Samridh Scheme 2024 Registration Form

samridh scheme 2024 registration form launched, check Startup Accelerators of MeitY for Product Innovation, Development and Growth Yojana objectives, benefits, implementation, launch details समृद्ध योजना 2023

Samridh Scheme 2024

Recently a SAMRIDH scheme has been launched. It has been launched by the Ministry of Electronics and Information Technology. Through the MeitY SAMRIDH Scheme, startup enterprises across the country will be helped to grow and empower. The benefit of financial assistance will also be provided to start-ups through this scheme. There will be a sense of encouragement among the citizens to start their own work. After starting a start-up of their own, enterprises have to face many problems, which will be tried to reduce through this scheme.

MeitY SAMRIDH scheme has been started by the Ministry of Electronics and Information Technology to take the startups started by the citizens to the heights. With the launch of this scheme, startups started by the citizens of the country will be increased and their startups will get a destination. Every effort will be made to promote the startups started by the entrepreneurs. Some entrepreneurs are not able to take forward their startup due to their poor financial condition. Financial assistance will be provided to entrepreneurs to pursue their startups through MeitY SAMRIDH Scheme.

Also Read : PM Swamitva Yojana

Name Of The Scheme	MeitY SAMRIDH Scheme
Launched By	Ministry Of Electronics And Information Technology
Beneficiary	Startups
Objective	To Provide Funding To The Startups
Official Website	Click Here
Financial Assistance	Rs 40 Lakh
Mode Of Application	Online/Offline

Benefits and features of Samridh Scheme

• Through this scheme a platform will be provided to startups so that they can enhance their product and secure investment in order to scale their business. The existing and upcoming accelerators will be provided support for extending their services. The government is going to provide a funding upto Rs 40 lakh to startups under this scheme according to their current valuation and growth stage through accelerators.
• The accelerators are invited to apply online to become partners with MeitY and provide a startup accelerator program of 6 months every year. This scheme will support around 300 tech startups through about 40 cohorts.
• In order to provide various types of benefits to push startup ecosystem the government have launched MeitY SAMRIDH scheme
• Through this scheme the government is going to provide financial support to the startup who have brilliant solution and proof of concept for their product
• This scheme will inspire a lot of citizens to start their own business
• Ministry of electronics and information technology will be responsible for implementing this scheme
• The startups will get platform to enhance their product and secure investment in order to scale their business
• Under this scheme the existing and upcoming accelerators will be provided support for extending their services
• The government is going to provide funding up to Rs 40 lakh to the startups according to their current valuation and growth stage to accelerators
• The accelerators are invited to apply online to become partners with MeitY and provide a startup accelerator program of 6 months every year

Objective Of SAMRIDH Scheme

As you all may be aware that many startups close down within four years of incorporation. Not because of poor quality of products but because of lack of investment or underdeveloped skill set. Keeping this thing in mind the Government of India has launched the MeitY SAMRIDH Scheme. The main objective of the MeitY SAMRIDH scheme is to provide funding support to the startups so that they can become successful. Through this scheme, not only funding support but also skill sets will be provided to the entrepreneurs. Acceleration will be provided to startups by providing customer connect, investor connects and international connect services. This scheme will prove to be a boon in pushing the startup ecosystem. Now the entrepreneurs will get funding that will help them in expanding their business.

Eligibility of SAMRIDH Scheme MeitY

• To start a startup, it is mandatory for the entrepreneurs to be from the country of India.
• The accelerator should have done the business of incubation only in the last 3 years. The accelerator must have supported at least 50 startups. Out of which 10 startups should have received non-public investment or 3 groups should be run together with desirable activities under SAMRIDH Scheme.
• In order to avail the benefits of MeitY SAMRIDH Scheme, the accelerator must have the necessary space and infrastructure to carry out the movement of the startup.
• Structure cohort to accelerate deep tech software product startups
• Onboarded with a Leading Business Mentor
• Connect with a Network/Venture Capitalist/Angel Investor
• Support startups for immersion in domestic and international markets

Implementing Agency Of MeitY SAMRIDH Scheme

• MeitY SAMRIDH Scheme will be implemented through MeitY startup Hub.
• Implementing agencies going to form a project management unit
• This unit will be responsible for implementing this screen
• MeitY startup hub will take equity in startup for government contribution via promissory of or safe note same as a accelerator which will utilise for self sustainability of program
• Scheme Management Committee will also be constituted in order to oversee all aspects related to effective implementation of the scheme
• The scheme Management Committee will be responsible for reviewing the progress of the program in terms of its objective from time to time
• This committee is also responsible for providing guidance and recommend changes or amendments for the improvement of the program.

