Department of IT and E-Governance, Government of Jharkhand
Government
Open

Jharkhand Startup Policy: Sustenance Allowance — Frequently Asked Questions

FAQ

Answers to the questions founders most often ask about Jharkhand Startup Policy: Sustenance Allowance — who qualifies, the funding amount, required documents and how the application works.

Frequently asked questions

How much funding can a startup receive under this program?

Each startup can receive a monthly stipend of ₹5,000 per founder for up to three founders, for a maximum of twelve months. So the total support can be up to ₹1,80,000 over one year.

What is the application deadline?

There is no fixed deadline. Applications are accepted on a rolling basis, meaning you can apply at any time.

Who is eligible to apply?

Startups that are registered in Jharkhand, have an annual turnover under ₹25 Crore, were incorporated less than 5 years ago, have 50 or fewer employees, and have at least one active full-time founder. Eligible entity types are private limited companies and LLPs.

Do I need DPIIT or MSME registration?

The selection process mentions requiring DPIIT recognition proof. However, the eligibility summary does not explicitly require it; it is listed as part of the documentation needed for application review.

Does the program take equity?

No, this is a grant program. The funding is non-dilutive, so the government does not take any equity in your startup.

What documents are needed to apply?

You will need to provide startup registration documents, identity proofs for all founders, bank account details, DPIIT recognition proof, and incubator association proof (if applicable).

How do I apply?

The application is online through the Startup Jharkhand portal at startupjharkhand.org. You need to register or log in, fill out the form, and upload the required documents.

Can my startup be in any industry?

The program does not restrict industries, so startups from any sector can apply as long as they meet the other eligibility criteria.

Is this allowance taxable?

The program facts do not specify tax treatment. You should consult a tax professional regarding the taxability of the grant.

Can a startup receive this allowance while also getting other government funding?

The program facts do not mention any exclusivity clause. However, you should verify with the Department whether concurrent funding is allowed.

Who offers Jharkhand Startup Policy: Sustenance Allowance?

Jharkhand Startup Policy: Sustenance Allowance is offered by Department of IT and E-Governance, Government of Jharkhand, a government body. It is provided as non-dilutive funding.

← Back to Jharkhand Startup Policy: Sustenance Allowance overview