Anchor Booster (RIPS 2024) — 20% Top-Up on Asset Creation Incentive

The Anchor Booster is a subsidy from the Department of Industries and Commerce, Government of Rajasthan, and it operates as one of the incentives inside the state's Rajasthan Investment Promotion Scheme (RIPS) 2024. Its role is straightforward: qualifying service enterprises that the state treats as anchor players receive an additional layer of support stacked on the Asset Creation Incentive they already earn.

Rajasthan recognises two categories of anchor service enterprise — Regional Anchors and Sectoral Anchors — with both defined in Annexure 9.1.2 of RIPS 2024. The booster is designed to make the state more attractive to these larger, high-impact service businesses, which in turn is expected to draw investment into the service sector, generate employment and strengthen Rajasthan's standing as an investment destination.

The uplift is 20%. It is calculated over the Asset Creation Incentive amount the enterprise has opted for, and it is also tested against 20% of the annual ceilings fixed for that particular Asset Creation Incentive — whichever of the two works out lower is the figure that applies. Because the underlying incentive differs from project to project, the rupee value of the booster varies from applicant to applicant rather than being a single published amount.

Alongside the cash incentive, RIPS 2024 extends regulatory facilitation to supported projects, so the booster is best understood as both a financial and a procedural advantage. Applications run through the scheme's duration instead of against a fixed closing date.

• Adds 20% on top of the Asset Creation Incentive for qualifying anchor service enterprises
• Reserved for Regional Anchors and Sectoral Anchors as defined in Annexure 9.1.2 of RIPS 2024
• Capped at the lower of 20% of the base incentive or 20% of its prescribed annual ceilings
• A state subsidy — not a loan or equity, so no promoter dilution
• Administered by the Department of Industries and Commerce, Government of Rajasthan
• Rolling applications through the RIPS 2024 window via rajnivesh.rajasthan.gov.in

To receive the Anchor Booster, an applicant has to clear two tests, not one.

• Service enterprise status — the applicant must be an eligible Service Enterprise under RIPS 2024. The booster is built around the service sector.
• Anchor classification — the enterprise must separately qualify as either a Regional Anchor or a Sectoral Anchor. Both terms are defined in Annexure 9.1.2 of the Rajasthan Investment Promotion Scheme 2024, and the enterprise must satisfy that definition.
• Base incentive eligibility — the project must already be eligible for the Asset Creation Incentive, since the booster is computed on top of it rather than as a standalone benefit.

The decisive test is the anchor classification. An enterprise that does not meet the Annexure 9.1.2 definition of a Regional or Sectoral Anchor does not qualify, however strong the underlying project may be. Projects are assessed within Rajasthan's investment promotion framework, which is administered by the Department of Industries and Commerce.

Anchor Booster (RIPS 2024) — 20% Top-Up on Asset Creation Incentive is open to startups at any stage. It is open to startups registered anywhere in India.

Anchor Booster (RIPS 2024) — 20% Top-Up on Asset Creation Incentive accepts applications on a rolling basis — there is no fixed cut-off date, so eligible startups can apply at any time. Because rolling programmes can pause without notice, confirm the window is still open on the official site before you start.

The financial benefit is a 20% booster layered over the Asset Creation Incentive. Two calculations are run and the enterprise gets the lower of the two:

• 20% of the Asset Creation Incentive amount the enterprise has opted for.
• 20% of the annual ceilings prescribed for that Asset Creation Incentive.

Because the base incentive and its ceilings differ by project, the exact rupee figure is not fixed — the scheme describes the amount as varying. There is no flat headline sum that applies to every applicant.

The support is a subsidy, which means it comes from the state government rather than being a loan that must be repaid or equity that must be surrendered.

In addition to the cash incentive, RIPS 2024 provides regulatory facilitation, so approved projects can expect assistance on the compliance and approval side alongside the financial support.

Anchor Booster (RIPS 2024) — 20% Top-Up on Asset Creation Incentive is offered by Department of Industries and Commerce, Government of Rajasthan, a government body. As a government-backed subsidy, it is publicly funded and open to eligible startups across India.

There is no separate Anchor Booster window with its own shortlist. Assessment is folded into the RIPS 2024 evaluation machinery.

• Service enterprise check — the applicant must be verified as an eligible Service Enterprise under the scheme.
• Anchor classification review — the enterprise's claim to be a Regional Anchor or Sectoral Anchor is examined against Annexure 9.1.2 of RIPS 2024.
• Base incentive determination — the project's eligibility for the Asset Creation Incentive is established first.
• Booster application — for enterprises that clear the above steps, the 20% uplift is then added to the eligible Asset Creation Incentive.
• Multi-stage departmental and committee review — relevant government departments and committees assess the proposal to confirm it complies with policy stipulations and aligns with the scheme's strategic objectives.

Applicants submit a detailed project proposal with supporting documents and are assessed against RIPS 2024 criteria. The booster is applied to approved Asset Creation Incentive claims rather than sanctioned as a separate grant.

Before you apply to Anchor Booster (RIPS 2024) — 20% Top-Up on Asset Creation Incentive, keep the following documents ready:

• A pitch deck or short business plan describing the problem, product and traction
• Company registration documents and PAN
• Founder identification (PAN / Aadhaar) and brief profiles
• Recent financial statements or projections
• Product details — a demo, prototype or working link if available

Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.