Sarkari Yojana
Bihar Startup Policy
About Bihar Startup Policy
As part of its ongoing push to strengthen the state economy, the Government of Bihar has rolled out the Bihar Startup Policy. The policy sets out to spur entrepreneurship across Bihar, and its main goal is to speed up the growth of the state’s MSMEs sector.
Scheme Overview
State Government
Business Entity
29 Jul 2022
Scheme Details
Eligibility Requirements
To qualify for Bihar Startup Policy, applicants must satisfy the following conditions:
The entity must be no more than ten…
The entity must be no more than ten years old counted from its date of incorporation/ registration, and must be either a private limited company (as defined in the Companies Act, 2013), a partnership firm registered under section 59 of the Partnership Act, 1932, or a limited liability partnership under the Limited Liability Partnership Act, 2008.
In no financial year since incorporation/ registration may…
In no financial year since incorporation/ registration may the entity's turnover have gone above one hundred crore rupees.
The entity must be engaged in innovation, development…
The entity must be engaged in innovation, development or improvement of products, processes or services, or must run a scalable business model with strong potential to generate jobs or wealth.
An entity created by splitting or reconstructing an…
An entity created by splitting or reconstructing an existing business will not qualify as a ‘Start-up’.
The Start-up has to be incorporated or registered…
The Start-up has to be incorporated or registered in Bihar and must maintain an office in Bihar.
Taxes applicable on the company's operations must also…
Taxes applicable on the company's operations must also be payable in Bihar.
Benefits Provided
Bihar Startup Policy provides the following benefits to eligible applicants:
Bihar introduced its startup policy in August 2022…
Bihar introduced its startup policy in August 2022 to encourage entrepreneurship within the state.
Young entrepreneurs of Bihar can receive an interest-free…
Young entrepreneurs of Bihar can receive an interest-free loan of 10 lacks for ten years, released as seed money under the Bihar Startup Policy.
Women entrepreneurs get 5 per cent higher incentives,…
Women entrepreneurs get 5 per cent higher incentives, and businesses taking part in “rigorous training for product improvement and finance” receive a grant of 3 lakh rupees.
Shared office space is available, along with monetary…
Shared office space is available, along with monetary incentives and other facilities.
A dedicated startup platform has been set up…
A dedicated startup platform has been set up for young entrepreneurs in Bihar who wish to benefit from the available policies and programmes.
Documents Required
Applicants should keep the following documents ready before starting the application:
An active Email ID that will remain valid…
An active Email ID that will remain valid for a minimum of 1 year.
A mobile number that is linked to Aadhar
A mobile number that is linked to Aadhar.
A recent passport-size photograph
A recent passport-size photograph.
Scanned copies of the following
Scanned copies of the following:
Aadhar card along with the Pan card
Aadhar card along with the Pan card. Caste certificate (general category applicants need not submit). Certificate of educational qualification. Proof that the entity exists (where it is registered). The entity's Balance Sheet. The given format completed with all details and signed.
2022-07-29
How to Apply
Online Application
Applicants can apply for Bihar Startup Policy through the online application process outlined below.
Application Portal: Open Application Portal ↗
Applicants wishing to register under the Bihar Startup…
Applicants wishing to register under the Bihar Startup Policy should open the official website.
On the homepage, choose the register option
On the homepage, choose the register option .
A fresh page opens; go through the instructions…
A fresh page opens; go through the instructions carefully before continuing.
Respond to 8 of the 10 questions shown
Respond to 8 of the 10 questions shown.
Once the questions are answered, the registration form…
Once the questions are answered, the registration form appears.
Fill in the application form and click the…
Fill in the application form and click the submit option.
The registration is completed successfully
The registration is completed successfully.
Print a copy of the application form for…
Print a copy of the application form for your records.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.