Stand-up India

Stand- Up India is the flagship scheme of Government which seeks to leverage the institutional credit structure to reach out to the underserved people such as Scheduled Caste, Scheduled Tribe and Women entrepreneurs. There is considerable emphasis on promotion of SC/ST and Women Entrepreneurs and to encourage greater participation of SC/ST and Women in the Indian MSME growth story, Stand-Up India Scheme Facilitates bank loans between Rs.10 lakh and 1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower per bank branch for setting up a greenfield enterprise in manufacturing, services or the trading sector.

The main public financial institution involved in Stand up India funding functions is the Small Industries Development Bank of India (SIDBI ). It operates through wholly owned subsidiary, SIDBI Venture Capital Limited (SVCL).

Budding Entrepreneurs

The National Scheduled Tribe and Scheduled Caste Hub aimed to promote entrepreneurship at the grass root level enabling economic empowerment and subsequent job creation for SC/ST groups. A number of schemes have been launched by the Ministry of MSME. In addition to this, the Hon’ble Prime Minister has also launched Start-Up India initiative to create a sound ecosystem, to generate entrepreneurs, which is strongly supported by Stand Up India initiative, working towards provision of loan at an affordable cost.