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  3. AMRUT-SRIF Business Incubation Scheme 2026
Maharashtra

AMRUT-SRIF Business Incubation Scheme 2026

Sant Gadge Baba Amravati University

About This Scheme

The AMRUT-SRIF Business Incubation Scheme offers a monthly financial assistance of ₹25,000 for 12 months, along with comprehensive incubation support, to innovators and young entrepreneurs in Maharashtra.

The AMRUT-SRIF Business Incubation Scheme, jointly implemented by the Academy of Maharashtra Research, Upliftment and Training (AMRUT), an autonomous institution of the Government of Maharashtra, and the SGBAU Research and Incubation Foundation (SRIF) at Sant Gadge Baba Amravati University, is designed to foster a vibrant entrepreneurial ecosystem within Maharashtra. This initiative aims to identify, nurture, and empower innovators and young entrepreneurs who possess original and innovative business ideas or technologies. The scheme specifically targets individuals willing to start or expand a startup, providing them with crucial financial and non-financial support during their formative stages. By bridging the gap in early-stage funding and offering structured guidance, the program seeks to convert promising ideas into sustainable ventures, contributing to economic growth and job creation in the state.

How to Apply

Rolling basis

Selection Process

  • Applications will undergo a rigorous multi-stage selection process.
  • Initially, submitted applications will be screened to ensure adherence to all eligibility criteria, including residency, age, educational qualifications, family income, and prior funding status.
  • Candidates who successfully pass the initial screening will be invited for subsequent rounds, which may include detailed interviews and pitch presentations.
  • These sessions will allow a selection committee, comprising representatives from AMRUT and SGBAU Research and Incubation Foundation, along with domain experts, to evaluate the originality and viability of the business idea, the applicant's commitment, and their entrepreneurial potential.
  • Final selections will be based on the comprehensive assessment of these factors, ensuring the most promising innovators are inducted into the incubation cohort.

Quick Info

Amount / Funding
Up to ₹3 Lakhs
State / Region
Maharashtra
Ministry / Dept
Sant Gadge Baba Amravati University
Application Window
Rolling
Tags
GrantEquity-freeNon-repayableIdeaProductRevenue