The Bihar Startup Policy was introduced by the Government of Bihar to strengthen the entrepreneurial ecosystem and promote industrial growth in the state. Launched in August 2022, this policy is designed to accelerate the growth of MSMEs and provide critical support to budding entrepreneurs through financial aid, infrastructure, and incentives. It specifically targets innovation-driven businesses and scalable startups with employment and wealth creation potential.
Scheme Key Highlights (Short Summary)
• Launch Date: August 2022
• Department: Bihar Government
• Loan Support: ₹10 lakhs interest-free for 10 years
• Additional Incentives: ₹3 lakh training grant + 5% bonus for women entrepreneurs
• Office Requirement: Must have a functional office in Bihar
• Platform: Online application portal available for startups
Benefits
• Interest-free loan of ₹10 lakhs for 10 years as seed capital
• Additional 5% incentive for female entrepreneurs
• ₹3 lakh grant for startups completing product and financial training
• Access to shared office space, infrastructure, and other amenities
• Online platform for mentorship, networking, and policy access
Eligibility
• Startup must be registered/incorporated in Bihar under:
• Companies Act, 2013
• Partnership Act, 1932
• LLP Act, 2008
• Entity age: Not more than 10 years from the date of incorporation
• Annual turnover should not exceed ₹100 crore since registration
• Must be engaged in innovation, development, or scalable models
• Must not be formed by splitting or reconstructing an existing business
• Startup should be headquartered and operating in Bihar
• Applicable taxes must be paid in Bihar
Application Process
Online
• Visit the Official Bihar Startup Portal
• Click on Register on the homepage
• Read the instructions and answer 8 out of 10 eligibility questions
• Fill in the online application form after successful validation
• Submit the form and download a copy for your records
Documents Required
• Valid Email ID (active for at least 1 year)
• Mobile number linked with Aadhaar
• Passport size photo
• Scanned copies of:
• Aadhaar Card and PAN Card
• Caste Certificate (if applicable)
• Educational Qualification Certificate
• Registration Proof of Entity
• Latest Balance Sheet
• Filled and signed format provided on the portal
Frequently Asked Questions (FAQs)
Q: What is Bihar Startup Policy?
A: It is a scheme by the Bihar government to provide financial and infrastructural support to startups registered and operating in Bihar.
Q: Who may get the scheme benefits?
A: Startups incorporated in Bihar with innovative business models and valid registrations are eligible.
Q: What are the benefits under Bihar Startup scheme?
A: ₹10 lakh interest-free loan, ₹3 lakh training grant, shared infrastructure, and special incentives for women entrepreneurs.
Q: Who may apply for Bihar Startup scheme?
A: Individuals or firms with a registered startup in Bihar meeting the eligibility criteria.
Q: How to apply for the scheme?
A: Through the official online portal by registering and filling out the application form.
Q: What is the URL to apply online?
A: https://startups.bihar.gov.in
Q: What documents are required while submitting the online application?
A: Aadhaar, PAN, entity proof, balance sheet, educational certificate, and passport photo.
Q: What will be the loan amount provided under startup scheme?
A: ₹10 lakhs, interest-free for 10 years.
Q: Can other state students also apply for this scheme?
A: No, the startup must be registered and operating in Bihar.
Q: How much Incentives will be provided for Female Entrepreneurs?
A: Additional 5% over the base grant plus eligibility for a ₹3 lakh training grant.