{"id":3272,"date":"2023-08-18T11:37:11","date_gmt":"2023-08-18T06:07:11","guid":{"rendered":"https:\/\/www.orderz.in\/blog\/?p=3272"},"modified":"2023-08-31T16:20:03","modified_gmt":"2023-08-31T10:50:03","slug":"top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know","status":"publish","type":"post","link":"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/","title":{"rendered":"Top 10 Government Grants and Schemes Every Indian Entrepreneur Should Know"},"content":{"rendered":"<h2><span class=\"ez-toc-section\" id=\"Introduction\"><\/span><b>Introduction:\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400\">As the entrepreneurial ecosystem in India continues to evolve, the government has introduced various grants and schemes to support and encourage budding entrepreneurs.\u00a0<\/span><\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 ez-toc-wrap-left counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #102c56;color:#102c56\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #102c56;color:#102c56\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/#Introduction\" title=\"Introduction:\u00a0\">Introduction:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/#How_does_the_Startup_India_program_work\" title=\"How does the Startup India program work?\">How does the Startup India program work?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/#Recognition_and_Registration\" title=\"Recognition and Registration:\u00a0\">Recognition and Registration:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/#Benefits_and_Incentives\" title=\"Benefits and Incentives:\u00a0\">Benefits and Incentives:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/#Incubators_and_Accelerators\" title=\"Incubators and Accelerators:\u00a0\">Incubators and Accelerators:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/#Promotion_of_Innovation\" title=\"Promotion of Innovation:\u00a0\">Promotion of Innovation:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/#Monitoring_and_Evaluation\" title=\"Monitoring and Evaluation:\u00a0\">Monitoring and Evaluation:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/#Periodic_Updates\" title=\"Periodic Updates:\u00a0\">Periodic Updates:\u00a0<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/#Top_10_Government_Grants_and_Schemes\" title=\"Top 10 Government Grants and Schemes\">Top 10 Government Grants and Schemes<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/#1_Startup_India\" title=\"1. Startup India:\u00a0\">1. Startup India:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/#2_MSME_Schemes\" title=\"2. MSME Schemes:\u00a0\">2. MSME Schemes:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/#3_Make_in_India\" title=\"3. Make in India:\u00a0\">3. Make in India:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/#4_Mudra_Yojana\" title=\"4. Mudra Yojana:\u00a0\">4. Mudra Yojana:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/#5_National_Small_Industries_Corporation_NSIC_Schemes\" title=\"5. National Small Industries Corporation (NSIC) Schemes:\u00a0\">5. National Small Industries Corporation (NSIC) Schemes:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/#6_Atal_Innovation_Mission\" title=\"6. Atal Innovation Mission:\u00a0\">6. Atal Innovation Mission:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/#7_National_Small_Industries_Corporation_NSIC_Schemes\" title=\"7. National Small Industries Corporation (NSIC) Schemes:\u00a0\">7. National Small Industries Corporation (NSIC) Schemes:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/#8_Biotechnology_Ignition_Grant\" title=\"8. Biotechnology Ignition Grant:\u00a0\">8. Biotechnology Ignition Grant:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/#9_Pradhan_Mantri_Employment_Generation_Programme_PMEGP\" title=\"9. Pradhan Mantri Employment Generation Programme (PMEGP):\u00a0\">9. Pradhan Mantri Employment Generation Programme (PMEGP):\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/#10_National_Credit_Guarantee_Trustee_Company_NCGTC\" title=\"10. National Credit Guarantee Trustee Company (NCGTC):\u00a0\">10. National Credit Guarantee Trustee Company (NCGTC):\u00a0<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/#Conclusion\" title=\"Conclusion:\u00a0\">Conclusion:\u00a0<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/#FAQs\" title=\"FAQs\">FAQs<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">These grants provide financial assistance, mentorship, and resources to help entrepreneurs turn their innovative ideas into successful ventures. In this article, we will highlight the top 10 government grants and schemes that Indian entrepreneurs should be aware of.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_does_the_Startup_India_program_work\"><\/span><b>How does the Startup India program work?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400\">The Startup India program is a government initiative aimed at fostering a conducive environment for the growth of startups in India. It was launched to provide a range of benefits and support to entrepreneurs to help them build and scale their businesses. Here&#8217;s how the program works:<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Recognition_and_Registration\"><\/span><b>Recognition and Registration:\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">Startups that meet the eligibility criteria can register themselves on the Startup India portal. To be eligible, a startup should be incorporated as a private limited company, partnership firm, or a limited liability partnership (LLP), and it should be less than 10 years old from its date of incorporation.