With an aim to accelerate and promote local entrepreneurs in the State of Nagaland, the Department of Industries & Commerce has been appointed as the Nodal department to implement the Start-up Policy for the state which will create an enabling environment for start-ups to grow, by ensuring knowledge exchange, capacity building, policy interventions and access to funding.
Start-ups selected under this policy shall be eligible for annual reimbursement of state GST paid in sales of goods for a period of 3 years up to a maximum of INR 5 Lakhs per Start-up per year.
Special efforts will be made to identify women entrepreneur in rural and urban areas and to create awareness on state & centrally sponsored scheme among women. Dedication of 25% funds to promote startups by women entrepreneurs.
Start-ups selected under this policy shall be eligible for digital upgradation subsidy at 50% of capital expenditure for purchase of computers, smart phones, related hardware and software subjected to a ceiling of INR 5 Lakhs per Startup.
Start-ups selected under this policy shall be eligible for 50% rental reimbursement for a maximum period of two years subject to a ceiling of INR 2 lakhs.
