Specially devised and specifically implemented for
promoting first entrepreneurial projects of first generation entrepreneurs
Aspirants must be of age between 21 -35 in general
and for special (Women/BC/MBC/SC/ST/Ex-servicemen/Transgenders/Differently abled), age
relaxation upto 45 years
Degree / Diploma / ITI / Vocational Training
Manufacturing or Service projects with Project cost
from Rs.10.00 lakhs upto Rs.5.00 crore
Promoter’s contribution 10% for General and 5% for
Special Category
Loan assistance from TIIC / Commercial Banks /
TAICO Banks
Individual Based Capital Subsidy @ 25% of the
Project cost (Maximum Rs.75.00 lakhs)
3% Interest subvention through-out the entire
repayment period
