Jharkhand Startup Policy - Rental Assistance for Startups — Frequently Asked Questions

This program, offered by the Department of IT and E-Governance, Government of Jharkhand, provides a 50% reimbursement for monthly office rental expenses to eligible startups in Jharkhand. The office space must be located within a notified STPI, SEZ, or IT Park in the state.

Startups can receive a reimbursement of 50% of their monthly office rent, with an annual cap of ₹5,00,000. This assistance can be availed for a maximum duration of three years from the date the startup first becomes eligible.

The program is open to startups formally registered in Jharkhand, incorporated for less than 5 years, with an annual turnover under ₹25 Crore, and employing up to 50 individuals. The office space must be in a notified STPI, SEZ, or IT Park within Jharkhand, and the lease agreement must be in the startup's name.

The program is open to Private Limited Companies and Limited Liability Partnerships (LLPs) registered in Jharkhand.

No specific industry restrictions are mentioned for this program. Startups at various stages, including idea, product, revenue, and profitable stages, are generally eligible, provided they meet other criteria.

The provided information does not specify a requirement for DPIIT (Department for Promotion of Industry and Internal Trade) or MSME (Micro, Small and Medium Enterprises) registration to be eligible for this rental assistance program.

No, this program is a grant, which means it provides financial assistance without requiring the startup to give up any equity or ownership stake in return.

Applicants generally need to submit a valid lease agreement for their office space, rent receipts or other proof of payment, and their bank details for processing the reimbursement.

Applications for the Rental Assistance program can be submitted through the designated Startup Jharkhand portal. You can find more information and apply at https://startupjharkhand.org/.

No, applications for the Jharkhand Startup Policy - Rental Assistance program are accepted on a rolling basis, meaning startups can apply at any time once they meet all the eligibility criteria.

Jharkhand Startup Policy - Rental Assistance for Startups is offered by Department of IT and E-Governance, Government of Jharkhand, a government body. It is provided as non-dilutive funding.

Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.