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Benefits_and_Incentives\"><\/span><b>Benefits and Incentives:\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">Once registered, startups can avail various benefits and incentives offered by the program, including:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><b>Tax Benefits:<\/b><span style=\"font-weight: 400\"> Startups can avail of income tax exemptions for three consecutive assessment years out of their first ten years since incorporation. This exemption is subject to meeting certain conditions.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Faster Patent Examination:<\/b><span style=\"font-weight: 400\"> Startups can avail a fast-track examination of their patent applications to accelerate the process of protecting their intellectual property.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Reduced Regulatory Compliance:<\/b><span style=\"font-weight: 400\"> Startups are eligible for self-certification compliance under labor and environmental laws. This reduces the compliance burden and allows them to focus more on their business operations.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Access to Funding:<\/b><span style=\"font-weight: 400\"> The program facilitates funding access by connecting startups with various funding sources, including government-registered venture capital funds.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Networking and Mentorship:<\/b><span style=\"font-weight: 400\"> Startups gain access to networking events, industry interactions, and mentorship programs that help them connect with experienced entrepreneurs, investors, and industry experts.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Government Procurement: <\/b><span style=\"font-weight: 400\">Startups are given preferential treatment in government procurement, which can provide business opportunities and credibility.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Incubators_and_Accelerators\"><\/span><b>Incubators and Accelerators:\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">The program recognizes and supports incubators and accelerators that help nurture startups. Startups associated with these recognized institutions can benefit from their mentorship, infrastructure, and other resources.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Promotion_of_Innovation\"><\/span><b>Promotion of Innovation:\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">Startup India aims to encourage innovation and entrepreneurship by providing opportunities for startups to showcase their products or services at various national and international platforms.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Monitoring_and_Evaluation\"><\/span><b>Monitoring and Evaluation:\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">The program is monitored and evaluated by designated agencies to ensure that startups are availing the benefits as intended and to gather feedback for improvements.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Periodic_Updates\"><\/span><b>Periodic Updates:\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">The program and its benefits are subject to periodic updates and amendments to align with the evolving needs of the startup ecosystem.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Top_10_Government_Grants_and_Schemes\"><\/span><b>Top 10 Government Grants and Schemes<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><b><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-3273 lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" data-src=\"https:\/\/www.orderz.in\/blog\/wp-content\/uploads\/2023\/08\/Government-Grants-and-Schemes-300x176.png\" alt=\"\" width=\"300\" height=\"176\" data-sizes=\"auto\" data-srcset=\"https:\/\/www.orderz.in\/blog\/wp-content\/uploads\/2023\/08\/Government-Grants-and-Schemes-300x176.png 300w, https:\/\/www.orderz.in\/blog\/wp-content\/uploads\/2023\/08\/Government-Grants-and-Schemes-450x264.png 450w, https:\/\/www.orderz.in\/blog\/wp-content\/uploads\/2023\/08\/Government-Grants-and-Schemes-340x200.png 340w, https:\/\/www.orderz.in\/blog\/wp-content\/uploads\/2023\/08\/Government-Grants-and-Schemes-225x132.png 225w, https:\/\/www.orderz.in\/blog\/wp-content\/uploads\/2023\/08\/Government-Grants-and-Schemes-20x11.png 20w, https:\/\/www.orderz.in\/blog\/wp-content\/uploads\/2023\/08\/Government-Grants-and-Schemes-680x400.png 680w, https:\/\/www.orderz.in\/blog\/wp-content\/uploads\/2023\/08\/Government-Grants-and-Schemes-163x96.png 163w, https:\/\/www.orderz.in\/blog\/wp-content\/uploads\/2023\/08\/Government-Grants-and-Schemes.png 722w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/b><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"1_Startup_India\"><\/span><b>1. Startup India:\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">Launched by the Indian government, Startup India aims to promote and nurture startups across various sectors. This initiative offers benefits such as tax exemptions, funding support through government-registered venture capital funds, and access to networking events and mentorship programs.