Financial Incentive for Successful Fundraising (via Startup Chhattisgarh)
Offered by Startup Chhattisgarh
Overview
The Financial Incentive for Successful Fundraising is part of the Chhattisgarh Innovation and Startup Promotion Policy 2025-2030's interest subsidy component, issued under a notification dated 25 April 2025 as part of the state's Industrial Development Policy 2024-2030. It rewards startups that have successfully raised debt financing by subsidizing the interest cost of that borrowing.
Eligibility
- Must be a recognized startup under the state's policy that has secured a loan
- Loan must be up to 50 lakh rupees to qualify for the subsidy
Funding Purpose
The incentive provides a 100% interest subsidy on loans up to 50 lakh rupees, capped at a maximum interest rate of 10%, for five years, reducing the ongoing cost of debt for startups that have successfully raised financing.
Application Process
Apply within 6 months of receiving funds, with proof of investment sanction or disbursement.
How to Apply
- 1Click "Apply Now" above and submit your application directly on the official page.
- 2The offering organisation screens applications against its own eligibility criteria.
- 3Shortlisted applicants may be invited to a pitch or interview round.
- 4The final decision rests solely with the offering organisation.
- 5There is no guarantee of funding at any stage.
Before You Apply
- ZeedFund is an independent tracker, not the offering organisation or a funding body.
- Verify current eligibility, funding amount, and deadline on the official page before applying. Details can change after we last verified them.
- Once you apply, all follow-up (screening updates, interview or pitch invites, and the final decision) comes directly from the facilitator, incubator, or investor, never from ZeedFund. Check their application portal or email yourself for status updates; we won't have visibility into it.