Stand Up India Scheme facilitate bank loans between 10 lakh and 1 crore to atleast one scheduled caste (SC) or Scehduled Tribe, borrower and atleast one women per bank branch for setting up a greenfield enterprise. This enterprise may be in manufacturing, services or the trading sector. In case of non-individual enterprises at least 51% of the shareholding and controlling stake should be held by either an SC/ST or Woman entrepreneur.
The scheme which covers all branches of Sceheduled Commercial Banks, will be accessed in three potential ways:
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Startup India Portal is a one of its kind online platform for all stakeholders of the startup ecosystem in India.