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_MSME_Schemes\"><\/span><b>2. MSME Schemes:\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">Micro, Small, and Medium Enterprises (MSMEs) play a crucial role in the Indian economy. The government offers several schemes for MSMEs, including credit-linked capital subsidies, technology upgradation support, and market promotion assistance, to enhance their competitiveness.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Make_in_India\"><\/span><b>3. Make in India:\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">The Make in India campaign encourages entrepreneurship by focusing on domestic manufacturing and job creation. The government offers incentives to startups in sectors such as electronics, textiles, and defense manufacturing, promoting the growth of indigenous industries.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Mudra_Yojana\"><\/span><b>4. Mudra Yojana:\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">The Pradhan Mantri Mudra Yojana aims to provide financial assistance to micro and small businesses through loans. It offers three categories of loans: Shishu (up to \u20b950,000), Kishore (\u20b950,001 to \u20b95,00,000), and Tarun (\u20b95,00,001 to \u20b910,00,000), catering to different business needs.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_National_Small_Industries_Corporation_NSIC_Schemes\"><\/span><b>5. National Small Industries Corporation (NSIC) Schemes:\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">NSIC provides various schemes to support MSMEs, including raw material assistance, marketing assistance, credit support, and technology support. These schemes aim to enhance the competitiveness of small businesses.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_Atal_Innovation_Mission\"><\/span><b>6. Atal Innovation Mission:\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">This initiative focuses on fostering innovation and entrepreneurship among students and young entrepreneurs. The program offers grants, mentorship, and resources to promote research, development, and innovation across various domains.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"7_National_Small_Industries_Corporation_NSIC_Schemes\"><\/span><strong>7. National Small Industries Corporation (NSIC) Schemes:\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">NSIC provides various schemes to support MSMEs, including raw material assistance, marketing assistance, credit support, and technology support. These schemes aim to enhance the competitiveness of small businesses.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"8_Biotechnology_Ignition_Grant\"><\/span><b>8. Biotechnology Ignition Grant:\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">For entrepreneurs in the biotechnology sector, the Biotechnology Ignition Grant (BIG) scheme provides early-stage funding to convert innovative ideas into viable business ventures. This grant supports research and development efforts in the biotech industry.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"9_Pradhan_Mantri_Employment_Generation_Programme_PMEGP\"><\/span><b>9. Pradhan Mantri Employment Generation Programme (PMEGP):\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">PMEGP focuses on generating employment opportunities in rural and urban areas by promoting micro-enterprises. It provides financial assistance for setting up new enterprises, thus contributing to both economic growth and job creation.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"10_National_Credit_Guarantee_Trustee_Company_NCGTC\"><\/span><b>10. National Credit Guarantee Trustee Company (NCGTC):\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">To facilitate easy access to credit for startups and MSMEs, NCGTC offers credit guarantee schemes. These schemes aim to minimize the risk for lending institutions, making it easier for entrepreneurs to secure loans for their ventures.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><b>Conclusion:\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400\">The Indian government&#8217;s commitment to fostering entrepreneurship is evident through the various grants and schemes designed to empower startups and small businesses.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">Entrepreneurs should thoroughly research these opportunities and tap into the resources offered by these initiatives to accelerate their business growth and contribute to the country&#8217;s economic development.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h4 style=\"text-align: center\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><b>FAQs<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ol>\n<li><b> What is Startup India, and how can it help my startup?\u00a0<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400\">Startup India is a government initiative to support startups with benefits like tax exemptions, funding access, and mentorship. It can help your startup by reducing financial burdens and providing guidance from experienced mentors.