Startup Odisha Monthly Allowance Scheme – ₹22,000 Non-Repayable Grant — Eligibility Criteria

To apply, your startup must first be recognized under the Startup Odisha Initiative. Additionally, you must fulfil at least one of these four conditions:

• Equity funding: Total equity financing from SEBI-registered AIF Category 1 or 2 funds, or Angel Networks, between ₹5 lakh and ₹1 crore.
• Patent: A patent filed in the startup's name and published by the India Patent Office, related to the nature of business.
• Government grant: A sanction letter of funding/grant from the Government of India or any State Government.
• Revenue run rate: A monthly revenue of ₹50,000 to ₹10 lakh over the last three months.

There is no restriction on industry, state, or entity type mentioned. However, for the enhanced allowance, founders or co-founders must be women, transgender, SC, ST, SEBC, or Persons with Disabilities (PH) and collectively hold at least 50% equity.

Startup Odisha Monthly Allowance Scheme – ₹22,000 Non-Repayable Grant is open to startups at any stage. The programme is targeted at startups registered in Odisha. Applicants should be registered as private limited, llp and opc.