Startup Grants & Funding in Sikkim

PMMSY subsidy of ₹2.80–4.20 lakh per hectare for constructing new fish grow-out ponds.

Full to-and-fro travel fare up to Rs. 10,000 for one SC/ST person per enterprise exhibiting at a domestic trade fair.

PMMSY subsidy of ₹2–3 lakh per open sea cage, up to 5 cages per individual or 50 per group.

A Production Linked Incentive (PLI) scheme by the Department of Telecommunications to boost domestic manufacturing, investments, and exports in telecom and networking products across India.

40%–60% capital subsidy for fisheries, aquaculture and marine infrastructure

The Advance Authorisation Scheme allows duty-free import of inputs, fuel, oil, and catalysts physically incorporated or consumed in export products, subject to an export obligation.

A Central Sector Scheme by MSDE providing financial incentives to establishments for engaging apprentices and partial stipend support to apprentices.

The EPCG Scheme allows Indian exporters to import capital goods at zero customs duty and IGST for pre-production, production, and post-production activities, linked to an export obligation.

The Single Point Registration Scheme (SPRS) by NSIC enables Micro & Small Enterprises (MSEs) to participate in government purchases with benefits like tender fee exemption and price preference.

Free lease rental on government land for the first 5 years for units in Sikkim's Frontier Economic Zones.

The Consortia & Tender Marketing Scheme helps Micro and Small Enterprises (MSEs) access government and PSU tenders by forming consortia and providing financial assistance for deposits.

3-5% annual interest subvention for up to 7 years on term loans taken by North East units.

100% of net GST paid returned for up to 10 years to new North East manufacturing and service units.

A Central Government scheme offering financial incentives to automobile and auto component manufacturers for boosting domestic manufacturing of advanced automotive technology products.

10%–25% capital investment subsidy on benchmarked textile machinery under ATUFS

A central government scheme offering financial incentives on incremental sales of pharmaceutical goods and in-vitro diagnostic medical devices to boost India's domestic manufacturing capabilities.

State-level capital subsidies and interest subvention for tourism and hospitality businesses

35%–55% subsidies for polyhouses, cold chain and horticulture infrastructure

A Government of India initiative offering substantial financial incentives, capital subsidies, and interest subventions to boost industrial growth and employment in the North-Eastern Region states.

The Ministry of Chemicals & Fertilizers provides Market Development Assistance of ₹1,500 per Metric Tonne for entities selling specific organic fertilizers under the GOBARDhan initiative.

Full economy airfare for one SC/ST representative from each enterprise visiting an international exhibition, trade fair or seminar abroad.

100% subsidy on minimum stall size for SC/ST enterprises exhibiting at international exhibitions and trade fairs abroad.