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ol start=\"2\">\n<li><b> What are MSME schemes, and why are they relevant to my small business?\u00a0<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400\">Micro, Small, and Medium Enterprises (MSMEs) schemes offer support such as capital subsidies, technology upgrades, and marketing assistance. These schemes are essential for boosting the competitiveness and growth of your small business.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ol start=\"3\">\n<li><b> How does the Mudra Yojana assist in securing funds for my business?\u00a0<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400\">The Pradhan Mantri Mudra Yojana offers loans at different levels to micro and small businesses. It&#8217;s a reliable source of financing that caters to your business needs, helping you access funds for expansion and operations.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ol start=\"4\">\n<li><b> What benefits can I expect from the Atal Innovation Mission?\u00a0<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400\">The Atal Innovation Mission provides grants and mentorship to encourage innovation and entrepreneurship among young individuals. It&#8217;s an opportunity to turn your creative ideas into practical business solutions with the support of resources and guidance.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ol start=\"5\">\n<li><b> How can the Make in India campaign impact my business venture?\u00a0<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400\">Make in India promotes domestic manufacturing and offers incentives to startups in sectors like electronics and textiles. If your business aligns with these sectors, the campaign can provide resources and incentives for growth and success.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Introduction:\u00a0 As the entrepreneurial ecosystem in India continues to evolve, the government has introduced various grants and schemes to support and encourage budding entrepreneurs.\u00a0 &nbsp; These grants provide financial assistance, mentorship, and resources to help entrepreneurs turn their innovative ideas into successful ventures. In this article, we will highlight the top 10 government grants and&hellip;<\/p>\n","protected":false},"author":4,"featured_media":3353,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[121],"tags":[349,164,348,351,350],"thb-sponsors":[],"class_list":["post-3272","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-10-government-grants-and-schemes","tag-business-in-india","tag-government-schemes-for-entrepreneurs","tag-grants-and-schemes","tag-schemes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>OrderZ - Business<\/title>\n<meta name=\"description\" content=\"Explore essential government grants and schemes for entrepreneurs. 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Find funding and support to boost your business in a competitive market.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/\" \/>\n<meta property=\"og:site_name\" content=\"OrderZ\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/OrderZ.in\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-18T06:07:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-31T10:50:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.orderz.in\/blog\/wp-content\/uploads\/2023\/08\/Top-10-Government-.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1300\" \/>\n\t<meta property=\"og:image:height\" content=\"730\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Vahitha Yasar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@IndiaOrderz\" \/>\n<meta name=\"twitter:site\" content=\"@IndiaOrderz\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Vahitha Yasar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/\"},\"author\":{\"name\":\"Vahitha Yasar\",\"@id\":\"https:\/\/www.orderz.in\/blog\/#\/schema\/person\/209732274cb9c5896943475f2d4172ff\"},\"headline\":\"Top 10 Government Grants and Schemes Every Indian Entrepreneur Should Know\",\"datePublished\":\"2023-08-18T06:07:11+00:00\",\"dateModified\":\"2023-08-31T10:50:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/\"},\"wordCount\":1132,\"publisher\":{\"@id\":\"https:\/\/www.orderz.in\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.orderz.in\/blog\/wp-content\/uploads\/2023\/08\/Top-10-Government-.jpg\",\"keywords\":[\"10 Government Grants and Schemes\",\"business in india\",\"Government Schemes for Entrepreneurs\",\"Grants and Schemes\",\"Schemes\"],\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/\",\"url\":\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/\",\"name\":\"OrderZ - Business\",\"isPartOf\":{\"@id\":\"https:\/\/www.orderz.in\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.orderz.in\/blog\/business\/top-10-government-grants-and-schemes-every-indian-entrepreneur-should-know\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.orderz.in\/blog\/wp-content\/uploads\/2023\/08\/Top-10-Government-.jpg\",\"datePublished\":\"2023-08-18T06:07:11+00:00\",\"dateModified\":\"2023-08-31T10:50:03+00:00\",\"description\":\"Explore essential government grants and schemes for entrepreneurs. 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