Incubation Scheme
SC Entrepreneur Scheme – National SC-ST Hub
The SC Entrepreneur Scheme is a Government of India initiative supporting Scheduled Caste entrepreneurs through financial assistance via equity, debt or convertible instruments, with funding support ranging from ₹10 lakh to ₹15 crore.
SC Entrepreneur Scheme is a Government of India initiative under the Ministry of Social Justice and Empowerment aimed at promoting entrepreneurship and business growth among Scheduled Caste entrepreneurs.
The scheme provides financial assistance through debt, convertible instruments or equity investment to eligible SC-owned businesses operating in manufacturing, services and allied sectors.
Funding Support
The funding range highlighted for the scheme is ₹10 lakh to ₹15 crore, depending on the nature, stage and requirements of the eligible business and applicable scheme conditions.
Who Can Apply?
The scheme is designed to support:
Startups at idea, product or revenue stage
MSMEs and established enterprises
Businesses operating in manufacturing, services and allied sectors
Innovative and technology-driven businesses
Scalable businesses with growth potential
Key Eligibility Conditions
For funding up to ₹50 lakh:
Minimum 51% SC shareholding for the preceding 6 months with management control; or
A new company with minimum 51% SC shareholding and at least 6 months of operation.
For funding above ₹50 lakh:
Minimum 51% SC shareholding for the preceding 12 months with management control; or
A new company with minimum 51% SC shareholding and at least 12 months of operation.
Technology-oriented innovative projects may also qualify where the business has 51% SC shareholding and is supported by eligible incubation centres such as IITs/NITs, has relevant patents/copyrights, or has projects sanctioned by Government of India departments, subject to applicable conditions.
Applicants are required to provide documentary proof of SC status as applicable.
Why Consider This Scheme?
Access to Growth Capital
Funding support can help eligible SC entrepreneurs scale operations, expand capacity and pursue growth opportunities.
Flexible Funding Structure
Financial assistance may be structured through equity, debt or convertible instruments, depending on applicable requirements.
Support for Innovation
The scheme encourages technology-oriented and innovative business models.
Entrepreneurship & Employment
The initiative aims to promote entrepreneurship and contribute to business development and employment generation within the SC/ST ecosystem.
FinGrow Consultancy Support
FinGrow Consultancy Services can assist eligible businesses with:
Eligibility assessment
Funding strategy and scheme mapping
Proposal and pitch preparation
Financial projections
Documentation and compliance support
Application submission
Application follow-up and funding assistance
Build. Fund. Scale. Grow with Strategic Funding Support.
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
Need help with SC Entrepreneur Scheme – National SC-ST Hub?
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