Stand-Up India Scheme — Frequently Asked Questions
Answers to the questions founders most often ask about Stand-Up India Scheme — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding is available under the Stand-Up India Scheme?
The scheme facilitates bank loans between ₹10 lakh and ₹1 crore for eligible entrepreneurs.
What is the application deadline?
No specific deadline has been specified; the scheme is ongoing.
Who is eligible to apply?
Women entrepreneurs and individuals from Scheduled Castes (SC) or Scheduled Tribes (ST) are eligible. For non-individual enterprises, at least 51% shareholding and controlling stake must be held by an SC/ST or woman.
Which sectors are covered?
The scheme covers greenfield projects in manufacturing, services, trading, and activities allied to agriculture.
Does the scheme require DPIIT or MSME registration?
No, DPIIT or MSME registration is not mentioned as a requirement.
Does the scheme take equity in the business?
No, this is a loan facility – no equity is taken. It is a debt-based funding.
What documents are typically needed?
The application requires information about the business, its financial needs, and the entrepreneur's background. Specific documents may include identity proof, caste certificate (if applicable), business plan, and financial projections.
How do I apply?
Applications are submitted online through the Stand-Up Mitra portal at www.standupmitra.in.
What is a 'greenfield' enterprise?
A greenfield enterprise means a new business venture set up from scratch, as opposed to buying an existing business.
Who offers Stand-Up India Scheme?
Stand-Up India Scheme is offered by Government of India, a government body. It is provided as non-dilutive funding.