State GovernmentVerified

Bihar Startup Policy

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

Start date29 Jul 2022
Last verifiedToday

About This Scheme

The government of Bihar is making continuous efforts to improve the economy. In this process, the Bihar government has started the Bihar Startup Policy. This policy is to boost entrepreneurship in the state of Bihar. The primary objective of this startup policy is to accelerate the growth of the MSMEs sector in Bihar.

Benefits

  1. Bihar’s startup policy was launched in Bihar in the month August 2022 to boost entrepreneurship in the state.
  2. 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.
  3. 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.”
  4. In addition to shared office space, there are financial incentives and other amenities available.
  5. 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

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

  • Valid Email ID (the email should be valid for at least 1 year).
  • Mobile no. linked with Aadhar.
  • Passport size photo.
  • Scanned Image of

✦ Required ◦ Optional

How to Apply

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

Quick Info

Level
State Government
Launched
29 Jul 2022