Gujarat Startup Grant
Scheme for Assistance to Startups in Gujarat — Empowering innovation across technology, manufacturing, and agriculture
Gujarat Startup Scheme
A state government financial assistance policy aimed at boosting economic growth by promoting entrepreneurship and fostering innovation across Gujarat.
State Govt. Backed
Introduction
The Gujarat Government has introduced a financial assistance policy to support innovation and entrepreneurship in the state, especially for startups. This policy aims to provide financial assistance to startups in various sectors, including technology, manufacturing, and agriculture.
The scheme intends to boost the economic growth of the state by promoting entrepreneurship and fostering innovation — a testament to Gujarat’s commitment to creating a favorable environment for startups.
Grant & Support Details
A comprehensive financial support package covering grants, sustenance allowance, and interest subsidies for eligible Gujarat startups.
Core Grant
Grant support of up to INR 30 lakhs for product development, marketing, and professional assistance to accelerate your startup’s growth.
Social Impact Bonus
Additional grant of up to INR 10 lakhs can be availed by startups demonstrating significant social impact in their operations.
Sustenance Allowance
Up to ₹20,000/month for one year. Rises to ₹25,000/month if the startup has at least one woman co-founder — for one year.
Interest Subsidy
Approved startups avail an interest subsidy of 1% (maximum up to 9%) on term loans under the MSME assistance scheme provisions.
Eligibility Criteria
Ensure your startup meets all the criteria below before applying for the Gujarat Startup Grant.
The startup should have completed its Proof-of-Concept (PoC) stage before applying under the scheme.
Startups must be registered as Partnership / LLP / Private Limited Company to be eligible.
The registered office certificate (ROC) must be from Gujarat — the significant part of operations must be based in the state.
Major operations of the startup should be focused in Gujarat for an initial period of 3 years from the date of approval/sanction.
The startup founder should not own more than 10% shares in another company at the time of application.
The startup must complete a minimum of 2 months of incubation at the nodal institute disbursing the grant.
Startups are required to submit a monthly progress report to claim the sustenance allowance mentioned under the scheme.
The startup must be a registered Pvt. Ltd / LLP in Gujarat with the majority of its operations based in the state.
Documents Required
📄 Required Documents Checklist
- 📄Certificate of Incorporation
- 📚Company’s MoA / AoA / Partnership Deed
- 📊Pitch Deck
- 💵Financial Projection Report
- 🔎Market Analysis Report
📅 Monthly Progress Requirement
Startups applying under this scheme must submit monthly progress reports as the basis for claiming their sustenance allowance. Here’s what to keep in mind:
- Submit monthly progress reports to the nodal institute on time
- Reports should document milestones, activities, and expenditures
- Sustenance allowance is disbursed based on report submissions
- Maintain operational records to support each monthly claim
- Reports are reviewed by the nodal institute before release of funds
Key Things to Know
🏫
Incubation Mandatory
Minimum 2 months of incubation at the nodal institute is compulsory before the grant is disbursed.
📍
Gujarat Operations
Major operations must remain focused in Gujarat for the first 3 years from approval date under the scheme.
👥
Women Co-Founder Bonus
Startups with at least one woman co-founder receive a higher sustenance allowance of ₹25,000/month instead of ₹20,000.
📋
Monthly Reporting
Monthly progress reports are mandatory to claim the sustenance allowance throughout the grant period.
How Invesbrick Helps You
Invesbrick — a leading startup consultancy — provides strategic planning, market research, branding, and end-to-end application support to help you secure the Gujarat Grant.
Founder Grooming
Pitch Deck
Application Assistance
Project Report
Financial Projections
Market Research
Guidance & Support
“Empowering Startups to Become Fundable, Scalable & Compliant.”
