Startup Incentives

Entrepreneurs of Startups with MASI shall be eligible for a Sustenance Allowance of Rs. 20,000/- per month per Start-Up entity for one year. Preference in this regard shall be accorded to women entrepreneurs.
Startups with MASI shall be eligible for a Rs. 5,00,000/- one time Idea2POC (Idea to Proof of Concept) Grant per startup for developing their product/service. Eligibility for the grant shall be evaluated by Nodal Agencies as identified by the State Government and as per the operating guidelines.
Startups with MASI shall be eligible for a grant of up to Rs. 50,00,000/- per startup [which would include the Rs. 5,00,000/- Idea2POC Grant per startup]. The rest of the Scale-Up Grant may be utilized towards raw material purchase, marketing and other scaling up costs required for supporting the commercialization of products and services of the startup. Eligibility for the grant shall be evaluated by Nodal Agencies as identified by the State Government and as per the operating guidelines.
*The forms for claiming monetary benefits will be visible to recognized Startup’s on their Startup Assam Dashboard post recognition