Mizoram Bana Kaih Scheme: Grants, Loans & Venture Funding for Progress Partners
A Government of Mizoram scheme that backs selected Progress Partners with catalytic capital grants, venture funding, collateral-free bank loans with full interest subvention, and long-term handholding support.
- Funding amount
- Varies by program
- Funding type
- Equity
- Provider
- Planning and Programme Implementation Department, Government of Mizoram (Government)
- Application deadline
- Rolling
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Overview
The Mizoram Bana Kaih (Handholding) Scheme is a state government programme run by the Planning and Programme Implementation Department, Government of Mizoram. It was launched for an initial five-year period beginning September 19, 2024, with the broad aim of driving socio-economic development across the state — generating livelihoods, nurturing entrepreneurship and supporting sustainable growth.
The scheme operates through a pool of selected Progress Partners. Rather than offering a one-off cheque, it combines capital with continuous guidance: chosen applicants can receive catalytic capital grants, access to a venture funding route, and credit linkage, along with advisory services, training, technical assistance and supervision for the duration of the programme.
Beyond support to individual enterprises, Bana Kaih works on cluster development in agriculture and industry, market access and price support for priority crops, and the fixed capital — infrastructure and machinery — that businesses need in order to scale. Participative planning and innovation are built into how it functions, and its objectives are aligned with the Sustainable Development Goals.
Applications run on a rolling basis through the scheme portal, so there is no annual window that founders have to wait for before applying.
Highlights
- Grants, venture funding and credit linkage bundled into a single scheme
- Bank loans without collateral, backed by full interest subvention and bank guarantee support
- Handholding through advisory, training, technical assistance and supervision
- Market linkages, market intelligence and price support for priority crops
- Runs for an initial five years from September 19, 2024
- Rolling applications with no fixed deadline
Who can apply
Bana Kaih is not limited to registered companies. It is open to individuals, groups, organisations, entrepreneurs and innovators — the common thread is that the applicant is already doing something, not merely proposing to.
- Applicant type: an individual, a group, an organisation, an entrepreneur or an innovator.
- Current activity: the applicant must be engaged in livelihood, business, startup or development work.
- Growth potential: the project must show high potential for wealth and employment generation.
- Selection: the applicant has to be chosen as a Progress Partner by the Apex Body. Meeting the basic criteria is not the same as being selected.
Because the final call rests with the Apex Body, an application is judged on the strength of the project and its employment and wealth-generation prospects rather than against a rigid checklist of entity types or sectors. Bana Kaih is a Government of Mizoram initiative, and its focus is development within the state.
Mizoram Bana Kaih Scheme: Grants, Loans & Venture Funding for Progress Partners is open to startups at any stage. It is open to startups registered anywhere in India.
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Deadline & timing
Mizoram Bana Kaih Scheme: Grants, Loans & Venture Funding for Progress Partners 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.
What the funding covers
Support under the scheme comes in several forms, and a Progress Partner can be backed through more than one of them at the same time.
- Capital support: catalytic capital grants for the enterprise.
- Venture funding: the scheme is classified as an equity-based funding route, so this component works as an investment rather than a plain grant.
- Credit linkage: collateral-free bank loans with full interest subvention, along with bank guarantee support.
- Handholding: advisory services, structured training, technical assistance and ongoing supervision.
- Market support: price support for priority crops, market intelligence and market linkages.
- Fixed capital: financial backing to create infrastructure and acquire machinery.
Other forms of backing available under the scheme include mentorship, training workshops, incubation support, regulatory support and lab infrastructure.
On top of the direct assistance, Bana Kaih promotes cluster development in the agriculture and industrial sectors, encourages participative planning, and supports innovation in line with the Sustainable Development Goals. The amount a Progress Partner ultimately receives is not a fixed figure — it varies by project.
About the provider
Mizoram Bana Kaih Scheme: Grants, Loans & Venture Funding for Progress Partners is offered by Planning and Programme Implementation Department, Government of Mizoram, a government body. As a government-backed equity, it is publicly funded and open to eligible startups across India.
How to apply
Applications are submitted on the . Confirm the current deadline and document checklist there before you start.
