Startup Odisha Monthly Allowance Scheme

The Startup Odisha Monthly Allowance Scheme offers a non-repayable monthly sustenance allowance of up to ₹22,000 for one year to recognized startups in Odisha, supporting early-stage growth and innovation.

The Startup Odisha Monthly Allowance Scheme is a flagship initiative by the Government of Odisha, designed to provide crucial financial support to innovative startups operating within the state. Recognizing the initial challenges faced by budding entrepreneurs, this scheme aims to offer a regular sustenance allowance, enabling founders to focus on product development, market penetration, and business scaling without immediate financial strain. By fostering a supportive ecosystem, the scheme contributes to Odisha's vision of becoming a leading startup hub, encouraging job creation, innovation, and economic diversification. It specifically targets recognized startup entities that have demonstrated early traction either through external funding, intellectual property creation, or consistent revenue growth, ensuring that support reaches promising ventures. This non-repayable grant is a testament to the state's commitment to nurturing its entrepreneurial talent and strengthening the local startup ecosystem.