Mukhyamantri Swarozgar Yojana: Up to ₹25L for Uttarakhand Entrepreneurs
A Uttarakhand government subsidy scheme, run by the state Khadi and Village Industries Board, that pairs bank financing of up to ₹25 lakh with a 15–25% subsidy for new and existing micro-enterprises.
- Funding amount
- ₹25L (subsidy)
- Funding type
- Subsidy
- Provider
- Uttarakhand State Khadi and Village Industries Board (Government)
- Application deadline
- Rolling
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Overview
The Mukhyamantri Swarozgar Yojana is a subsidy programme of the Government of Uttarakhand, implemented by the Uttarakhand State Khadi and Village Industries Board under the state's Department of Industries. It exists to push self-employment and small entrepreneurship among people who permanently live in the state, by combining bank credit with a government subsidy.
The money is channelled through banks. A manufacturing venture can be financed for a project cost of up to ₹25 lakh, while a service or business venture can go up to ₹10 lakh. Alongside the loan, the Board extends a subsidy whose rate depends on the district category where the unit is set up.
The scheme is deliberately broad in scope. Industrial units, service enterprises, business ventures, agriculture, animal husbandry, orchards and apple cultivation are all covered, so it is not restricted to any single industry. Both fresh ventures and existing small-scale units that need an upgrade can use it.
There is no application window to race against — the scheme accepts applications throughout the year. Everything is filed online through the official portal at https://msy.uk.gov.in/.
Highlights
- Bank financing up to ₹25 lakh for manufacturing projects and ₹10 lakh for service or business projects
- Subsidy of 15–25% of project cost, set by district category
- Maximum subsidy of ₹6.25 lakh for manufacturing and ₹2.50 lakh for service in Category-A districts
- Subsidy is disbursed only after two years of successful operation
- Open to Uttarakhand permanent residents aged 18 and above; no educational qualification bar
- Rolling applications with no deadline — filed online at msy.uk.gov.in
Who can apply
Residency is the first filter: you must be a native or permanent resident of Uttarakhand, and a residence certificate is part of the document set you upload.
- Age: the applicant has to be at least 18 years old.
- Education: no minimum educational qualification is prescribed anywhere in the scheme rules.
- Who can apply: individuals as well as entities that are setting up a venture or upgrading one they already operate.
- Activities covered: industrial and manufacturing units, service enterprises, business ventures, agriculture, animal husbandry, orchards and apple cultivation.
- Credit history: you should not have defaulted on any loan from a bank or a financial institution.
- Banking: you need to hold an account at the bank that will finance the project, in the relevant area.
Because existing small-scale units are eligible too, an applicant does not have to be a first-time founder — expansion and modernisation projects are equally valid.
Mukhyamantri Swarozgar Yojana: Up to ₹25L for Uttarakhand Entrepreneurs 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
Mukhyamantri Swarozgar Yojana: Up to ₹25L for Uttarakhand Entrepreneurs 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 comes in two layers: a bank loan sized to the project, and a subsidy from the Board that lowers what the promoter ultimately pays back.
Project cost financed by the bank
- Manufacturing enterprises: up to ₹25 lakh
- Service and business enterprises: up to ₹10 lakh
Subsidy, fixed by district category
- Category-A districts: 25% subsidy — ceiling of ₹6.25 lakh for manufacturing, ₹2.50 lakh for service
- Category-B and B+ districts: 20% subsidy — ceiling of ₹5 lakh for manufacturing, ₹2 lakh for service
- Category-C and D districts: 15% subsidy — ceiling of ₹3.75 lakh for manufacturing, ₹1.50 lakh for service
One condition shapes the whole benefit. The subsidy is not handed over at the start — it is disbursed only once the unit has been running successfully for a full two years, which lightens what the borrower eventually repays to the bank and rewards businesses that stay operational.
About the provider
Mukhyamantri Swarozgar Yojana: Up to ₹25L for Uttarakhand Entrepreneurs is offered by Uttarakhand State Khadi and Village Industries Board, a government body. As a government-backed subsidy, 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
Applications go through eligibility screening first and credit appraisal second.
