| Stand Up India Scheme for SC/ST and Women entrepreneur |
| Organization | All branches of scheduled Commercial Banks |
| Source of funding | Non-Government |
| Scheme | Stand Up India Scheme for SC/ST and Women entrepreneur |
| Type of funding | Debt |
| Funding Amount | 10000000 |
| Description | Composite loan (inclusive of term loan and working capital) between 10 lakh and upto 100 lakh |
| Range of funding | Rs 50 lakh to Rs 2 crore |
| Target investees | SC/ST and Women entrepreneur above 18yrs |
| Note | The loan is repayable in 7 years with a maximum moratorium period of 18 months. can range fro 10lakhs to 1crore. |
| Purpose | The objective of the Stand-Up India scheme is to facilitate bank loans between 10 lakh and 1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch for setting up a greenfield enterprise. This enterprise may be in manufacturing, services or the trading sector. In case of non-individual enterprises at least 51% of the shareholding and controlling stake should be held by either an SC/ST or Woman entrepreneur.
For setting up a new enterprise in manufacturing, trading or services sector by SC/ST/Women entrepreneur. |
| Focus area | Clean/Green/ Enviro/Energy Technology |
| Provides Funds For | |
| Scheme Type | Ongoing scheme |
| Recommended scheme | |
| Scheme status | Live scheme |
| More detail.. | Link |
