Stand up India scheme for financing SC/STs and women entrepreneurs
Posted 01/04/2023
| Description | 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, agri-allied activities 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. |
| Provider Type Central Govt / State Govt / Private Sector | Central Govt |
| Provider Name | Ministry of micro, small and medium enterprises |
| Amount | Between 10 lacs to 1 crore |
| Grant Conditions & Qualifying Criteria | SC/ST and/or woman entrepreneurs, above 18 years of age.Loans under the scheme is available for only green field project. Green field signifies, in this context, the first time venture of the beneficiary in the manufacturing, services, agri-allied activities or the trading sector.In case of non-individual enterprises, 51% of the shareholding and controlling stake should be held by either SC/ST and/or Women Entrepreneur.Borrower should not be in default to any bank/financial institution. |
| Focus Sector (Healthcare, Defense, Agriculture, etc.) | |
| Provider Contact Email | NA |
| Provider Website URL | https://www.standupmitra.in/Home/SUISchemes |
| Type of funding (Grant, Loan or Equity) | |
| Process | NA |
| Tips for Winning | NA |
| Provider Indian State | NA |
| Provider Contact Address | |
| Is Active | "Yes" |
| Other Details |
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