HP Co-Working Space Reimbursement — 50% of Project Cost up to ₹20L — Frequently Asked Questions
Answers to the questions founders most often ask about HP Co-Working Space Reimbursement — 50% of Project Cost up to ₹20L — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding does this scheme provide?
You can claim back 50% of the eligible project cost for setting up a co-working space, and the reimbursement cannot exceed ₹20 lakh (₹2,000,000) in total.
Who is eligible to apply for the reimbursement?
Any legally recognised entity or business that is setting up a co-working space inside Himachal Pradesh can apply. The project has to be located within the state, since this is an incentive offered by the Himachal Pradesh government.
Is there a deadline to apply?
No. Applications are accepted on a rolling basis, so there is no fixed closing date to target.
Does the scheme take equity in my company?
No. This is a subsidy paid as a reimbursement, so it is non-dilutive and the government does not receive any stake or ownership in your business.
Do I have to fund part of the project myself?
Yes. Because only 50% of the cost is reimbursed, the applicant has to arrange and bear the remaining half of the project expenses. The scheme is structured as a shared investment rather than full funding.
Is DPIIT recognition or MSME registration required?
The published criteria for this reimbursement do not mention DPIIT recognition or MSME registration as a requirement, so neither is listed as a condition. If you want confirmation for your specific case, check with the Department of Industries before filing.
What documents are usually needed?
Applicants are generally expected to submit a detailed project proposal, a breakdown of costs, official proof of the expenditure claimed, financial projections, and the legal and registration documents relating to the entity and the co-working space project.
How do I apply, and where?
Applications are handled within the broader incentive framework of the IT, ITeS and ESDM Policy 2019. Forms and submission guidelines are available through the Himachal Pradesh online services portal at https://emerginghimachal.hp.gov.in/online-services, which is run by the Department of Industries.
What happens after I submit my application?
The designated authority reviews the proposal against the policy guidelines and eligibility conditions. Once verification is complete and the claim is found compliant, it is approved and the reimbursement amount is disbursed.
Which sectors does this policy support?
The scheme sits under the state's IT, ITeS and ESDM Policy 2019, so it is aimed at strengthening the ecosystem around information technology, IT-enabled services, and Electronic System Design and Manufacturing businesses in Himachal Pradesh.
Who offers HP Co-Working Space Reimbursement — 50% of Project Cost up to ₹20L?
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. It is provided as non-dilutive funding.
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