How to Apply Online for Bihar Startup Yojana Rs 10 Lakh Loan

How to Apply Online for Bihar Startup Yojana Rs 10 Lakh Loan, Eligibility, Interest Rate, Benefits | Recently, Bihar Startup Policy 2022 Online Registration @ startup.bihar.gov.in

Bihar Startup Yojana 2022  a new scheme has been launched in Bihar with name of the Bihar Startup Policy 2022. This is a policy for entrepreneurs to boost entrepreneurship in the state of Bihar. Since then, COVID and inflation issues have been serious setbacks in the state.

bihar government startup policy So, to help private organizations, the government introduced the scheme. A benefit of Rs. 10,00,000 for a period of 10 years without interest will be given under this scheme.

Training guidance support will be provided with the policy. In today’s article, we will learn about everything regarding Bihar’s startup policy until 2022. We will learn about the portal launched under this scheme also.

Bihar Startup Yojana

Bihar Startup Yojana Bihar Startup Policy 2022
  • Bihar Sarkar Startup Yojana was launched in Bihar in the month of July 2022 by Syed Shahnawaz Hussain, the industry minister of Bihar.
  • The 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.
  • This policy will focus on the handloom industry, the clothing industry, handicrafts, industries in relation to the benefit of villages, etc.

  • In the course of the policy, any youth or individual will get a fund of Rs 10 Lakh which will be without interest for a period of 10 years.
  • In addition, if the organization wants to engage in any acceleration initiatives, it will get an additional 3 lakh rupees.
  • Upon receiving investment from angel investors, a success fee of 2% of the investment will be paid if the firm generates a profit.
  • An individual is able to get further funds after receiving funding from an angel investor.
  • In accordance with the program, if necessary, counseling, training, and marketing assistance will also be offered.
  • Women entrepreneurs belonging to sc/st will get 15 more, which means if a normal woman entrepreneur gets 10 lakh fifty thousand rupees, then a woman belonging to SC categories will benefit by around 11 lakh fifty thousand rupees, which in this scenario means more.
  • This scheme will not only help in providing the start-up money but also provide financial incentives and other beneficial facilities during the initial period to help and support. Such methods will increase the number of startups in the economy of Bihar.
  • This policy startup also has a startup portal for searching for entrepreneurs. Any man who is interested in applying for this policy has to visit this portal.
  • At the launch meeting of the policy, the minister said that next month in September the seed funds will be initiated and applicants will benefit from them at the earliest.

 Bihar Startup Yojana 2022 Overview

Policy Name Bihar Startup Policy 2022
Launch By Syed Shahnawaz Hussain, the industry minister of Bihar,
Launch Date 29 July 2022
Under The State Government of Bihar
Online Registration Date Not started
Web Portal https://startup.indbih.com/

Bihar Startup Yojana 2022 Objectives

The primary objective of this startup policy is to accelerate the growth of the MSMEs sector in Bihar. It aims to boost the entrepreneurship of the state of Bihar.

Bihar Startup Yojana 2022 Benefits

  • Bihar’s startup policy was launched in Bihar in the month August 2022 to boost entrepreneurship in the state
  • Young Bihar entrepreneurs would get a loan of 10 lakh without interest for ten years. This sum will be allocated as seed money under the Bihar Startup Policy 2022.
  • Enhanced incentives of 5 percent for female entrepreneurs, in addition to a grant of 3 lakh rupees for businesses that participate in “rigorous training for product improvement and finance.”
  • In addition to shared office space, there are financial incentives and other amenities available.
  • 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.

Bihar Startup Project List 2022

  1. Maven Souk Digital Technologies Private Limited
  2. Anandsagar Natural Dairy Farm
  3. Revival Shoe Laundry Pvt Ltd
  4. Milega Job Services
  5. Maataram Network Private Limited
  6. Madad
  7. Swayambhu Innovative Solution Pvt. Ltd.
  8. Datex Technologies Private Limited
  9. Deepockets (Shantanu Vibhore)
  10. Road Express
  11. Edcreate Technologies Private Limited
  12. Urban Kare Internet Pvt. Ltd.
  13. Kartkio Online Services Private Limited
  14. Skill Ex
  15. Www.Planttree.In
  16. School G Link
  17. Health Analyzer (Swas IT Solution Pvt. Ltd.)
  18. Medi 360
  19. Nachbaja.Com
  20. Amrenjeet Surenjeet Consultancy Services Pvt. Ltd. (Magnetic Engine)
  21. Avronica Solutions Pvt. Ltd.
  22. Techprolabz
  23. Railrestro
  24. Onlinecakebhejo.Com
  25. Bill Spill
  26. Flying Scizzers
  27. APS Dream Technologies
  28. Organic 24/7
  29. My Books 24×7
  30. Aryan CAB
  31. Grandeur Industries
  32. Box Boy

Bihar Startup Policy 2022 Documents Needed

The documents needed for Bihar Startup Policy are:

  • Valid Email ID (the email should be valid for at least 1 year).
  • Mobile no. linked with Aadhar
  • Passport size photo
  • Scanned Image of
    • Aadhar card and Pan card
    • Caste certificate (Not required for general category)
    • Educational qualification Certificate
    • Proof of entity (If the entity is registered)
    • Balance Sheet
    • Given format filled with details and signature

Bihar Startup Policy 2022: Register Online at startup.bihar.gov.in, Status

  • To register for the Bihar Startup Policy 2022, you have to open the official website.
Bihar Startup Yojana
  • Now from the homepage, select the register option.
  • A new page will appear on the screen.
  • Read all the instructions carefully and move forward.
Bihar Startup Yojana
  • After that, you will see an application format in two different languages Hindi and English.
  • Download the application format of your choice.
  • After that, the registration form will appear on the screen.
  • Enter the details in the application form.
  • Check the details carefully and click on the submit option.
  • Your registration will be done successfully.
  • Take a printout of the application form.

How to Login at Bihar Startup Yojana

  • Open the official website of Bihar Startup Policy.
  • The home page will appear on the screen.
  • Now from the homepage, select the login option.
  • The new login form will appear on the screen.
  • Enter the email id and password in the application form.
  • Click on the login option.

 

Which startup is best in Bihar?
RailRestro.
SevaMart.
Puchka Party.
Bihar Bytes.
Revival Shoe Laundry.
Artkala.
BoxBoy.
EcoVenture.
What is Government startup scheme?
Startup Bihar Scheme is an initiative by the Government of Bihar for generation of employment and wealth creation. The goal of Startup India is the development and innovation of products and services and increasing the employment rate in India.

What is startup policy?

The Startup India initiative was announced by Hon’ble Prime Minister of India on 15th August, 2015. The flagship initiative aims to build a strong eco-system for nurturing innovation and Startups in the country that will drive sustainable economic growth and generate large scale employment opportunities.

Which industry is suitable for Bihar?

The state has identified Food Processing, IT & Electronics, and Textiles & Leather as its high priority sectors. Food processing, dairy, sugar, manufacturing, and healthcare are some of the fast-growing industries in the state in the state to attract investment opportunities in Bihar.

Conclusion: –

Through this article, we have provided you with all the important information related to How to Apply Online for Bihar Startup Yojana Rs 10 Lakh Loan

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