Arunachal Pradesh Entrepreneurship Challenge
APEC will identify, promote, support, and nurture sustainable and locally relevant business ideas and entrepreneurs. The top 10 entrepreneurs selected for the Incubation & Pre-Incubation programmes facilitated by the IIM Calcutta Innovation Park will be awarded up to ₹5,00,000.
About the Arunachal Pradesh Entrepreneurship Challenge Scheme
The "Arunachal Pradesh Entrepreneurship Development Programme (APEDP)" was launched by Hon'ble Chief Minister Pema Khandu. The APEDP is aimed at “catalyzing an inclusive solution to the motley local challenges by developing a vibrant entrepreneurial ecosystem in the state and facilitating aspiring entrepreneurs with comprehensive support and nurturing,” the DIPR informed in a release. The objective of APEDP is to formulate an inclusive solution to the motley local challenges faced by aspiring entrepreneurs through the development of a vibrant entrepreneurial ecosystem and side-by-side facilitating their entrepreneurial endeavours with comprehensive support and nurturing.
<br>
The ‘Arunachal Pradesh Entrepreneurship Challenge (APEC)’ was unveiled by the Department of Finance, Investment and Planning as the first part of the APEDP on the eve of the 74th Independence Day. The APEC will identify, promote, support, and nurture sustainable and locally relevant business ideas and entrepreneurs. After a thorough evaluation and screening of applications, 50 top entrepreneurs will be selected for the Incubation and Pre-Incubation programmes facilitated by the IIM Calcutta Innovation Park. Out of these, the top 10 entrepreneurs will be awarded up to ₹5,00,000 and the next 40 entrepreneurs will be awarded up to ₹4,00,000.
Benefits
- Financial: Top 50 entrepreneurs will be selected for the Incubation and Pre-Incubation programs facilitated by the IIM Calcutta Innovation Park. Out of these, the top 10 entrepreneurs will be awarded up to Rs. 5 lakhs and the next 40 entrepreneurs will be awarded up to Rs. 4 lakhs.1. Government Support: Eligibility to avail of various Government Support Schemes, Grants, Soft Loans & Pilot Opportunities.1. Training & Mentorship: Training & Mentorship through pre-incubation, incubation support, and funding programs conducted by IIM Calcutta Innovation Park (IIMCP).
Eligibility Criteria
- The applicant should be a resident of Arunachal Pradesh above 18 years of age with principal business units or should have a proposal to set up branches in Arunachal Pradesh or an Arunachali currently working or residing outside the state, but wishes to return back to the state & become an Entrepreneur.
- The applicant should be promised an idea and plan or prototype/working model.
- The applicant should be an Entrepreneur with good communication skills.
- The applicant should be an early-stage venture set up on or after 15 August 2015.
- The applicant should be MSME-registered enterprises.
- The applicant should be an existing entrepreneur in your district.
- The applicant should be a College graduate.
- The applicant should be Self-employed people in innovative businesses.
- The applicant should belong to organized producer groups.
<br>
How to Apply for Arunachal Pradesh Entrepreneurship Challenge
Application mode: Online
Step 01: Visit the Official Website of Arunachal Pradesh Startup Portal
Step 02: Click on Register Now. It will take you to the Register Page.
Step 03: Then on the Register page click on Register Now.
Step 04: Register by filling in your basic details i:e. Your Name, Contact Number, Email Address, Password, and How did you hear about us? After filling in these details Click on Sign up.
Step 05: Login using the confirmation mail link on your Mail account. After login, you will receive a Congratulation mail
Step 06: Login by typing your mail Id & Password to access the form and submit.
Step 07: After Signing in you will land on the Form page, Answer all the questions with red stars must be answered, fill in all the necessary details, and be as descriptive as possible you can.
Step 08: Click Draft if you want to save an incomplete form & Click Submit if you want to submit the final application.
Exclusions
- The business must not be an expansion or extension of an existing business (Including a Family Business)
- The plan/venture should not belong to the following industries: Alcohol, Tobacco, Gambling, Firearms & Explosives.
Frequently Asked Questions
What is the Arunachal Pradesh Entrepreneurship Challenge scheme?
The &quot;Arunachal Pradesh Entrepreneurship Development Programme (APEDP)&quot; was launched by Hon&39;ble Chief Minister Pema Khandu. The APEDP is aimed at “catalyzing an inclusive solution to the motley local challenges by developing a vibrant entrepreneurial ecos…
Who is eligible for Arunachal Pradesh Entrepreneurship Challenge?
The applicant should be a resident of Arunachal Pradesh above 18 years of age with principal business units or should have a proposal to set up branches in Arunachal Pradesh or an Arunachali currently working or residing outside the state, but wishes to return back to the state & become an Entr…
What benefits does Arunachal Pradesh Entrepreneurship Challenge provide?
Financial: Top 50 entrepreneurs will be selected for the Incubation and Pre-Incubation programs facilitated by the IIM Calcutta Innovation Park. Out of these, the top 10 entrepreneurs will be awarded up to Rs. 5 lakhs and the next 40 entrepreneurs will be awarded up to Rs. 4 lakhs.1. Government Sup…
How can I apply for Arunachal Pradesh Entrepreneurship Challenge?
Step 01: Visit the Official Website of Arunachal Pradesh Startup Portal Step 02: Click on Register Now. It will take you to the Register Page. Step 03: Then on the Register page click on Register Now. Step 04: Register by filling in your basic details i:e. Your Name, Contact Number, Email Address,…
Source: official scheme details published on the Government of India's myScheme portal. Always verify eligibility and deadlines on the official portal before applying. Scheme rules can change.
Related Government Schemes
Consortia & Tender Marketing Scheme
The scheme aims to facilitate Micro and Small Enterprises (MSEs) in marketing their products and services through individual or collective participation in tenders via consortia. It helps MSEs secure bulk orders, improve competitiveness, and access government procurement opportunities.
Incentive Scheme for MSMEs in Powerloom Sector: State Capital Investment Subsidy
“State Capital Investment Subsidy” incentives under “Incentive Scheme for MSMEs in Powerloom Sector” scheme implemented by the Dept. of MSME & T, Government of West Bengal, aims to provide subsidy of the fixed capital investment made for its approved project.
Khadi Gramodyog Vikas Yojana: Khadi Vikas Yojana
The scheme aims to increase productivity and wages of Khadi artisans, improve production infrastructure, boost employment and sales, revive traditional rural skills, modernize sales outlets, and promote marketing and exports.
The West Bengal Incentive Scheme: Additional Incentive for Adventure Tour Operators
“Additional Incentive for Adventure Tour Operators” incentives under the “WBIS” scheme by the Dept. of Tourism, Government of West Bengal, aims to provide reimbursement incentives with SGST payments for purchasing tents, dinghies, adventure & sports equipment, and related accessories.
The West Bengal Incentive Scheme: Additional Incentive on Generation of Employment
“Additional Incentive on Generation of Employment” incentives under “The West Bengal Incentive Scheme” scheme by the Dept. of Tourism, Government of West Bengal, aims to provide reimbursement of expenditure incurred for paying contribution towards ESI and EPF.
The West Bengal Incentive Scheme: Capacity Utilisation
“Capacity Utilisation” incentives under the “The West Bengal Incentive Scheme” implemented by the Dept. of Tourism, Government of West Bengal, aims to provide additional Floor Area Ratio (FAR) over and above the maximum permissible FAR as may be fixed by the competent authority.