Sunrise Booster 2024: 25% Top-Up for Rajasthan Mega Projects — Frequently Asked Questions
Answers to the questions founders most often ask about Sunrise Booster 2024: 25% Top-Up for Rajasthan Mega Projects — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding does the Sunrise Booster provide?
It adds 25% to the asset-creation incentive an eligible enterprise has already chosen under RIPS 2024. Because the parent incentive depends on the scale of the project's asset creation, the rupee value of the booster varies from project to project rather than being a fixed amount.
Who can apply for the Sunrise Booster?
Mega and ultra mega projects operating in a notified sunrise sector, provided the unit is among the first three to qualify in that sector. Data centres must also meet the minimum 10 MW capacity requirement.
What makes a project 'mega' or 'ultra mega'?
RIPS 2024 sets specific investment and employment thresholds for both categories. Those exact figures sit in the full policy document, so applicants should confirm which band their project falls into before claiming the booster.
Is the 25% calculated on my entire project cost?
No. The percentage is applied to the asset-creation incentive the enterprise is entitled to under RIPS 2024. It lifts that incentive by a quarter rather than applying to the total project outlay.
Is there a deadline to apply?
There is no single fixed closing date. The window is rolling and closes on its own once the first three units to qualify in a given category have been covered, which effectively makes the incentive first-come, first-served.
Does the scheme take equity in my company or need to be repaid?
No. The support is delivered as a subsidy under RIPS 2024, so it does not take a stake in the business and is not a loan that has to be paid back.
Which legal entities are allowed to apply?
The policy refers to eligible units and eligible enterprises, a phrasing that generally covers private limited companies, LLPs, partnerships and proprietorships. What decides the application is the project's size classification, its sector, and whether it is among the first three to qualify.
What documents are needed?
Expect to provide a detailed project report, evidence of the investment made in assets, financial statements, and other supporting papers prescribed in the RIPS 2024 guidelines. These are submitted as part of the asset-creation incentive claim.
How and where do I apply?
There is no separate application form for the booster. The claim is filed within the RIPS 2024 framework and submitted to the nodal agency or department handling industrial promotion and investment in Rajasthan. The state's investment portal at https://rajnivesh.rajasthan.gov.in/ is the entry point.
When is the money disbursed?
Disbursement happens after the application is approved, and it is typically tied to verification that the assets have actually been created and that the project complies with the policy's conditions.
Is DPIIT recognition required for Sunrise Booster 2024: 25% Top-Up for Rajasthan Mega Projects?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for Sunrise Booster 2024: 25% Top-Up for Rajasthan Mega Projects, though having it can strengthen your application and unlock other benefits.
Who offers Sunrise Booster 2024: 25% Top-Up for Rajasthan Mega Projects?
Sunrise Booster 2024: 25% Top-Up for Rajasthan Mega Projects is offered by Department of Industries and Commerce, Government of Rajasthan, a government body. It is provided as non-dilutive funding.
How do I apply for Sunrise Booster 2024: 25% Top-Up for Rajasthan Mega Projects?
Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.
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