Startup Chattisgarh

The Government of Chattisgarh has launched the ‘Startup Chhattisgarh’ initiative. The main objective of this initiative is to develop entrepreneurship and to promote innovation. Under this initiative, the Chattisgarh government aims at nurturing startup companies on the specified sectors like healthcare, animal husbandry, and value-addition of core sector products. In this article, we look at the Start-Up Chattisgarh in detail.

Vision

To promote sustainable growth in the innovation-based economy and develop entrepreneurial spirit across the state.

Objectives

The Objectives of the ‘Start-up Chhattisgarh’ are as follows:

To establish a technology-based business incubator in the state.
To promote equality by encouraging women in entrepreneurship.
To conduct start-up boot camps in academics covering schools and universities.
To build start-up infrastructure such as accelerator, incubators, research and development centre by linking innovative companies with the state.
To be recognised as one of the leading hubs of innovation and entrepreneurship in the world.
To enable the citizens of the state to associate with the startups to have a higher quality of life.

Innovative businesses covered

The 'Start-Up Chattisgarh' will focus on innovative businesses in the following areas:

Established core sectors like Iron, Steel, Aluminium, Coal, Power etc.
Internet of Things (IoT) and Wearable Technologies
Web and Mobile Technology
Social Mobility Analytics and Cloud (SMAC)
Financial Technologies (Fin Tech) with a focus on financial inclusion and mobile commerce (m-commerce).
Healthcare Technology
MSME sector to increase efficiency and new solutions for the cluster-based approach
Social Innovation for empowering citizens
Emerging industries of the State such as Defence, Automotive, Agro Processing, ESDM and Biotechnology
Renewable Energy
Safe and Smart Cities, and Smart Villages

Funding and State Support

The fund will be released for setting up the core Incubator-cum Accelerator for at least 3 years. The fund can be used for the following purpose:

For setting up of infrastructure and office space
For bearing the operating expenditure
For organising international, national and local events
For organising training in academic institutions like schools and universities
For providing financial support to start-up

The fund will be provide up to Rs. 50 lakhs of an interest-free loan to start-ups selected in the State Incubator. Aside from this a Venture Capital Fund of more than Rs. 100 Crore for investment in a startup would be mobilised by the State Nodal Agency leveraging various sources of funding for entrepreneurs and start-ups. From venture capital fund the separate fund will be allocated for women innovators to motivate and empower women entrepreneurs in the state.

Registration Procedure

To register for 'Startup Chattisgarh', follow the steps mentioned below: Step 1: Kindly visit the official website of Startup Chattisgarh. Step 2: Click on Startup Registration link which is present on the home page of the portal. Step 3: Register with the necessary details such as enterprise name, PAN number, representative name, mobile number, email ID - to create user ID and password. Step 4: After registration, “Startup Application” to be accessed and fill with the following details:

- Registered Company
- Name of the Company
- Incorporation/ Registration Number
- Incorporation/ Registration Date
- Industry
- Sector
- Sector - Category
- PAN Number
- Detailed Address
- Authorised Representative Details
- Details of Directors/ Partners

Step 5: On submission, the application will be reviewed by the Officer from Department of Commerce and Industries (Nodal Department), the state startup certificate will be issued within 10 days of applying after all the submitted documents are verified.

Back to Learn

Frequently Asked Questions

Common questions about Startup Chhattisgarh: Innovate and Thrive in Chhattisgarh.

The main objective of the 'Start-Up Chhattisgarh' initiative is to develop entrepreneurship and promote innovation in the state of Chhattisgarh. It aims to nurture startup companies in specific sectors like healthcare, animal husbandry, and value-addition of core sector products.

The 'Start-Up Chhattisgarh' initiative will focus on innovative businesses in areas such as established core sectors like steel, aluminium, and power; Internet of Things (IoT) and wearable technologies; web and mobile technology; financial technologies (FinTech); healthcare technology; MSME sector; social innovation; emerging industries like defence, automotive, and biotechnology; renewable energy; and safe and smart cities and villages.

The 'Start-Up Chhattisgarh' initiative will provide an interest-free loan of up to Rs. 50 lakhs to startups selected in the State Incubator. Additionally, a Venture Capital Fund of more than Rs. 100 crore will be mobilized for investment in startups, with a separate fund allocated for women innovators to empower women entrepreneurs.

To register for the 'Start-Up Chhattisgarh' initiative, entrepreneurs need to visit the official website, click on the 'Startup Registration' link, and complete the registration process by providing necessary details such as enterprise name, PAN number, representative name, mobile number, and email ID.

After completing the registration process and submitting the required details, such as company name, incorporation/registration number, industry sector, PAN number, and details of directors/partners, the application will be reviewed by the Department of Commerce and Industries. If all submitted documents are verified, the state startup certificate will be issued within 10 days of applying.

The objectives of the 'Start-Up Chhattisgarh' initiative include establishing a technology-based business incubator, promoting women entrepreneurship, conducting startup boot camps in academic institutions, building startup infrastructure like accelerators and research centers, becoming a leading hub of innovation and entrepreneurship, and enabling citizens to associate with startups for a higher quality of life.

The 'Start-Up Chhattisgarh' initiative aims to promote equality by encouraging women in entrepreneurship. It has a dedicated fund allocated for women innovators to motivate and empower women entrepreneurs in the state.

The vision of the 'Start-Up Chhattisgarh' initiative is to promote sustainable growth in the innovation-based economy and develop an entrepreneurial spirit across the state of Chhattisgarh.

The 'Start-Up Chhattisgarh' initiative aims to build startup infrastructure such as accelerators, incubators, and research and development centers by linking innovative companies with the state. It also plans to set up a core Incubator-cum-Accelerator for at least three years.

The funding provided under the 'Start-Up Chhattisgarh' initiative can be utilized for setting up infrastructure and office space, bearing operating expenditures, organizing events and training programs in academic institutions, and providing financial support to startups.