States, targeting both existing and potential entrepreneurs through specific modules. The pilot is being implemented through organizations having experience in entrepreneurship development, entrepreneurship training as well as mentoring and handholding.

Other Schemes


Objective: The objective of the scheme is to help first generation entrepreneurs who are short of equity.

Eligibility: New projects in micro & small enterprises, expansion, modernization and diversification of existing units etc. Benefits can be extended to Proprietorship & Partnership Concerns and Companies. Technical qualification of the promoter in the relevant field is a pre-requisite.

Nature of assistance: Term Loan

Project Cost: Maximum of Rs.50 lakh

For more details kindly refer:


OBJECTIVE: To provide long term financial assistance for setting up a new industrial and infrastructure projects as well as for expansion, diversification or modernization of existing industrial enterprises excluding Commercial Real Estates.

PURPOSE: To encourage local small entrepreneurs of North East India in setting up industrial units with reduced cost of fund and thus help in fast paced economic development.

PROJECT COST: Project cost above Rs. 50.00 lakhs and up to Rs.200.00 lakhs

LOAN AMOUNT: Loan component up to maximum Rs. 100.00 lakhs in the form of Term loan or Working Capital or Combination of both.

For more details kindly refer:


Objective: Development of micro enterprises in the North Eastern Region by providing financial assistance in the form of “working capital term loan” for setting up/expansion/modernization of micro business ventures.

Purpose: To meet working capital requirements for income generating business activity excluding cultivation/plantation/ Real Estate/ Contract works.

Project cost (working capital for one cycle) : Should not exceed Rs 20 lakhs

Nature of Assistance: Term Loan

Extent of Assistance:  Maximum 75% of the project cost as Working Capital Term Loan.

Promoter’s Contribution: Minimum of 25% of the Project Cost

For more details kindly refer:


Objective: To provide financial assistance to women entrepreneurs for taking up business ventures. Existing business ventures will also be eligible under the scheme for expansion, modernization and diversification.

Target Group: Skilled women entrepreneurs in the age group of 18 – 50 years.

Eligibility: The applicant has to be a woman engaged in any viable income generating activity including small business trade etc. 

Nature of Assistance: Term Loan

Project cost (including working capital): Should not exceed Rs. 15 lakhs

Extent of Assistance: Maximum 75% of the project cost as Term Loan.

For more details kindly refer:



Trade Related Entrepreneurship Assistance and Development Scheme for women (TREAD)

This scheme is for women in non-farm activities. The major components of the scheme are as follows:

  • Government will grant up to 30% of the total project cost to the NGOs for promoting trade related activities among women. The remaining 70% of the project cost is financed by the leading agency as loan for undertaking activities as laid down by the project.
  • Government will grant up to Rs 1 lakh per programme to the various training institutions and NGOs for conducting training programmes for the women who want to set up their own trade.
  • The government will grant need-based grants up to Rs 5 lakhs to National Entrepreneurship Development Institutions and any other institution of repute for conducting research and field surveys, evaluation studies and thus designing for training modules.

For more details kindly refer:


Mahila Udyam Nidhi Scheme

Offered by Small Industries Development Bank of India (SIDBI), this scheme provides financial assistance of up to Rs 10 lakh to set up a new small-scale venture. It also assists with upgrading and modernization of existing projects. The loans are to be repaid within 10 years, and this includes a five-year moratorium period. Further, interest rates on these loans can vary according to market rates.

Annapurna Scheme

This scheme applies to women entrepreneurs who have started a food catering unit. They can avail a loan of up to Rs 50,000 to purchase kitchen equipment such as utensils and water filters. A guarantor is required to secure the loan. After securing the loan, it can be repaid in 36 installments. Further, interest rates under this scheme as per prevailing rates and assets will be taken as collateral by the concerned bank.

Stree Shakti Package For Women Entrepreneurs

It is offered to women who have majority ownership (over 50 percent) in a small business. The women also need to be enrolled in the Entrepreneurship Development Programmes (EDP) organised by their respective state agency. Under the scheme, an interest concession of 0.05 percent can be availed on loans above Rs 2 lakh.

Bhartiya Mahila Business Bank Loan

This scheme involves a loan of upto Rs 20 crore for women business owners of manufacturing enterprises. Under the Credit Guarantee Fund Trust for Micro and Small Enterprises, there is no need for collateral for loans up to Rs 1 crore. The loans under this bank loan scheme are to be repaid in seven years. The scheme was implemented by Bhartiya Mahila Bank which was merged with State Bank of India in 2017.

Dena Shakti Scheme

This scheme provides loans up to Rs 20 lakh for women entrepreneurs in agriculture, manufacturing, micro-credit, retail stores, or similar small enterprises. There is a concession of 0.25 percent on rate of interest. Under the scheme, loans up to Rs 50,000 are offered under the microcredit category.

