HP Co-Working Space Reimbursement — 50% of Project Cost up to ₹20L

The HP Co-Working Space Project Cost Reimbursement is a state subsidy run by the Department of Industries, Government of Himachal Pradesh, through its Startup Himachal initiative. It operates under the state's IT, ITeS and ESDM Policy 2019.

The scheme addresses an infrastructure gap. Shared workspaces give early-stage founders a place to work, collaborate and draw on common resources, and the state wants more of them across Himachal Pradesh. By paying back a large share of what a promoter spends on building one, the government lowers the entry cost of setting up modern office infrastructure with the amenities a technology business expects.

The support is open to any legally recognised entity or business that creates a co-working facility inside Himachal Pradesh. Because the payout is capped, the arrangement works as a shared investment: the state bears part of the bill and the promoter funds the balance.

The wider goal is to make Himachal Pradesh a credible base for IT, ITeS and Electronic System Design and Manufacturing (ESDM) enterprises, retaining skilled talent in the state, generating employment and broadening the local economy beyond its traditional base.

• Reimburses 50% of the eligible project cost for a co-working space
• Maximum payout of ₹20 lakh per project
• Open to legally recognised entities building a co-working space in Himachal Pradesh
• Runs under the state's IT, ITeS and ESDM Policy 2019
• Rolling applications — no fixed last date
• Non-dilutive: no equity is taken

Who can apply: any legally recognised entity or business that is setting up a co-working space within Himachal Pradesh.

• The facility must come up inside Himachal Pradesh. This is a state incentive and is tied to a project built on Himachal soil.
• The applicant must be a legally constituted business entity — the published criteria refer to entities and businesses rather than to individual founders or informal groups.
• The scheme is aimed at promoters investing in shared workspace infrastructure that supports the state's IT, ITeS and ESDM ecosystem.
• The published criteria do not list DPIIT recognition or MSME registration as a condition for this reimbursement.
• There is no sector, size or turnover restriction stated beyond the co-working space requirement.

One practical point to plan for: because the state reimburses only part of the cost, you must be able to fund the remaining share of the project yourself.

HP Co-Working Space Reimbursement — 50% of Project Cost up to ₹20L is open to startups at any stage. It is open to startups registered anywhere in India.

HP Co-Working Space Reimbursement — 50% of Project Cost up to ₹20L 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.

50% of the eligible project cost is reimbursed, capped at ₹20 lakh (₹2,000,000).

The state pays back half of what is spent on the approved co-working space project, which directly cuts the capital a promoter has to lock into the facility. The money is released as a reimbursement against costs incurred, so it reduces the net investment rather than being an upfront grant.

• Support comes in cash, in the form of a reimbursement.
• The ceiling of ₹20 lakh applies regardless of how large the underlying project is.
• The payout is non-dilutive — no equity or ownership stake is taken in the applicant's business.
• The remainder of the project cost has to be arranged by the applicant, making this a part-funded model.
• The benefit is intended to speed up development and operational readiness of quality shared office environments for IT, ITeS and ESDM businesses.

HP Co-Working Space Reimbursement — 50% of Project Cost up to ₹20L is offered by Department of Industries, Government of Himachal Pradesh (Startup Himachal), a government body. As a government-backed subsidy, it is publicly funded and open to eligible startups across India.

Applications travel through the incentive channel created under the IT, ITeS and ESDM Policy 2019, rather than through a separate standalone window.

• Project proposal: the applicant files a detailed proposal describing the proposed co-working space, the costs involved and the impact expected from the facility.
• Supporting documentation: the submission normally includes legal papers, financial projections and proof of the expenditure already incurred on the components for which reimbursement is claimed.
• Review: a designated authority examines the application against the policy's guidelines and the eligibility conditions.
• Verification and approval: once the compliance checks are cleared, the reimbursement claim is approved.
• Disbursement: the approved amount is then released to the applicant.

Before you apply to HP Co-Working Space Reimbursement — 50% of Project Cost up to ₹20L, 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.

HP Co-Working Space Reimbursement — 50% of Project Cost up to ₹20L is best suited for startups in India seeking non-dilutive funding of ₹20L. If that describes your startup, review the eligibility criteria above before applying.