Startup Manipur - Revenue Stage Financial Assistance (Grant & Loan)
Startup Manipur offers revenue-stage businesses up to ₹30L grant (30% subsidy) plus 65% bank loan, mentorship, and market linkage for domiciled entrepreneurs.
- Funding amount
- ₹30L (grant)
- Funding type
- Grant
- Provider
- Government of Manipur (Government)
- Application deadline
- Rolling
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Overview
Startup Manipur is a state government initiative designed to support revenue-stage startups and businesses domiciled in Manipur. The program provides financial assistance covering a project cost of up to ₹1 crore, structured as a 30% subsidy (maximum ₹30 lakh) from the State government, a 65% loan from banks, and a 5% margin money contribution from the business owner. Beyond funding, it offers mentorship, access to incubator/accelerator programs, and opportunities for market linkage and product showcasing. This comprehensive support aims to help established businesses scale while fostering entrepreneurship in the region.
Highlights
- Up to ₹30 lakh grant (30% subsidy) plus 65% bank loan on a project cost of ₹1 crore.
- Open only to Manipur domiciled entrepreneurs running profitable businesses.
- Business must be a Private Limited, LLP, or Partnership firm, between 3 and 10 years old.
- Annual turnover must be less than ₹100 crores.
- Includes mentorship, incubator/accelerator programs, and market linkage.
- No equity taken – pure grant and loan support.
Who can apply
To apply, you must meet the following criteria:
- Residency: You must be a domicile of Manipur. If applying as a group, at least one promoter should be a Manipur domicile.
- Age: You must be at least 18 years old.
- Entity Type: Your business must be registered as a Private Limited company, LLP, or Partnership firm.
- Business Age: The business should not be more than 10 years old from the date of registration. Additionally, it must be at least three years old with audited financial reports.
- Turnover: Annual turnover should be less than ₹100 crores.
- Profitability: You must be running a profitable business.
- Prior Funding: You must not have received more than ₹10 lakh of monetary support from Central or State Schemes (a declaration is needed).
- Compliance: You need to upload AADHAAR, PAN, business registration certificate, and audited financial statements (balance sheet, P&L, ITR) for the last financial year.
Startup Manipur - Revenue Stage Financial Assistance (Grant & Loan) 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
Startup Manipur - Revenue Stage Financial Assistance (Grant & Loan) 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
The program covers up to ₹1 crore project cost, with the following components:
- 30% subsidy from the State government, capped at ₹30 lakh (grant, no equity taken).
- 65% loan from banks.
- 5% margin money contribution from the business owner.
- Additionally, recipients gain access to mentorship, incubator/accelerator programs, and market linkage/product showcase opportunities.
About the provider
Startup Manipur - Revenue Stage Financial Assistance (Grant & Loan) is offered by Government of Manipur, a government body. As a government-backed grant, it is publicly funded and open to eligible startups across India. You can verify current details and timelines on the provider's official website before applying.
How to apply
Applications are submitted on the official portal. Confirm the current deadline and document checklist there before you start.
Selection process
Applications are submitted online through the Startup Manipur portal. Required documents include AADHAAR, PAN, business registration certificate, audited financial statements, founder details, business details, financial details, and a business pitch. The selection process may involve verification of eligibility, evaluation of the business proposal, and approval by the State government. The exact stages and timeline are not specified in the provided facts.
Documents you’ll need
Before you apply to Startup Manipur - Revenue Stage Financial Assistance (Grant & Loan), 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
Startup Manipur - Revenue Stage Financial Assistance (Grant & Loan) is best suited for startups in India seeking non-dilutive funding of ₹30L. If that describes your startup, review the eligibility criteria above before applying.
Frequently asked questions
How much funding does Startup Manipur provide?
The program supports up to ₹1 crore project cost, with a 30% subsidy (maximum ₹30 lakh) from the State, a 65% bank loan, and a 5% margin money contribution from you.
Is the grant free money or do I have to repay it?
The 30% subsidy (grant) does not need to be repaid. The 65% loan component must be repaid to the bank as per the loan terms.
What is the application deadline?
The deadline is not specified in the program details. It is recommended to check the official portal regularly for updates.
Who is eligible to apply?
You must be a Manipur domicile, at least 18 years old, running a profitable business. Your business should be a Private Limited, LLP, or Partnership firm, between 3 and 10 years old, with annual turnover under ₹100 crores. You must not have received more than ₹10 lakh from other government schemes.
Does the program take equity in my company?
No. The assistance is in the form of a grant (subsidy) and a loan, so you do not give up any equity.
Do I need DPIIT or MSME registration?
The provided facts do not require DPIIT or MSME registration. However, you need AADHAAR, PAN, and a valid business registration certificate.
What documents are required to apply?
You need AADHAAR, PAN cards (your own and business), business registration certificate, audited financial statements (balance sheet, P&L, ITR) for the last financial year, founder details, business details, and a business pitch.
How do I apply?
Applications are submitted online through the Startup Manipur portal at https://apply.startupmanipur.in/frontend/web/index.php.
Who offers Startup Manipur - Revenue Stage Financial Assistance (Grant & Loan)?
Startup Manipur - Revenue Stage Financial Assistance (Grant & Loan) is offered by Government of Manipur, a government body. It is provided as non-dilutive funding.
More funding from Government of Manipur
Government of Manipur runs 2 other programs listed on startupfunds — compare them before you decide where to apply.
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