Udyogini Scheme

Women entrepreneurs between the ages of 18 and 45, who are involved in agriculture, retail and similar small businesses, can avail loans up to Rs 1 lakh under this scheme. Further, her family’s annual income should be below Rs 45,000 in order to avail the loan. However, no income limit exists for widowed, destitute or disabled women. For widowed, destitute or disabled women from SC/ST categories, a subsidy of 30 percent of the loan, up to Rs 10,000, is provided.

Cent Kalyani Scheme

Offered by the Central Bank of India, this scheme is for women business owners in multiple areas such as agricultural work or retail trading. Under this scheme, loans up to Rs 1 crore are sanctioned and no collateral or guarantors are required. Interest rates on loans depend on varying market rates.

North East Industrial Development Scheme (NEIDS)

It has been launched to further catalyse the industrial development in the North Eastern Region including Sikkim. It has come into force from 01.04.2017 and will remain in force up to 31.03.2022. The Scheme covers new units in manufacturing and services sectors. The scheme provides for Central Capital Investment Incentive for access to credit, Central Interest Incentive, Central Comprehensive Insurance Incentive, Goods and Services Tax Reimbursement, Income Tax Reimbursement, Transport Incentive; and Employment Incentive to the extent indicated in the gazette notification against each of the components.

For more details kindly refer:

North East Industrial Development Scheme (NEIDS)

It has been launched to further catalyse the industrial development in the North Eastern Region including Sikkim. It has come into force from 01.04.2017 and will remain in force up to 31.03.2022. The Scheme covers new units in manufacturing and services sectors. The scheme provides for Central Capital Investment Incentive for access to credit, Central Interest Incentive, Central Comprehensive Insurance Incentive, Goods and Services Tax Reimbursement, Income Tax Reimbursement, Transport Incentive; and Employment Incentive to the extent indicated in the gazette notification against each of the components.

For more details kindly refer:

PM Formalisation of Micro food processing Enterprises Scheme (PM FME Scheme)

PM FME Scheme

Ministry of Food Processing Industries (MoFPI), in partnership with the State/ UT Governments, has launched an all India Centrally Sponsored PM Formalisation of Micro food processing Enterprises Scheme (PM FME Scheme) for providing financial, technical and business support for upgradation of existing micro food processing enterprises.

For more details kindly refer:

Business Plan Competitions & Idea / Technology Showcase Events






Department of Bio Technology

Masters & Doctoral degree students in are of Life sciences

Bio Technology

Next Big Idea


Students, Entrepreneurs

  • Biotechnology
  • Education
  • Electronics & Communication
  • Energy, Environment, Clean Technology
  • Health and Biomedical Devices
  • IT for Agriculture
  • IT for Disabled
  • Manufacturing
  • Social Sustainable Ventures
  • Software and Web Services

DST-Lockheed Martin India Innovation Growth Program

DST & Lockheed Martin

Entrepreneurs, Engineers, Scientists, Inventors, Developers & Researchers

All Innovative ideas from any industry



Any product-based idea

Empresario – The Business Plan Showcase

Centre for Innovation, Incubation and Entrepreneurship (IIM-A)


Clean Tech & Renewable Energy, Telecommunication, Web Portals, Electronics, IT/ITES Services, IT-Software, Power

Intel� + UC Berkeley Technology Entrepreneurship Challenge

Intel & UC Berkeley

Students, Alumni from various institutes around the World

  • Semiconductors, Manufacturing, and Hardware
  • Mobile and Wireless
  • Digital Home and Consumer Electronics
  • Retail and Consumer Software
  • Enterprise Software and IT
  • Energy and Power Generation
  • Nanotechnology
  • Life Sciences and Biotechnology
  • Technology Based Innovative Ideas

Champion of Champions

Intel & DST

Winners of other business competitions in India, Incubatees, companies with non-Venture Cap financing

Technology based Ideas

Scholar Sparks

Intel & DST

Students of various colleges, universities etc. in India

Students with new technology business plans from engineering colleges, polytechnics, universities, science colleges, medical schools and B-Schools.


IIT Bombay

Students, Working Professionals

CleanTech, Core Sciences, Telecommunication, Biotechnology, Web Portals, Electronics, Manufacturing, Service, Entertainment, IT-Software, Retail, Power, Banking/Finance, Hospitality, HRD, Consultancy, Food Processing, Tourism


IIT Delhi


UG or PG student in any recognized college/university can participate



MSMEs in India

  • Agriculture and Rural Innovations
  • Education for all
  • Environment & Clean Energy
  • Healthcare Inclusion
  • Highly Scalable Social Models

Business Plan Contest

Harvard Business School

Students, Entrepreneurs

Business Ventures, Social Entrepreneurs


S P Jain

Students from any institute working in teams

Commercializing TePP Innovations

Innovations Pune

Pune Chapter of IIT Bombay Alumni Association


Innovations in the form of processes, products and applications from varied fields such as medicine, agriculture, mechanical/electronic/chemical technology, IT products, etc.