- Every application filed through the official portal is screened online against the scheme's eligibility conditions.
- Applications that clear screening are forwarded to the banks designated under the scheme, which carry out a financial assessment and approve funding for the project.
- Once a project is approved and the unit is established, its operations are monitored.
- The subsidy portion is released by the Uttarakhand Khadi and Village Industries Board only after the enterprise has been continuously operational for two years, confirming its sustainability and its alignment with the scheme's objectives.
Documents you’ll need
Before you apply to Mukhyamantri Swarozgar Yojana: Up to ₹25L for Uttarakhand Entrepreneurs, 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.
Who this is best for
Mukhyamantri Swarozgar Yojana: Up to ₹25L for Uttarakhand Entrepreneurs is best suited for startups in India seeking non-dilutive funding of ₹25L. If that describes your startup, review the eligibility criteria above before applying.
Frequently asked questions
How much funding can I get from the Mukhyamantri Swarozgar Yojana?
That depends on the nature of your project. A manufacturing enterprise can be financed by the bank for a project cost of up to ₹25 lakh, while a service or business venture can go up to ₹10 lakh. On top of the loan, the Board pays a subsidy equal to 15%, 20% or 25% of the project cost, depending on the district in which your unit is located.
Who is eligible to apply for this scheme?
You must be a native or permanent resident of Uttarakhand and at least 18 years of age. No educational qualification is required. You should also have no default against a bank or financial institution, and you must hold an account at the bank financing your project in the relevant area. Both people starting a fresh venture and those wanting to upgrade an existing small unit can apply.
Is there a last date for submitting the application?
No. The scheme operates on a rolling basis, so applications are accepted throughout the year and there is no fixed closing date to work against.
Does the scheme take equity in my business?
No. This is a subsidy-linked bank financing programme rather than an equity investment. The bank lends the project cost and the Board contributes the subsidy, so the promoter does not have to surrender any ownership or shares in the venture.
Do I need DPIIT recognition or MSME registration?
The eligibility conditions set out for this scheme do not list DPIIT recognition or MSME registration among the requirements. What is required is Uttarakhand residency, a minimum age of 18, a clean record with banks and financial institutions, and an account with the bank that will finance the project in the relevant area.
What documents do I need to upload?
You upload a photograph of the applicant, your Aadhaar card, a permanent or original residence certificate, a caste or special-category certificate if applicable, a copy of the project details, a handicapped certificate if applicable, and your ration card. Every document submitted must be self-attested.
How do I apply for the Mukhyamantri Swarozgar Yojana?
Submit your application online through the official portal at https://msy.uk.gov.in/. Once the online screening of eligibility is done, eligible applications are passed on to banks, which assess the project, approve the funding and disburse the financial assistance.
When will the subsidy amount actually reach me?
Not at the start. The subsidy is disbursed only after the enterprise has been successfully operational for a continuous period of two years. That waiting period exists to confirm that the project is stable and viable before the state's contribution is released.
Which sectors and activities are covered by the scheme?
Industrial units, service enterprises, business ventures, agriculture, animal husbandry, orchards and apple cultivation are all within its ambit. The scheme is built around promoting self-employment and micro-enterprises across Uttarakhand rather than backing one specific industry.
How is the subsidy percentage decided?
Two factors settle the rate: the category of the district where your unit is based, and whether the project falls under manufacturing or under service and business. Category-A districts carry the highest rate at 25%, Category-B and B+ districts get 20%, and Category-C and D districts get 15%. Each slab also has a rupee ceiling — a Category-A manufacturing unit can receive at most ₹6.25 lakh, while the highest subsidy available to a service venture is ₹2.50 lakh.
Who offers Mukhyamantri Swarozgar Yojana: Up to ₹25L for Uttarakhand Entrepreneurs?
Mukhyamantri Swarozgar Yojana: Up to ₹25L for Uttarakhand Entrepreneurs is offered by Uttarakhand State Khadi and Village Industries Board, a government body. It is provided as non-dilutive funding.
More funding from Uttarakhand State Khadi and Village Industries Board
Uttarakhand State Khadi and Village Industries Board runs another program listed on startupfunds — compare them before you decide where to apply.
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