š Unlock the financial support your startup needs to scale faster.
Starting a business takes passionābut scaling it takes capital. Luckily, the Indian government offers a wide range of funding schemes to support startups at every stage. Whether youāre at the idea level or ready to expand, there’s a funding program designed to help you grow.
In this blog, weāll cover the top government funding schemes in India and how to apply for them.
š± 1. Startup India Seed Fund Scheme (SISFS)
Best for: Early-stage startups needing capital to build MVPs or test products.
The Seed Fund Scheme provides financial assistance of up to ā¹20 lakhs for proof-of-concept and product trials, and up to ā¹50 lakhs for market entry and commercialization.
š Eligibility:
- DPIIT-recognized startups
- Less than 2 years old
- Not received prior funding support
š¼ 2. Stand-Up India Scheme
Best for: Women entrepreneurs and SC/ST business founders.
Launched to promote inclusive entrepreneurship, Stand-Up India provides loans from ā¹10 lakhs to ā¹1 crore for greenfield enterprises in manufacturing, services, or trading sectors.
š Eligibility:
- SC/ST or woman entrepreneur
- Business must be a first-time venture
- Applicant should not be a defaulter
š§¾ 3. MSME Business Loans (Credit Guarantee Scheme)
Best for: Small businesses looking for working capital or business expansion.
This scheme allows small and micro-enterprises to avail collateral-free credit up to ā¹2 crores, backed by the government.
š Eligibility:
- MSME registered units
- Viable business plan
š 4. Mudra Loan (Micro Units Development and Refinance Agency)
Best for: Micro and small businesses, especially in rural and semi-urban areas.
Mudra offers loans under three categories:
- Shishu ā up to ā¹50,000
- Kishore ā ā¹50,000 to ā¹5 lakhs
- Tarun ā ā¹5 lakhs to ā¹10 lakhs
š 5. Credit Linked Capital Subsidy Scheme (CLCSS)
Best for: Technology upgrades in manufacturing sectors.
This scheme offers a 15% capital subsidy for eligible plant and machinery upgrades, helping MSMEs stay competitive.
š¤ How AddMax Business Services Can Help
We make funding easy by:
- Evaluating your eligibility
- Preparing your documents and business plan
- Applying on your behalf to the right schemes
- Following up for faster approvals
š Final Words
With the right funding, your startup can scale faster and smarter. Donāt miss out on these government-backed opportunities that can reduce financial pressure and boost growth.
š Get in touch with AddMax Business Services today. Letās secure your startup fundingāhassle-free.