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Mizoram Bana Kaih Scheme: Grants, Loans & Venture Funding for Progress Partners — Frequently Asked Questions

FAQ

Answers to the questions founders most often ask about Mizoram Bana Kaih Scheme: Grants, Loans & Venture Funding for Progress Partners — who qualifies, the funding amount, required documents and how the application works.

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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