Prototype Development and Marketing Assistance (via ABVIL Jharkhand)
Offered by Atal Bihari Vajpayee Innovation Lab (ABVIL)
Overview
Prototype Development and Marketing Assistance is a fiscal incentive offered through the Atal Bihari Vajpayee Innovation Lab (ABVIL), Jharkhand, under the Jharkhand Startup Policy 2023. It supports recognized startups in the state in building prototypes of their innovations and taking them to market, with separate assistance available for both the prototyping and marketing stages.
Eligibility
- Startup must be incorporated/registered in Jharkhand
- Must be within seven years of incorporation (ten years for biotechnology startups)
- Annual turnover must not exceed Rs 25 crore
- Must be registered and recognized through the ABVIL portal and evaluated by the State Evaluation Board
Funding Purpose
The assistance provides up to Rs 10 lakh each for prototype development and for marketing assistance, meant to help startups move an idea into a working prototype and then support its go-to-market and marketing efforts.
Application Process
Startups register online through the ABVIL portal (abvil.jharkhand.gov.in). Applications are then evaluated by the State Evaluation Board, which includes government officials, industry experts, academics, and venture capital representatives, before startups are approved for the incentive.
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.