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Business & Entrepreneurship

Scheme for assistance for Start Ups/ Innovation: Pre- Series A Funding

The "Scheme for Assistance for Start Ups/ Innovation" under the Gujarat Industrial Policy, aims to drive economic growth by generating jobs, fostering competition, and introducing next-gen solutions.

Authority

State/ UT

Region

Gujarat

Status

Verified 2026

Updated

March 2026

What you get

- Bridges Funding Gap: Provides financial support during the critical "valley of death" phase.

Who can apply

Any individual or group of individuals with an innovative idea or concept, recommended by an approved Nodal Institution, is eligible.; The scheme is open to startups in any sector or branch of science, technology, engineering, agriculture, healthcare, etc., making it sector-agnostic.

Required Paperwork

  • Aadhaar Card
  • PAN Card
  • Income Certificate
  • Residence Proof (Domicile)

Common Questions

What is the objective of the "Scheme for Assistance for Start Ups/ Innovation"?

The "Scheme for Assistance for Start Ups/ Innovation" is an umbrella scheme launched by the Industries and Mines Department, Gujarat under the Gujarat Industrial Policy. Effective from August 7th, 2020 to August 6th, 2025, aims to drive economic growth by generating jobs, fostering competition, and introducing next-gen solutions.

What is "Pre-Series A Funding"?

Pre-Series A funding is a financial mechanism that supports startups during the phase after commercialization but before they achieve significant market traction.

Which startups are eligible for this funding?

Startups with innovative ideas, recognized by an approved Nodal Institution, and those that have received seed support under government schemes are eligible for this funding.

Is the funding scheme limited to specific sectors?

No, the scheme is sector-agnostic and supports innovative projects in all industries, including science, technology, healthcare, agriculture, and more.

Can a startup receive benefits from multiple government schemes?

Startups availing incentives under other government startup schemes, except the Student Startup and Innovation Policy (SSIP), are not eligible for this funding.

Are startups formed by splitting or reconstructing existing businesses eligible?

No, entities formed by splitting up or reconstructing an existing business are not eligible for this funding.

What role do Nodal Institutions play in the funding process?

Nodal Institutions are responsible for evaluating, validating, and recommending startup proposals to the Industries Commissioner's Office for further scrutiny and approval.

Are startups in the student category eligible to apply?

Yes, startups availing benefits under the Student Startup and Innovation Policy (SSIP) are eligible for this funding.

Who provides the final approval for the funding?

The final approval is provided by the State Level Empowered Committee (SLEC) after due diligence and scrutiny.