West Bengal Startup Policy (Seed Capital and Interest Subsidy)
The West Bengal Startup Policy, administered through the Department of Micro, Small and Medium Enterprises and Textiles, aims to foster a robust ecosystem for entrepreneurship in the state. The scheme offers financial incentives including seed capital assistance to technology-driven startups and an interest subsidy on term loans. Registered startups can receive seed funding to bridge the gap between ideation and commercialization. Additionally, the policy provides reimbursement for patent registration costs and incentives for quality certifications. By facilitating access to capital and reducing the burden of debt, the state government intends to accelerate the growth of innovative ventures, create high-value employment, and position West Bengal as a leading startup hub in eastern India.
Eligibility
- • Target: founder
- • Category: Entrepreneurship
- • State: West Bengal
Documents required
- ☐ Startup India Recognition Certificate
- ☐ Company Incorporation Certificate
- ☐ Detailed Project Report (DPR)
- ☐ PAN Card of the Entity
- ☐ Aadhaar of Promoters
- ☐ Bank Account Details
- ☐ Valid Trade License
Frequently asked questions
Who is eligible for West Bengal Startup Policy (Seed Capital and Interest Subsidy)?
Targeted at founders in West Bengal under the Entrepreneurship category. Verify full eligibility on the official portal before applying.
What is the benefit amount?
Seed capital up to ₹10 lakh and 50% interest subsidy for 5 years
How do I apply?
Apply directly on the official government portal linked above. YojanaRadar never charges to apply for any government scheme.
Is the deadline fixed?
Rolling applications. Confirm on the official portal.