Reports name /title | Funding scheme detail |
Report was generated on | 10 Oct 2024 (Date based on PCT time) |
Report url | http://funding.venturecenter.co.in/viewrecord.php?srn=BI20210204104316 |
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; |
Quality Testing and Certification Support Scheme for startups | |
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Organization | Maharashtra State innovation Society |
Source of funding | Government |
Scheme | Quality Testing and Certification Support Scheme for startups |
Type of funding | Other |
Funding Amount | 200000 |
Description | upto 2 lakhs |
Range of funding | Under Rs 10 lakh |
Target investees | start ups in Maharshtra |
Note | |
Purpose | Testing and certification of products for quality and assurance are an important and critical part of business for startups. However, these costs are high for startups in their formative years. The Scheme ensures that Government of Maharashtra will be reimbursing a part of quality testing costs incurred by Startups at NABL or BIS recognised labs. Under this Scheme, DPIIT-registered startups incorporated in Maharashtra, with a lifetime annual revenue in any financial year of less than INR 1 crore and funding of less than INR 3 crores shall be eligible for support of maximum up to INR 2 lakhs, subject to maximum 80% contribution by MSInS. This Scheme shall increase the competence of startups in product development and will also help them become more competitive in the domestic and export markets. |
Focus area | |
Provides Funds For | D, E, |
Scheme Type | Ongoing scheme |
Recommended scheme | |
Scheme status | Live scheme |
More detail.. | Link |