Incubation Scheme
SC Entrepreneur Funding
SC Entrepreneur Funding – Growth Capital for Scheduled Caste Entrepreneurs The SC Entrepreneur Funding Scheme is a Government of India initiative under the Ministry of Social Justice and Empowerment, designed to promote entrepreneurship and provide growth capital to eligible Scheduled Caste entrepreneurs. The scheme supports businesses operating in manufacturing, services and allied sectors, with financial assistance available through equity investment, debt or convertible instruments, depending on the requirements and structure of the business. Funding Highlights Funding Range: ₹10 Lakh to ₹15 Crore Maximum Funding: Up to ₹15 Crore Funding Type: Equity, Debt or Convertible Instruments Focus: Entrepreneurship, innovation and business expansion Target Beneficiaries: Scheduled Caste entrepreneurs Sectors: Manufacturing, Services and Allied Sectors Who Can Apply? The funding can be suitable for: Startups at Idea, Product or Revenue stage MSMEs & Enterprises operating in manufacturing, services or allied sectors Innovative & Technology-Driven Businesses Scalable and technology-led business models Entrepreneurs looking to expand operations and create employment Key Eligibility Criteria For funding up to ₹50 Lakh: Minimum 51% SC shareholding for the preceding 6 months with management control; or A new company with at least 51% SC shareholding and 6 months of operations. For funding above ₹50 Lakh: Minimum 51% SC shareholding for the preceding 12 months with management control; or A new company with at least 51% SC shareholding and 12 months of operations. Technology-oriented innovative projects: Projects should have minimum 51% SC shareholding. Projects may be supported through recognised incubation centres, patents/copyrights, or projects sanctioned by Government of India departments. Documentary Proof: Appropriate documentary proof of SC status is required. Why Consider This Funding? Access to Growth Capital: Funding support of up to ₹15 Crore for business expansion. Flexible Funding Structure: Equity, debt or convertible instruments based on business requirements. Support for Innovation: Encourages technology-driven and innovative business models. Business Growth & Employment: Promotes entrepreneurship and job creation within the SC/ST community.
SC Entrepreneur Funding – Growth Capital for Scheduled Caste Entrepreneurs
The SC Entrepreneur Funding Scheme is a Government of India initiative under the Ministry of Social Justice and Empowerment, designed to promote entrepreneurship and provide growth capital to eligible Scheduled Caste entrepreneurs.
The scheme supports businesses operating in manufacturing, services and allied sectors, with financial assistance available through equity investment, debt or convertible instruments, depending on the requirements and structure of the business.
Funding Highlights
Funding Range: ₹10 Lakh to ₹15 Crore
Maximum Funding: Up to ₹15 Crore
Funding Type: Equity, Debt or Convertible Instruments
Focus: Entrepreneurship, innovation and business expansion
Target Beneficiaries: Scheduled Caste entrepreneurs
Sectors: Manufacturing, Services and Allied Sectors
Who Can Apply?
The funding can be suitable for:
Startups at Idea, Product or Revenue stage
MSMEs & Enterprises operating in manufacturing, services or allied sectors
Innovative & Technology-Driven Businesses
Scalable and technology-led business models
Entrepreneurs looking to expand operations and create employment
Key Eligibility Criteria
For funding up to ₹50 Lakh:
Minimum 51% SC shareholding for the preceding 6 months with management control; or
A new company with at least 51% SC shareholding and 6 months of operations.
For funding above ₹50 Lakh:
Minimum 51% SC shareholding for the preceding 12 months with management control; or
A new company with at least 51% SC shareholding and 12 months of operations.
Technology-oriented innovative projects:
Projects should have minimum 51% SC shareholding.
Projects may be supported through recognised incubation centres, patents/copyrights, or projects sanctioned by Government of India departments.
Documentary Proof:
Appropriate documentary proof of SC status is required.
Why Consider This Funding?
Access to Growth Capital: Funding support of up to ₹15 Crore for business expansion.
Flexible Funding Structure: Equity, debt or convertible instruments based on business requirements.
Support for Innovation: Encourages technology-driven and innovative business models.
Business Growth & Employment: Promotes entrepreneurship and job creation within the SC/ST community.
Our Process
From idea to execution, with clarity at every step
A practical, founder-friendly journey designed around your eligibility, documents and goals.
Understand
We learn about your venture, goals and current stage.
Assess
We review eligibility, opportunity and the right incubation route.
Prepare
We organise the application, business information and supporting documents.
Support
We guide submission, respond to requirements and follow up through the process.
Frequently Asked Questions
Incubation support, explained clearly
What does incubation support include?
We help founders understand the opportunity, assess eligibility, prepare supporting information, organise documents and stay on track during submission and follow-up.
Do I need an established business to apply?
Requirements differ by programme and founder stage. We review your idea, entity status and documents first, then explain the most suitable route.
Will FinGrow guarantee approval?
No. Approval is decided by the relevant authority or incubator. Our role is to improve clarity, readiness and process discipline.
Eligibility
Eligibility details can be reviewed by our advisory team based on your profile.
Benefits
Guidance on applicable benefits, subsidy support and documentation readiness.
Required Documents
Document requirements vary by scheme. Our team will share a precise checklist during consultation.
Send Scheme Inquiry
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