Bihar Startup Policy 2025:- A new initiative called the Bihar Startup Policy has been introduced in Bihar to promote entrepreneurship. The economic challenges posed by COVID-19 and inflation have made it necessary for the government to support private enterprises. This policy offers a significant benefit of Rs. 10,00,000 over ten years without interest. Along with monetary support, the policy will also provide training and guidance for entrepreneurs. In this article, we will explore all the details related to the Bihar Startup Policy for 2025, including information about the online portal.
Bihar Startup Policy 2025 Overview
- The policy was launched in July 2024 by Syed Shahnawaz Hussain, the industry minister of Bihar.
- The policy aims to enhance entrepreneurship in Bihar, with a focus on growing the MSMEs sector.
- Key sectors targeted include handloom, clothing, handicrafts, and rural industries.
- Eligible individuals can avail a funding of Rs. 10 Lakh at zero interest for a decade.
- Organizations engaging in acceleration programs can receive an additional financial support of Rs. 3 Lakh.
- If they attract investment from angel investors, a success fee of 2% on the profits will be charged.
- Additional funding may be available after the initial aid from angel investors.
- Counseling, training, and marketing support will also be offered under this scheme.
- Women entrepreneurs, especially those from SC/ST backgrounds, will receive enhanced financial benefits.
- This initiative aims to not only provide startup capital but also financial incentives to help stimulate startups in Bihar’s economy.
- Interested candidates can apply through the specific portal designed for this policy.
- During the launch event, the minister announced that preliminary seed funds would be released soon, although exact dates are not confirmed.
Bihar Chief Minister Entrepreneur Scheme
Bihar Startup Policy 2025 Key Highlights
| Policy Name | Bihar Startup Policy 2025 |
| Launched By | Syed Shahnawaz Hussain, Industry Minister of Bihar |
| Launch Date | 29 July 2024 |
| Administered By | The State Government of Bihar |
| Online Registration Date | Not Started |
| Web Portal | startup.indbih.com |
Objectives of Bihar Startup Policy 2025
The primary goal of this policy is to boost the MSME sector’s growth and foster entrepreneurship across Bihar.
Mukhyamantri Alpsankhyak Rojgar Rin Yojana
Benefits of Bihar Startup Policy 2025
- Launched in August 2024, this policy aims to encourage entrepreneurship in Bihar.
- Young entrepreneurs in Bihar can access a loan of Rs. 10 Lakh sans interest for ten years as seed capital.
- Additional financial incentives of 5% for female entrepreneurs, along with a grant of Rs. 3 Lakh for intensive training in product development and financial management.
- The policy also offers shared office spaces, financial support, and other facilities to empower startups.
- A dedicated startup platform for young entrepreneurs to access available policies and programs.
Required Documents for Bihar Startup Policy 2025
Documents needed include:
- Valid Email ID (should be operational for at least one year).
- Mobile number linked to Aadhar.
- Passport-sized photograph.
- Scanned Documents of:
- Aadhar Card and PAN Card.
- Caste Certificate (not required for general category).
- Educational Qualification Certificate.
- Proof of Entity Registration (if applicable).
- Balance Sheet.
- Filled application form as per prescribed format.
Steps to Register for Bihar Startup Policy 2025
- Visit the official website.
- From the homepage, click on the register option.
- A new page will appear with instructions.
- After reading the instructions, choose to proceed.
- Download the application format available in Hindi or English.
- Fill in the required details in the application form.
- Review the filled details and click submit.
- Your registration will be complete, and you can print your application for future reference.
Login Process for Bihar Startup Policy 2025
- Go to the official website of Bihar Startup Policy.
- The home page will appear on the screen.
- Select the login option from the homepage.
- Enter your email ID and password.
- Click on the login button to access your account.