The Biotechnology Ignition Grant (BIG) scheme of the Biotechnology Industry Research Assistance Council (BIRAC), Government of India. The scheme enables technology innovators and entrepreneurs to pursue a promising technology idea, and establish and validate proof of concept (POC) for the idea. By funding establishment and validation of POC, BIRAC wishes ...
Read More »START YOUR OWN BUSINESS, GET SUBSIDIZED LOAN UPTO 25 LAKH
Government of India has approved the introduction of a new credit linked subsidy programme called Prime Minister’s Employment Generation Programme (PMEGP) for generation of employment opportunities through establishment of micro enterprises in rural as well as urban areas. Objectives: To generate employment opportunities in rural as well as urban areas ...
Read More »JAMMU & KASHMIR: SET UP YOUR OWN BUSINESS FROM LOW INTEREST LOAN UPTO RS 10 LAKH
Department of employment of jammu and Kashmir has come up with a new scheme to provide money for establishing their own employment generation units. Objective: To provide educated unemployed youth of the state margin money,capital and interest subsidy assistance for setting up their own business. Eligibility: Age- 18-42 years(General category) ...
Read More »Karnataka i4 policy- what is it all about?
I4 policy stands for IT, ITES, Innovation Incentives Policy. India’s IT capital Bangalore today stands as the second largest IT hub in the world next only to Silicon Valley with over almost 11 lakh direct and over 27 lakh indirect employment. According to industry sources, by the year 2020 the ...
Read More »Women Entrepreneurs can now avail loan up to Rs 10 lakh in Tamil Nadu (Mahila Udyam Nidhi- MUN Scheme)
Tamil Nadu government’s favorable business environment and schemes help entrepreneurs to set up their business in the state. One such scheme is Mahila Udyam Scheme which aims to provide soft loan assistance to women entrepreneurs to set up business or industrial entity in small scale sector as well as undertaking ...
Read More »Get Loan Up To 5lakh to Start Your Own Business in Tamil Nadu
Tamil Nadu has emerged as one of the leading states for starting up business in India. An annual Small and Medium Enterprises (SME) survey conducted by India SME Forum in June 2014 reveals that Tamil Nadu is the most preferred destination for start-ups, as the state has a highly entrepreneur ...
Read More »Tamil Nadu- A State with a New Outlook towards Start-ups
Known famously as the “Detroit of India” for its extremely feasible opportunities and benefits for start-ups and MSMEs, Tamil Nadu is fast emerging as the most preferred hub for young and enthusiastic entrepreneurs and professionals keen to explore new business avenues. The New Entrepreneur cum Enterprise Development Scheme (NEEDS) was ...
Read More »Registering a business- in case of Sole Proprietorship and/or Partnership firms
Other than Private and Public Companies, there are Sole Proprietorship and Partnership firms as well. Procedure to register a Sole Proprietorship firm: For Sole Proprietorship, there is no mandated rule as such but the owner may be required to attain a license specific to the mode of business from local ...
Read More »NASSCOM Providing Funds to Startups up to 2 Crore
10,000 startups program has been there for over two years now since it was launched in 2013. It is an initiative by the National Association of Software & Services Companies (NASSCOM) to provide adequate support including incubation facilities, funding and infrastructure facilities to 10,000 technology startups in India by the year ...
Read More »Registering a Start-up
One of the most important steps for a start-up is to get the company registered to avail benefits and other government schemes. Generally, registration of a new business or enterprise in India is administered by the Companies Act 1956. This act is the single most important piece of legislation which ...
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