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How to Apply for Skilled Youth Startup Scheme — Sikkim Loans with 35–50% Subsidy
How to apply
Skilled Youth Startup Scheme — Sikkim Loans with 35–50% Subsidy accepts applications online through the official portal on a rolling basis. Follow the steps below — and always confirm the latest details on the official source before you apply.
How to apply
Applications are submitted on the . Confirm the current deadline and document checklist there before you start.
Selection process
The process runs from the District Industries Centre to the bank, in this order:
- Application submission: the prescribed form (Annexure-I), a Detailed Project Report and supporting documents go to the General Manager at the District Industries Centre (DIC) in Gangtok or Jorethang.
- Committee review: a Selection Committee made up of representatives from relevant government departments and banks examines each proposal for viability and for alignment with the scheme's objectives.
- Forwarding to the bank: once the committee clears a project, it is sent to the designated bank for loan sanctioning.
- Entrepreneur Development Training: the applicant completes the mandatory 3-day training.
- Disbursement: the loan is released only after the training is done.
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