The government has called for project submissions for startup enterprise loans. The Industrial Business Development Foundation has published a notice on Friday requesting the submission of projects for startup enterprise loans.
According to Startup Enterprise Loan Procedure 2080, loans will be provided to startups who have the latest knowledge, thinking, skills and abilities in the specified fields and have met the startup enterprise criteria.
The project will have to be submitted within the next 21 days for the loan. The government will provide loans of up to 25 lakhs to startups at 3 percent interest rate. The project itself will be the collateral for the loan.
For startup venture loans click here Download the project proposal format and submit it to the office of the institution in Tripureshwar.
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| Loans up to 25 lakhs at three percent interest rate to startups, project itself as collateral |