What are Grants? 

This scheme is for promotion of innovation, rural and entrepreneurship. It was introduced to set up a network of technology centers and incubation centers across India with the objective to accelerate entrepreneurship and encouraging innovations for unmet social needs in the agro-business industry. It provides financial aid for setting up livelihood business incubators and/or technology business incubators, by way of one-time grant of 100% (hundred percent) cost of plant & machinery (apart from land and infrastructure) or a sum up to INR 100 (Indian rupee hundred) lakhs, whichever is less.

Amrita TBI funds, mentors and nurtures startups and entrepreneurs at the early and growth stage. It is a non-profit startup incubator. It is partly supported by GoI and partly supported by Amrita Vishwa Vidyapeetham

Micro Units Development Refinance Agency (MUDRA) banks have been created to enhance credit facilities and boost the growth of small businesses in rural areas. The government has introduced this scheme to support small businesses in India. In 2015, the government allocated INR 10,000 crores to promote startup culture in the country. The MUDRA banks provide startup loans of up to INR 10 lakhs to small enterprises, and businesses, which are non-corporate, and non-farm small/micro-enterprises. MUDRA comes under Pradhan Mantri Mudra Yojana (PMMY) which was launched on 8 April 2015. The loans have been categorized as Tarun, Kishore, and Shishu. The assets are created through the bank’s finance and there is no collateral security. Under the aegis of Pradhan Mantri Mudra Yojana (PMMY), MUDRA has created products/ schemes. The interventions have been named 'Shishu', 'Kishore' and 'Tarun' to signify the stage of growth / development and funding needs of the beneficiary micro unit / entrepreneur and also provide a reference point for the next phase of graduation / growth to look forward to : Shishu : covering loans upto 50,000/- Kishor : covering loans above 50,000/- and upto 5 lakh Tarun : covering loans above 5 lakh and upto 10 lakh

This scheme aims to support and invite new ideas and proposals which carry the potential to have a broad impact in the domains of science and technology. It lays emphasis on proposals that are new and risky, but if successful, can be highly rewarding for the field of science.

In order to encourage small businesses to experiment with new and innovative designs for their goods, the Ministry of MSME established the Design Clinic scheme to create a sustainable design eco system through ongoing training and skill development. U

This grant programme aims to encourage the commercialization of research discoveries by offering funding at an early point in the development process.

The NRDC proposes to participate in the equity share capital of start-up and early stage growth focused, innovative companies. It proposes to invest in innovative entrepreneurs at the crucial stage where the ventures are just getting off the ground. It is high stake investing, which can result in unexpected returns. The NRDC attempts to create the best possible environment for high impact entrepreneurs to start and grow their business. The scheme supports innovations that has the potential to build and shape the development of technology driven entrepreneurs. Through this scheme, the NRDC would select start ups and early stage companies and provides a part of the capital required, as Seed funding to innovators, who prima facie have the potential to develop into significant technical and commercial entities.

The main objectives of the Scheme are: (a) To facilitate setting up of agribusiness ventures in close association with all banks/ financial institutions notified by the Reserve Bank of India where the ownership of the Central/State Government is more than 50% such as Nationalized banks, SBI & its subsidiaries, IDBI, SIDBI, NABARD, NCDC, NEDFi, Exim Bank, RRBs & State Financial Corporations. (b) To catalyze private investment in setting up of agribusiness projects and thereby providing assured market to producers for increasing rural income & employment. (c) To strengthen backward linkages of agribusiness projects with producers. (d) To assist farmers, producer groups, and agriculture graduates to enhance their participation in value chain through Project Development Facility. (e) To arrange training and visits, etc. of agripreneurs in setting up identified agribusiness projects. (f) To augment and strengthen existing set up of State and Central SFAC. Small Farmer’s Agri-Business Consortium (SFAC) has launched the Venture Capital Assistance (VCA) scheme for the welfare of farmer-entrepreneurs and to develop their agri-business. The scheme is approved by the banks and financial institutions regulated by the RBI. It intends to provide assistance in the form of term loans to farmers so that the latter can meet the capital requirements for their project's implementation. VCA promotes the training and nurturing of agri-entrepreneurs. The quantum of the loan will be 26% (40% for hilly regions) of the promoter’s equity. The maximum amount of loan provided under this scheme will be INR 50 lakhs.