Andhra Pradesh Startup Grant (AP Innovation and Startup Policy 4.0)

Open all year Andhra Pradesh Innovation Society (APIS), ITE&C Department, Government of Andhra Pradesh Andhra Pradesh

Grant

AP IGNITE: ₹2 to 3 lakh. AP BUILD: ₹3 to 5 lakh. Policy cap ₹15 lakh in phases.

What it funds: Phased grant to take a product from idea to viability
Who can apply: Startup registered on the AP Startup One Portal (APIS)
Private limited, LLP or partnership with incorporation and GST in Andhra Pradesh, under 10 years old, turnover never above ₹100 crore
Students can apply through their college innovation cell
Grants from only one AP government department
When you can apply: Open all year
How to apply: Register on AP Startup One and file on its Incentive Application Portal, directly or via RTIH, a spoke or an incubator
Best for: Idea, Prototype stage
Run by: State governments

Andhra Pradesh Startup Interest SubsidyInterest refunded up to 8% on your term loan Open all year
Andhra Pradesh Startup Seed Funding (Equity)Up to ₹50 lakh, on an equity sharing model. Open all year
Andhra Pradesh Startup SGST Reimbursement100% of net SGST paid, for 5 years. Open all year
Andhra Pradesh Startup Go to Market Support (Equity)Up to ₹50 lakh, on an equity sharing model. Open all year
Prime Minister's Employment Generation Programme (PMEGP)15% to 35% of a project up to ₹50 lakh (₹20 lakh for services) Open all year
Promoting Innovations in Individuals, Startups and MSMEs (PRISM)Up to ₹20 lakh (Phase I); up to ₹50 lakh (Phase II) Open all year

Starter opens 30 grants in full. Pro opens every one.

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