Selection process
Selection moves from the portal, through the relevant department, and finally to the Apex Body for a decision.
- Register and submit: Applicants register on the scheme portal and file their application online, opting for either the Loan route or the Chief Minister Package. On successful submission, a confirmation SMS is sent to the registered phone number.
- Categorisation by Trade: Each application is sorted according to the 'Trade' selected in it.
- Departmental verification: The department that handles that Trade carries out a verification of the application.
- Forwarding: Once verified, the application is passed to the Planning and Programme Implementation Department for further processing.
- Apex Body decision: The Apex Body makes the final selection of Progress Partners, assessing each case on its potential for wealth and employment generation.
Documents you’ll need
Before you apply to Mizoram Bana Kaih Scheme: Grants, Loans & Venture Funding for Progress Partners, 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.
Frequently asked questions
What exactly is the Mizoram Bana Kaih (Handholding) Scheme?
It is a Government of Mizoram programme administered by the Planning and Programme Implementation Department, launched for an initial five-year term starting September 19, 2024. It backs selected 'Progress Partners' with both money and hands-on support, with the goal of building livelihoods, entrepreneurship and sustainable development in the state.
Who is eligible to apply for Bana Kaih?
Individuals, groups, organisations, entrepreneurs and innovators who are already engaged in livelihood, business, startup or development activity, and who can demonstrate a strong potential for wealth and employment generation. Meeting these conditions makes you eligible to apply, but you also need to be selected as a Progress Partner by the Apex Body.
How much funding does the scheme provide?
There is no single published amount — the level of support varies from project to project. What the scheme offers is a package rather than one fixed sum: catalytic capital grants, a venture funding route, and credit linkage through collateral-free bank loans with full interest subvention and bank guarantee support. The exact mix depends on the project and on what the Apex Body approves.
Is there an application deadline?
No. Applications are accepted on a rolling, always-open basis, so you can register and submit at any point during the scheme's five-year term. There is no annual window you need to wait for.
Does Bana Kaih take equity in my business?
The scheme is categorised as an equity-based funding programme and includes a venture funding component, which works as an investment rather than a pure grant. That sits alongside grants and credit linkage, so the terms you receive depend on which route your project is supported through.
How and where do I apply?
Register as a new user on the scheme portal at https://handholding.mizoram.gov.in/register, then submit your application online. A single user account can be used for one individual project and/or one organisation project. During submission you choose between the Loan option and the Chief Minister Package, and a confirmation SMS is sent to your registered phone number once the application goes through.
What happens to my application after I submit it?
It is first categorised by the 'Trade' you selected in the application. The department responsible for that Trade verifies it, after which the verified application is forwarded to the Planning and Programme Implementation Department for further processing. The Apex Body then takes the final selection decision.
What does 'handholding support' actually include?
It is the assistance that runs alongside the funding — advisory services, structured training programmes, technical assistance and ongoing supervision. Progress Partners keep receiving this guidance as they grow, instead of being left to manage on their own after the money is disbursed.
Which sectors and activities does the scheme support?
It broadly supports livelihood, business, startup and development activities. It also specifically promotes agriculture and allied sectors through a cluster approach, and the development of industrial clusters that can attract investment. Support is linked to agro-climatic suitability and to employment potential.
Can I apply for both a personal project and an organisation project?
Yes. One user account can be used to submit one individual project and/or one organisation project, so a founder applying in a personal capacity and through an organisation does not need two separate accounts.
Is DPIIT recognition required for Mizoram Bana Kaih Scheme: Grants, Loans & Venture Funding for Progress Partners?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for Mizoram Bana Kaih Scheme: Grants, Loans & Venture Funding for Progress Partners, though having it can strengthen your application and unlock other benefits.
Who offers Mizoram Bana Kaih Scheme: Grants, Loans & Venture Funding for Progress Partners?
Mizoram Bana Kaih Scheme: Grants, Loans & Venture Funding for Progress Partners is offered by Planning and Programme Implementation Department, Government of Mizoram, a government body. It is provided as an investment.
How do I apply for Mizoram Bana Kaih Scheme: Grants, Loans & Venture Funding for Progress Partners?
Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.
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