TRAINING
Technology/ Service/ Business platform-based ideas will be provided a stipend for two months for training cum internship
FINANCIAL SUPPORT
Selected RKVY-RAFTAAR interns after successful completion of training cum internship will be provided idea/pre-seed stage seed money as 90 percent grant up to a maximum of Rs. 5 lakhs through R-ABIs to convert their idea/proof of concept into prototype/ product
INCUBATION
Incubation Facility after selection by R-ABI Incubation Committee
Not more than 5 years must have elapsed since incorporation
All business startup in India that have been incorporated in the past five years from the effective date of policy will be eligible under this scheme. Simply, all businesses incorporated or registered after February 15, 2011 are eligible to participate in this government startup scheme.
Annual turnover of the start-up is not more Rs. 25 crores
To be eligible startup under this scheme, it must not have an annual turnover of more than Rs. 25 crores in any of the past 5 years since its incorporation.