Funding scheme detail

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Reports name /title Funding scheme detail
Report was generated on 19 Apr 2024 (Date based on PCT time)
Report url http://funding.venturecenter.co.in/viewrecord.php?srn=BI20170711112735
Description & notes (A) - Technology Development Funds; (B) - Patent Protection Funds; (C) - Technology In-Licensing Funds; (D) - Technology Scale-up/ Validation / De-risking Funds; (E) - Market Entry Funds; (F) - Expansion Funds;
Stand Up India Scheme for SC/ST and Women entrepreneur
OrganizationAll branches of scheduled Commercial Banks
Source of fundingNon-Government
SchemeStand Up India Scheme for SC/ST and Women entrepreneur
Type of fundingDebt
Funding Amount10000000
DescriptionComposite loan (inclusive of term loan and working capital) between 10 lakh and upto 100 lakh
Range of fundingRs 50 lakh to Rs 2 crore
Target investeesSC/ST and Women entrepreneur above 18yrs
NoteThe loan is repayable in 7 years with a maximum moratorium period of 18 months. can range fro 10lakhs to 1crore.
PurposeThe 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 areaClean/Green/ Enviro/Energy Technology
Provides Funds For
Scheme TypeOngoing scheme
Recommended scheme
Scheme statusLive scheme
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