Schemes in India for Startups
Link -: Startup Bihar
Below is a list of major government schemes for startups in Bihar, along with key details and eligibility criteria relevant for 2025:
Bihar Startup Policy 2025
Seed Funding: Up to ₹10 lakh interest-free seed capital for eligible startups (loan repayable over 7–10 years).
Operational Support: ₹2 lakh per year for 3 years to cover startup operational costs.
Patent & Development Subsidy: 50% subsidy on patents and product development costs; zero-cost patent filing (domestic and international).
Special Incentives: Additional funds for SC/ST, women, and disabled entrepreneurs, with higher seed funding available for these groups (up to ₹11.5 lakh).
Infrastructure Access: Free or subsidized access to coworking spaces, research labs, and incubation centers.
Eligibility:
Must be registered as a Private Limited, LLP, or Partnership firm in Bihar.
Age of business should be less than 10 years (7 years for non-biotech).
Annual turnover must be under ₹25 crore.
Must demonstrate innovation in product or service.
Bihar Startup Fund
Fund Size: ₹500 crore allocated as dedicated support for seed capital, product development, and operational funding.
Eligibility: Startups selected through the ISV program or qualifying criteria under the Bihar Startup Policy can apply.
ISV (Innovative Startup Venture) Program
Purpose: Targets scalable and innovative business models; offers seed-stage funding, mentorship, and MVP development support.
Eligibility: Open to student, recent graduates, and young entrepreneurs in Bihar with innovative ideas. Selection is through expert panel review.
Bihar Youth Udyami Yojana
Support: Financial assistance up to ₹10 lakh and project implementation guidance for aspiring entrepreneurs.
Eligibility: Youth and first-time entrepreneurs aiming to establish small businesses in Bihar are eligible.
Bihar Laghu Udyami Yojana
Support: Soft loans and subsidies for micro and small enterprises, especially in rural and semi-urban regions.
Eligibility: Small businesses and entrepreneurial ventures in Bihar focused on self-employment and skill-based services.
Other Benefits
Branding & Marketing: Up to 50% subsidy on branding and promotion expenses; support for digital presence.
Skill Development: Training, mentoring, and business valuation support. Matching funds for investments made by registered incubators and angel networks.
Official details and application forms are available at the Startup Bihar government portal (startup.bihar.gov.in). These schemes collectively build a supportive ecosystem for innovation, job creation, and broad-based entrepreneurship throughout Bihar.
Key benefits of the Bihar Startup Policy 2025 include:
Up to ₹10 lakh interest-free seed capital to support early-stage startups, repayable over 7 to 10 years.
₹2 lakh per year for three years to cover operational costs for startups.
50% subsidy on patent filing and product development costs, including zero-cost filing for domestic and international patents.
Special incentives and additional financial support for women, SC/ST, and differently-abled entrepreneurs, with higher seed funding eligibility.
Access to subsidized or free incubation centers, coworking spaces, research labs, and testing facilities.
Marketing and branding support via 50% reimbursement on promotional expenses to enhance business visibility.
Provision of mentorship, business training, and networking opportunities.
Defined exit strategies for startups that become sustainable or attract private investments, ensuring smooth transition.
Eligibility criteria aim to promote innovation and inclusivity: startups must be registered Private Limited, LLP, or Partnership firms in Bihar with less than 10 years of operation and annual turnover below ₹25 crore.
Matching funds support for investments raised by registered incubators and angel investors to boost startup growth.
The policy fosters innovation, employment generation, and socio-economic development aligned with Bihar’s vision to become a startup hub in Eastern India.
These benefits collectively aim to foster a supportive entrepreneurial ecosystem in Bihar through financial aid, infrastructure, and skill development for startups.