Required Documents

• Aadhar card
• Residence certificate
• Income certificate
• Bank account details
• Passport size photograph
• Mobile number

Selection Procedure Of Accelerators

• The implementing agencies will invite expression of interest from the eligible accelerators
• Expert committee will be responsible for selecting the accelerators and comprising representatives for government, industry and investor
• Those accelerators who have prior experience of running cohorts will be prioritized over others

Services And Activities Of Accelerator

In order to fit the needs of each startup, the accelerator will be tasked with developing customized acceleration programs in the cohort and provide services that range from customer connect, investor connect, capacity enhancement, product enhancement, etc. The budget of the above-mentioned activities is 2 lakh per start-up to a maximum of 20 lakh per cohort. In each of the cohorts which are organized by the shortlisted accelerator, a maximum of 10 startups and a minimum of 5 startups can be supported who are working in the domain area of the software products. Below mentioned are the services which will be provided to the startups:-

• Expert diagnostic for market research and product positioning
• Co learning
• Monitoring of startup through experts on the basis of tech vertical
• Legal assistance for all matters: IP, in cooperation and other matters
• Connected learning, networking through shared platform
• Weekly meets between founders of all startups
• Demo day: presentation to with VCs and Angel investors
• Assistance to startups in negotiation and closing investment deals with VCs and Angel investors

Also Read : SHRESHTA Scheme

Procedure Register As Startups

• First of all go to the official website of ministry of electronics and information technology startup hub https://meitystartuphub.in/

• On the homepage you are required to click on register under startup section

• Registration page will appear before you
• You have to enter the information on the registration page
• Now you have to upload company logo
• After that you have to click on submit
• By following this procedure you can register as startup

Procedure To Do Startup Login

• Go to the official website of ministry of electronics and information technology startup hub https://meitystartuphub.in/#
• Now you are required to click on login under startup section

• Login page will appear before you
• On this page you have to enter username and password
• Now you have to click on sign in
• By following this procedure you can do start up login.

Procedure To Register As Incubator

• Visit the official website of ministry of electronics and information technology startup hub https://meitystartuphub.in/#
• On the homepage you are required to click on register under incubator section

• Registration page will appear before you
• You have to upload the company logo
• Now you have to enter the information
• After that you have to click on submit
• By following this procedure you can register as incubator

Procedure To Do Incubator Login

• First of all go to the official website of ministry of electronics and information technology startup hub https://meitystartuphub.in/#
• Now you are required to to click on login under in incubator section

• A new page will appear before you
• You have to enter your username and password on this new page
• Now you have to click on sign in
• By following this procedure you can do in incubator login

Procedure To Register As Mentor

• First of all go to the official website of ministry of electronics and information technology startup hub https://meitystartuphub.in/#
• On the homepage you are required to click on register under mentor section

• Registration page will appear before you
• You have to upload the company logo
• Now you have to enter the information
• After that you have to upload relevant documents
• Now you have to click on submit
• By following this procedure you can do mentor registration

Do Mentor Login

• First of all go to the official website of ministry of electronics and information technology startup hub https://meitystartuphub.in/#
• Now you are required to click on login under mentor section

• After that you have to enter your username and password
• Now you have to click on sign in
• By following this procedure you can do mentor login

Contact Information

MeitY Startup Hub

• Address- Room Number: 2214, Ministry of Electronics and Information Technology, Electronics Niketan, 6, CGO Complex, Lodhi Road, New Delhi-110-003
• Phone: +91-11-24301715/24364799
• Email: [email protected]

MSH Related Query

• Email: [email protected]
• Telephone: +91-11-24301419

MeitY Startup Hub

For any technical query +91-11-24301419

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