Punjab Startup Policy Lease Rental Subsidy — Frequently Asked Questions
Answers to the questions founders most often ask about Punjab Startup Policy Lease Rental Subsidy — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
What is the maximum funding I can receive through this subsidy?
The program provides up to ₹3,00,000 per year, representing 25% of your monthly lease rental. For example, if you pay ₹1,00,000 in annual rent, you'd get ₹25,000 – but the max total subsidy cannot exceed the annual cap.
When is the deadline to apply?
The application window is rolling (always open). You can apply at any time through the Invest Punjab portal, and applications are reviewed regularly.
Which stages of startups are eligible?
Startups at any stage – from just an idea, to product development, to revenue generating – are welcome to apply.
Is DPIIT registration required? What about MSME?
Yes, the startup must be DPIIT-recognised. That is non-negotiable. An MSME/Udyam registration is not required for this scheme.
Are there sector restrictions?
No specific industry restrictions were stated. As long as you are a DPIIT startup and meet all other criteria, you could be eligible regardless of sector.
Does this subsidy involve taking equity in my startup?
No. This is a pure subsidy (financial grant), and it is considered non-dilutive. The government does not take any stake or repayable loan in exchange for this support.
What about the lease – must it be in my startup’s name?
Yes. The lease agreement must be legally valid and in the startup’s official name. You must prove that your startup pays the rent directly.
How often will I get reimbursed?
Reimbursements are deposited quarterly (or per the schedule published on the Invest Punjab portal), after you submit quarterly rent proofs.
Where is my office supposed to be located to qualify?
Your workspace must be located in Punjab, strictly inside a recognised incubator, an IT park, or a designated industrial cluster. Leasing anywhere else will not be supported.
What documents will I need while applying?
The documents required include the DPIIT startup certificate, the valid rent lease deed (agreement), monthly rent receipts or traces of rent payment from bank statements, and the startup’s bank account details that would receive the reimbursement.
Who is eligible to apply for Punjab Startup Policy Lease Rental Subsidy?
Punjab Startup Policy Lease Rental Subsidy is open to startups at the idea, product and revenue stage. The programme is targeted at startups registered in Punjab. Applicants should be registered as private limited, llp and partnership. Applicants must hold DPIIT (Startup India) recognition.
Who offers Punjab Startup Policy Lease Rental Subsidy?
Punjab Startup Policy Lease Rental Subsidy is offered by Department of Industries & Commerce, Government of Punjab, a government body. It is provided as non-dilutive funding.
How do I apply for Punjab Startup Policy Lease Rental Subsidy?
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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