Standup India aims to support women entrepreneurs and SC/ST category individuals by providing financial assistance for setting up greenfield enterprises.
Key Features:
- Loan amount between Rs. 10 lakhs to Rs. 1 crore
- Minimum 25% margin money contribution
- Repayment tenure up to 7 years enterprises
- No collateral required under CGTMSE coverage
Eligibility Criteria:
- SC/ST or Women entrepreneurs
- Greenfield business in manufacturing, trading, or service sector
- Minimum 51% shareholding by SC/ST/Women in case of partnership firms.
Documents Required:
- Business plan and financial projections
- PAN, Aadhaar, and caste certificate (if applicable)
- Proof of business registration
