In order to provide employment to developing industries and economic growth, the Government of India launched various schemes. Now the Ministry of Electronics and Information Technology called Meity launched another scheme called MeitY SAMRIDH Scheme 2023 in order to provide funding for the startups. By reading this article in detail you will get to know more about the scheme and how it is implemented and beneficial for the candidates who receive benefits under the scheme. Providing employment is the biggest task in this time where most of the youth are unemployed. By launching this scheme the beneficiaries will get financial support to start their own business or it will push them towards entrepreneurship.
MeitY SAMRIDH Scheme 2023
One of the main focus areas for the ministry of Electronics and information technology startup hub is to empower startup Ventures to motivate entrepreneurship, employment, and economic growth across the country. By taking all these areas in a single platform the ministry of Electronics and information technology department launched the MeitY SAMRIDH Scheme. The startup ecosystem in the country has largely benefited from the initiatives and it will push towards entrepreneurship which inspired many to start their own business. By launching this scheme several entrepreneurs can secure their investment in order to develop their business. The upcoming accelerators will help them to extend their services. The government is going to provide an amount of 40 lakh to startups and this is according to the current valuation and growth stages through accelerators.
Objective of MeitY SAMRIDH Scheme
One of the key objectives is to provide funding support to startups which will help the entrepreneurs for freshers to start their own business and become successful. The Scheme is launched by the Ministry of Electronics and Information technology. This scheme will not only provide funding but also provide skill-developing techniques which help the entrepreneurs to flourish their business. The incubators and accelerators are also provided to startups by providing customer connect, investor connects and international connect services. Under the scheme financial support is provided to the entrepreneurs that will help them in expanding their business. This scheme will prove to be a blessing in the startup ecosystem.
Pradhan Mantri Digital Health Mission
Key Highlights of MeitY SAMRIDH Scheme
| Name of the scheme | Meity SAMRIDH Scheme 2023 |
| Launched by | Ministry of Electronics and information technology |
| Beneficiary | Startups |
| Objective | To provide financial assistance for the startups |
| Official website | https://meitystartuphub.in/ |
| Mode of application | Online/Offline |
| Launch year | 2022 |
| Financial assistance | Rs 40 lakh |
Benefits and features of MeitY SAMRIDH Scheme
- With the vision to support entrepreneurs to the startup the government of India has launched the Meity SAMRIDH Scheme.
- Through the MeitY SAMRIDH Scheme, the government is going to provide financial support to the entrepreneurs to enhance their business.
- Under the scheme the government will provide 40 lakh to the startups according to their current evaluation and growth stage to accelerators.
- The accelerator and incubators are invited to apply online to become partners with meity and provide a startup accelerator program of 6 month every year.
- MeitY SAMRIDH Scheme is beneficial for the citizens to get inspired and start their own business.
- The incubators and accelerators are also important partners in the overall startup ecosystem with support and accelerate the successful development of business.
- It is proposed to support around 300 tech startups through about 40 cohorts under the program.
Pradhan Mantri Suraksha Bima Yojana
Eligibility Criteria
- To get eligible under the scheme the accelerator must have been involved in business for more than 3 years and should support at least 50 startups under which at least 10 have received non-public investment and have an experience of running at least 3 cohorts with activities which are listed under the SAMRIDH scheme.
- The accelerator must have work experience in India.
- Accelerators must have space and infrastructure to perform activities of a startup.
- The accelerator should demonstrate capabilities with regard to:
- Supporting start ups for domestic and international Market immersion.
- Onboarded with leading business mentors.
- Structured cohort for accelerating deep tech software product startups.
- Network/connect with venture capitalist/ Angel investors.
Documents Required
- Aadhar card
- Residence certificate
- Income certificate
- Bank account details
- Passport size photograph
- Mobile number
PM Mudra Loan
Procedure for MeitY SAMRIDH Scheme Registration as Startups
- For registration first go to the official website of ministry of Electronics and information technology startup hub.
- Now the home page will appear on your screen where you have to click on the registration option under the startup section.
- Then the registration page will appear on your screen.
- Under registration page you have to enter your details such as
- Name of the entity
- Status of registration with startup India scheme
- Team size
- Stage
- Funding type
- Short description
- Registered address
- City
- State
- District
- Zip code
- Company representative email
- Company representative name
- Phone number
- After that you have to upload your company logo.
- Now after filling all the details correctly click on the submit button.
- By following this easy procedure you can register as a startup.
Procedure to Do Startups Login
- First go to the official website of the ministry of Electronics and information technology startup hub.
- Now the home page will appear on your screen where you have to click on the login option.
- Then the login page will appear on your screen.
- Here you have to enter your username and password then click on the sign in button.
- Now you can easily login to startup.
Procedure to Register as Incubator
- First visit to the official website of the Ministry of Electronics and Information technology.
- The home page will appear on your screen where you have to click on the register tab under the incubator section.
- Registration page will appear on your screen where you have to upload the company logo.
- Now you have to enter the following details
- Name of incubation centre
- Name of legal entity
- Registration number
- Website
- Legal status
- Registered address
- Principal currency
- Country
- Total number of seats
- Domain
- Name of CEO
- Name of authorised signatory
- Contact person email
- Designation
- Mobile number
- After filling all the details click on the submit button.
Procedure to Login as Incubator
- First visit to the official website of the Ministry of Electronics and Information technology.
- The home page will appear on your screen by clicking on the login option under the incubator section.
- The login page will appear on your screen.
- On this page you have to enter your username and password.
- Now you have to click on the sign in button.
- By following these steps you can easily do incubator log in.
Procedure to Register as Mentor
- First visit to the official website of the Ministry of Electronics and Information technology.
- The home page will appear on the screen where you have to click on the register under the mentor section.
- The registration page will appear on your screen where you have to upload the company logo.
- Now you have to enter the following details
- Name of the mentor
- Phone number
- Skills
- Domain
- About
- Association with any organisation
- Details of incubation program is start up activity innovation ecosystem
- After failing all the details you have to upload the documents.
- Now click on the submit button.
Procedure to do Mentor Login
- First visit to the official website of the Ministry of Electronics and Information technology.
- The home page will appear on your screen where you have to click on the login option under the mental section.
- Now the login page will appear on your screen where you have to enter your username and password.
- Then click on the sign in button.
- By following these easy steps you can easily do mentor login.
View Challenge Result
- First of all you have go to Official Website ministry of electronics and information technology star Hub
- After then the home page will open before you
- you have required to click on result under challenges section
- you have select the challenge of own choice
- after then now you have to click on results
- required information front of you
Contact us
- First visit to the official website of the ministry of Electronics and information technology.
- The home page will happen on your screen where you have to click on reach us option.
- Now a page will appear on your screen where you have to enter your name, email id and message.
- After that click on the submit button.
Contact information
Meity startup hub
- Address- Room number: 2214, Ministry of Electronics and information technology, Electronic Niketan, 6, CGO complex, Lodhi road, New Delhi- 110-003
- Phone number- +91-11-24301715/24 36 47 99
- Email: [email protected]