Upto a period of ten years from the date of incorporation/ registration
Incorporated as either a Private Limited Company or a Registered Partnership Firm or a Limited Liability Partnership
Turnover for any fiscal year has not exceeded INR 100 crore
Entity should not have been formed by splitting up or reconstruction a business already in existence
Working towards innovation, development or improvement of products or processes or services, or if it is a scalable business model with a high potential of employment generation or wealth creation
