The Bihar Startup Policy is a new scheme that was recently launched in Bihar. This is an entrepreneur policy designed to boost entrepreneurship in the state of Bihar. COVID and inflation issues have been major setbacks in the state since then. As a result, the government instituted the scheme to assist private organizations. This Policy will provide a benefit of Rs. 10,00,000 for ten years with no interest. The policy will include training and guidance support. In today’s article, we will learn everything there is to know about this Policy. We will also learn about the portal that was launched as part of this scheme.

The policy was launched in Bihar in July 2022 by Syed Shahnawaz Hussain, the state’s industry minister. The policy aims to boost entrepreneurship in Bihar. The primary goal of this startup policy is to accelerate the growth of Bihar’s MSMEs sector. This policy will concentrate on the handloom industry, the clothing industry, handicrafts, industries that benefit villages, and so on. During the policy, any youth or individual will receive a Rs 10 lakh fund with no interest for ten years. Furthermore, if the organization wishes to participate in any acceleration initiatives, it will receive an additional 3 lakh rupees.

Details of Bihar Startup Policy

Policy Name	बिहार स्टार्टअप पॉलिसी
Under	State Government of Bihar
Launch By	Syed Shahnawaz Hussain, the industry minister of Bihar
Launch Date	29 July 2022
Online Registration Date	Not started
Web Portal	https://startup.bihar.gov.in/

Benefits of Bihar Startup Policy

1. This scheme was launched in August 2022 to encourage entrepreneurship in the state.
2. Young Bihar entrepreneurs would receive a ten-year, interest-free loan of ten lakh rupees.
3. The scheme will allocate this amount as seed money.
4. Created a startup platform for young business people in Bihar who want to take advantage of the policies and programs that are available to them.
5. Increased incentives of 5% for female entrepreneurs, as well as a 3 lakh rupee grant for businesses that participate in “rigorous training for product improvement and finance.”
6. There are financial incentives and other amenities available in addition to shared office space.

The objective

• After receiving funding from an angel investor, an individual can obtain additional funds.
• Counseling, training, and marketing assistance will be provided as needed under the program.
• Women entrepreneurs belonging to the SC/ST categories will receive 15 percent more, which means that if a normal woman entrepreneur receives 10 lakh fifty thousand rupees, a woman belonging to the SC categories will receive approximately 11 lakh fifty thousand rupees, which in this scenario means more. 
• This policy startup has a startup portal as well.
• This scheme will not only assist in providing start-up funds, but it will also provide financial incentives and other beneficial facilities during the initial period to assist and support. Such methods will increase the number of startups in Bihar’s economy.

Documents Needed

• Valid Email ID (the email should be valid for at least 1 year).
• Educational qualification Certificate
• Proof of entity
• Balance Sheet
• Given the format filled with details and signature
• Mobile no. linked with Aadhar
• Passport size photo
• Scanned Image of
• Aadhar card and PAN card
• Caste certificate

How to Register for Bihar Startup Policy 2024?

• To apply for this Policy, go to the official website.
• Select the register option from the homepage.

• On the screen, a new page will appear.
• Continue after carefully reading all of the instructions.

• Following that, you will see an application format in both Hindi and English.
• Download your preferred application format.

• The registration form will then appear on the screen.
• Fill out the application form with your information.

• Check the information carefully before clicking the submit button.
• Your registration will go through without a hitch.
• Print a copy of the application form.

How to Login?

• Navigate to the official website of the Bihar Startup Policy.
• The screen will display the home page.
• Select the login option from the homepage.

• On the screen, the new login form will appear.
• In the application form, enter your email address and password.
• Select the login option.

बिहार वोटर लिस्ट

Official Link	Click Here
ModiScheme Homepage	Click Here