Assistance to start-up innovators into manufacturing related start-ups

Operated by
Industries and Mines Dept.-Industries Commissionerate, Government. of Gujarat
Purpose
To provide assistance to start ups/innovation
Probable duration
01/01/2015 to 31/12/2019

Eligibility

  • Startups having innovative idea/ concept

Benefit Description

Assistance to manufacturing related start-ups/ innovators

Other Details

Conditions if Any
  • Restrictions will be made to ensure that the amount reimbursed is not again claimed by the subsequent dealers by way of tax credit for interstate sales, branch transfer, consignment and export
  • The eligible unit shall manufacture the goods in its own unit for which it is eligible for incentives
  • The eligible unit shall not transfer its business during the incentive period, nor assign its rights and responsibilities to any other agency
  • The eligible unit shall remain in production during the incentive period
  • The scheme shall be reviewed under the GST regime, but the total of Assistance shall not exceed that available under this scheme
  • The project will be eligible for other benefits available under MSME schemes
More Information
Annexure Link: -
Link:
# Refer scheme for assistance to Start Ups/Innovation under the head New Industry Policy 2015 of the following link: http://ic.gujarat.gov.in/incentive-schemes.aspx 

File: -