Startup Manipur - Stand Up Stage Financial Assistance (Grant & Loan for Deprived Sections) — Frequently Asked Questions
Answers to the questions founders most often ask about Startup Manipur - Stand Up Stage Financial Assistance (Grant & Loan for Deprived Sections) — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding is offered under this program?
Who is eligible to apply?
Entrepreneurs who are domiciles of Manipur (at least one promoter if a group), aged 18 or above, and belong to SC/ST/OBC/Women/Minority communities. The business must primarily benefit these deprived sections. Additionally, applicants must not have received more than ₹10 lakh from any Central or State schemes.
What is the application deadline?
The deadline is not specified in the available information.
Is DPIIT or MSME registration required?
The program details do not mention any requirement for DPIIT or MSME registration.
Does the program take equity?
No, this is a grant and loan program. The 30% subsidy is a grant, and the 65% component is a loan, so no equity is taken.
What documents are needed to apply?
While not explicitly listed, you will likely need proof of domicile, age, community certificate, a declaration that you have not received more than ₹10 lakh from other schemes, and a business plan demonstrating how the project benefits deprived sections.
How do I apply?
Applications are submitted online through the Startup Manipur portal at https://apply.startupmanipur.in/frontend/web/index.php.
Can a group apply?
Yes, groups can apply as long as at least one promoter is a domicile of Manipur and meets other eligibility criteria.
What does 'margin money' mean?
Margin money is the 5% contribution from the entrepreneur towards the project cost. It shows your commitment and reduces the total amount funded.
Is there any mentorship or support provided?
Mentorship and other support are likely provided, though specific details have not been disclosed.
Who offers Startup Manipur - Stand Up Stage Financial Assistance (Grant & Loan for Deprived Sections)?
Startup Manipur - Stand Up Stage Financial Assistance (Grant & Loan for Deprived Sections) is offered by Government of Manipur, a government body. It is provided as non-dilutive funding.