TiE-ISB Connect


Entrepreneurs, Start-ups

Any company

YESSS @ ISBA conference


Entrepreneurs, Start-ups

Any incubatee company of incubators across India who is looking to raise funds from professional investors


Entrepreneurship Cell, NIT Trichy

Students / Working Professionals/ Entrepreneurs

Rural Entrepreneurship, Women Entrepreneurship, Social Entrepreneurship, Biotechnology, Core Science, Telecommunication, Education, Electronics, Manufacturing, Nano Technology, IT-Software, Entertainment, Agriculture, Energy, Health, Biomedical, Web Portals, Consultancy, Food Processing


PRISM’s Technopreneur Promotion Program (TePP)

The TePP is an initiative of the Department of Science and Technology, Govt. of India. The program aims to support individual innovations to transform them into successful enterprises with the help of promotion and funding.

Individuals can utilize this program in the form of startup business grants to take an innovative idea to the next stages and commercialize it. With a ticket size of Rs. 2 Lac to Rs. 100 Lac, the programme provides grants at various stages: conceptualization, fabrication, development, trial, and application through to making it a commercial enterprise.

Focus area: technology-based innovation

Multiplier Grants Scheme (MGS)

The Department of Electronics and Information Technology offers the Multiplier Grants Scheme with the aim to support and fund industries such as IT, analytics, enterprise software, Internet of Things, artificial intelligence and technology hardware.

The scheme aims to encourage and accelerate the development of innovative products created in the Indian industries. The grant offers a maximum of Rs 2 Cr for a duration of 2 years.

Focus area: Startups that are into electronics and information technology.

Nasscom – the most sought-after startup business grant

Nasscom’s 10,000 startups programme was started in 2013 with the idea of funding 10,000 Indian startups in 10 years. This is the process followed: selected startups are helped to raise money from VCs, government funds, and angel investors, among others. The startups get to work with accelerators, are mentored and are helped to foster strategic partnerships with Nasscom’s network.

Focus sectors: healthcare, agriculture, education, smart cities and infrastructure and AI across industries

Unlimited India

Unlimited India is an organization that helps early-stage social entrepreneurs grow their startups, which are social enterprises. The organization supports early-stage startups in the first 0-5 years.

Selected startups and social enterprises are provided induction workshops, helped with milestone setting, offered personalized coaching, site visits, networking, funding, and other support. 38% of the enterprises it supports are for-profit startups.

Focus Sectors: Agriculture, Livelihoods, Education, Environment, Sports, Gender Equality, Health & Well-being, Energy, Water & Sanitation, Financial inclusion, Inclusive Development, and Housing.

Zone Startups

A part of the Ryerson Futures Network that operates accelerator programs around the world, Zone Startups India helps a startup with a full spectrum of services and resources for building companies: funding, mentorship, access to talent, networking opportunities and soft landing to the North American market.

Zone Startups India accepts online applications throughout the year. Applicants do not need to apply with a formal business plan at this stage. The grant fund size is between Rs 50 Lac and Rs 3 crore.

Preferred sector: technology

Amity Innovation Incubator

The Amity Innovation Incubator fund is a setup of different investment stakeholders through which businesses can generate financial support. The Amity Innovation Funds helps entrepreneurs and startups with:

Direct investments into ventures via Amity Capital Ventures

Raising debt/equity via financial institution schemes

Investors through HNI investors and VC funds

Through their Accelerator and Entrepreneur-in-Residence programs, the organization aims to help startups to scale nationally and internationally. The organization has incubated more than 100 startups to date.

Focused sector: technology and innovation

Amrita TBI

One of the lesser known startup business grants in India, Amrita TBI is a non-profit startup incubator. Partly supported by the Govt. of Indi, it funds, mentors and nurtures startups and entrepreneurs at the early and growth stage.

It funds up to Rs 1 Cr per startup as well as provides options for VCs and angel investor networks.

Startup India – WhatsApp Grand Challenge

WhatsApp has recently launched the Startup India – WhatsApp Grand Challenge. The grant will be given to five winners who are bringing change in any of the following sectors:

Focus areas: healthcare, rural economy, financial and digital inclusion, education and citizen safety as the themes for the startup challenge.

Ticket size: $2,50,000 to 5 winning startups