What you get
- Financial support through bank loans with back-ended subsidy of 35% or 50%. | - Maximum admissible project cost varies by category, up to ₹20 lakhs. | - Mandatory Entrepreneur Development Training (3 days) provided before loan disbursement. | - Preference for Persons with Disabilities (PwDs) with 50% subsidy eligibility. | - Support for a wide range of sectors including: | - Dairy, poultry, piggery, food processing. | - Wood and bamboo crafts. | - Homestays and tourism. | - IT services, tailoring, coaching centers. | - Automobile workshops and diagnostic centers. | Activities covered and maximum project cost: | S. No.CategoryMaximum Project cost Admissible1Animal Husbandry, Agriculture & Allied activities-Dairy, Poultry and PiggeryDairy:5 lakhs, Poultry:3 lakhs, Piggery:5 lakhs2Organic Farming - Green house 3 lakhs3Food Processing and other manufacturing sectors10 lakhs4Wood Handicraft & Cottage Industries 10 lakhs5Metal Fabrication works 10 lakhs6Tourism -Paragliding, Mountain cycling, etc.10 lakhs7Rural Homestays 15 lakhs 8 IT & IT enabled services10 lakhs8IT & IT enabled services10 lakhs9Cutting and tailoring for Cooperative registered societies20 lakhs10Bakery & Restaurants **15 lakhs11Beauty Parlours/Boutique/Grocery/Manihari & other Retail shops 10 lakhs10 lakhs12Coaching Institute/Training Centre5 lakhs13Herbal Products Industry including Nurseries 10 lakhs10 lakhs14Paper bags/Paper plates 10 lakhs10 lakhs15Bamboo based Industry (Cane & Bamboo) 10 lakhs10 lakhs16Automobile Workshop Garage/Car spa 10 lakhs10 lakhs17Diagnostic Centres 20 lakhs20 lakhs18Film Industry/Film Auditorium (Minisize) excluding construction20 lakhs1919 Any Other Project which the Committee deems to be fit for funding Nominal funding
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
Who can apply for the Skilled Youth Startup Scheme (SYSS)?
Applicants must be residents of Sikkim possessing a Certificate of Identification (COI), Sikkim Subject Certificate, or Residential Certificate (for urban areas).
What is the age limit to apply under SYSS?
The applicant must be between 18 and 45 years of age at the time of submitting the application.
Is there any minimum educational qualification required?
Yes, the applicant must have passed at least Class V from a recognized school. For technical or service-based projects, a relevant technical certificate is required.
Can more than one member from the same family apply?
No, only one member per family is eligible to avail benefits under the scheme.
Is there an income limit to be eligible for the scheme?
Yes, the applicant's family income must not exceed ₹8 lakhs per annum.
Are government employees' children eligible?
Only children of Group ‘C’ and Group ‘D’ government employees are eligible to apply under this scheme.
Can an applicant who has availed subsidy under PMEGP or CMSS apply?
No, applicants who have previously availed subsidy under PMEGP or CMSS are not eligible for this scheme.
What financial contribution is expected from the applicant?
Applicants must contribute 5% to 15% of the project cost, depending on the norms of the financing bank.
Is trade license necessary at the time of application?
Yes, the applicant must have a valid trade license or permit for the proposed project at the time of bank loan sanction.
Is there any special provision for Persons with Disabilities (PwD)?
Yes, PwD applicants are given priority and are eligible for a 50% loan subsidy under the scheme.