Scheme for Accelerating Startups around Post COVID Technology Opportunities (SASACT) — Frequently Asked Questions
Answers to the questions founders most often ask about Scheme for Accelerating Startups around Post COVID Technology Opportunities (SASACT) — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding is offered under SASACT?
SASACT provides grant funding of up to ₹10Cr.
What is the application deadline for SASACT?
The deadline is not specified in the provided facts. Please check the MeitY portal for updates.
Who is eligible to apply for SASACT?
Startups developing technology aligned with the post-COVID economy are eligible. Specific stage, industry, or registration requirements are not mentioned.
Does SASACT take equity in return for funding?
No, SASACT is a grant program, so it does not take equity. Grants are non-dilutive.
What documents are typically required for the SASACT application?
The application typically requires a detailed business plan, financial projections, and information about the startup's team and technology.
How can I apply for SASACT?
Applications can be submitted through the MeitY portal at the provided URL.
Is DPIIT or MSME registration required for SASACT?
The provided facts do not specify whether DPIIT or MSME registration is required. Please verify on the MeitY portal.
Who offers Scheme for Accelerating Startups around Post COVID Technology Opportunities (SASACT)?
Scheme for Accelerating Startups around Post COVID Technology Opportunities (SASACT) is offered by Ministry of Electronics and Information Technology (MeitY), a government body. It is provided as non-dilutive funding.