Turn Your Idea Into Opportunity
Government of Manipur is committed to create a Startup eco-system in the state by providing the right resources and the platform.
National Startup Awards 2021
About Startup Manipur
Enabling Environment
NEDC
Create a Network of Entrepreneurship Development Centers (NEDC) in Universities and leading Higher education institutes. State will facilitate capacity building of NEDC partner institutions through active collaboration with leading business incubators (BI) in the State and outside.
Business Incubators
State will assist in creating Business Incubators (BIs) in the State to enable them incubate a number of start-ups Preferential lease of land from State Government as per its land policy to government recognized BIs in the State. About 20% of space available will be earmarked in existing and forthcoming Industrial Estate.
Product / Prototype
Access to Government R & D labs and resources to start-ups will be facilitated by State Government. State will facilitate creation of a state-wide Mentor and Expert Network (MEN) for Start-ups. Provision for one-stop comprehensive service to promising start-ups through website.
Market
Access to list of market and potential buyers inside and outside the state through MEN. Providing potential investors to select the project from the database that they would be interested to fund. Market development support through FICCI, IITF
Idea Stage
If you have an innovative scalable business idea.
- Subsidy of Rs. 3 lakhs.
- Business Incubation Training mandated.
Revenue Stage
For existing entrepreneurs to scale up business.
- Subsidy @ 30% upto max of Rs. 30 lakhs.
- 65% loan from banks and 5% margin money.
ESS Stage
Support to existing micro entrepreneurs.
- Subsidy @ Rs. 1 lakh.
- Bank loan @ Rs. 2 lakhs.
Stand up Stage
Greenfield Project. Focus on deprived sections, SC/ST/OBC/Women/Minority.
- Same as Revenue for new projects
Eligibility And Selection Process
Eligibility
- A domicile of Manipur by birth
- Any individual/group of individuals having innovative idea/concept.
Selection Process
- Applicant need fill up the application forms and submit through this website (see Top)
- First level screening will be done by a committee
- Selected Startups have to pitch their business idea in front of a panel in the Manipur Startup.
- A jury of panels consisting of MEN, EDC, state representative will select the startup based on their pitch, business plan, feasibility, scalability and budget.