State IncentiveDepartment of Industries and Commerce, Government of PunjabVerified 19 May 2026

Punjab Startup and Innovation Fund

The Punjab Startup and Innovation Fund supports early-stage startups in Punjab with fiscal and mentorship resources. It offers seed grants and venture capital investments up to ₹15 lakh, designed to accelerate growth in various sectors.

Maximum amount
₹15.0L
Typical payout
₹3.0L
Processing time
4–8 weeks
Application window
Open year-round

Check if your startup qualifies for Punjab Startup and Innovation Fund

Answer a few questions about your company and get a free, personalised eligibility report across all active government schemes — including Punjab Startup Grant.

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Eligibility criteria

Company type
Private Limited, LLP, One Person Company
Stage
Idea Stage, Pre-Revenue, Early Stage (Revenue < ₹1Cr)
States
Punjab
Sectors
ai, saas, agritech, food_processing, textile, manufacturing, healthtech, edtech, fintech, other
Prerequisites
  • DPIIT Startup India recognition required

Documents required

1
DPIIT Recognition Certificate
Formal recognition from the Department for Promotion of Industry and Internal Trade. Mandatory for application.
Tip: Ensure DPIIT registration is up-to-date and reflects current business operations.
2
Certificate of Incorporation or LLP Registration Certificate
Entity proof for Private Limited Companies or LLPs. Mandatory for application.
Tip: Ensure the entity proof document is correctly registered under the business name.
3
PAN card
Permanent Account Number card mapped to the business entity. Mandatory for application.
Tip: Verify that the PAN card is active and matches the business registration details.
4
State Address Verification
Utility bill, lease deed, or rent agreement confirming headquarters in Punjab. Mandatory for application.
Tip: Ensure address documentation is current and matches the registration address.
5
Aadhaar card
Founder KYC document along with formal photographs and signatures of all directors/partners. Mandatory for application.
Tip: Check that all KYC documents are clear and match legal records.
6
Detailed Business Plan
Structured pitch deck outlining core problem, value proposition, and commercialization strategy. Mandatory for application.
Tip: Highlight innovation elements and include clear financial projections.
7
Certified Shareholding Pattern
Up-to-date document signed by a professional verifying company ownership. Mandatory for application.
Tip: Ensure the shareholding pattern document is certified by an authorized entity.
8
Audited Balance Sheets
Required if the company completed a prior financial year, proving total annual revenue under ₹100 crore. Conditional.
Tip: Keep annual financials audited and accessible for submission if needed.
9
Intellectual Property Certificates
Registration documents for trademarks, patents, or copyrights owned by the startup.
Tip: Maintain all intellectual property documentation updated and legally protected.
10
Proof of Concept Validation
Initial sales invoices, MVP testing data, or past grant utilization histories. Conditional.
Tip: Document all validation stages and keep records of early sales or testing.
11
Incubator Recommendation Letter
Formal sign-off detailing tech-incubation or acceleration validation. Conditional.
Tip: Secure a recommendation letter from your incubator, highlighting your startup's growth.
12
Lease Rental Slips
Required when filing for the Lease Rental Subsidy tier. Conditional.
Tip: Keep rental documentation accessible and up-to-date.

How to apply for Punjab Startup Grant

1
Navigate to the Invest Punjab Investor Registration Portal.Open portal
2
Create an investor profile to generate unique login access.
3
Log in and complete the electronic Common Application Form (CAF) to generate your Project Identification Number (PIN).
4
Select Startup Registration (SR) Form to sync your DPIIT registration status.
5
Open Seed Funding Part - I to log foundational data.
6
Complete Seed Funding Part - II, attach all mandatory documents, and submit your application.

Frequently asked questions

Who is eligible for Punjab Startup Grant?

Punjab Startup Grant is available to Private Limited, LLP, One Person Company companies at the Idea Stage, Pre-Revenue, Early Stage (Revenue < ₹1Cr) stage, across Punjab. DPIIT Startup India recognition is mandatory.

How much funding does Punjab Startup Grant provide?

Punjab Startup Grant provides up to ₹15.0L. Most applicants receive around ₹3.0L.

How long does Punjab Startup Grant approval take?

The typical processing time from submission to disbursement is 4–8 weeks.

Is Punjab Startup Grant currently accepting applications?

Yes, Punjab Startup Grant is currently active and accepting applications. Application window: Open year-round.

Do I need DPIIT recognition to apply for Punjab Startup Grant?

Yes, DPIIT Startup India recognition is mandatory. Register at startupindia.gov.in before applying for Punjab Startup Grant.

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Information is based on publicly available scheme guidelines. Last verified 19 May 2026. Always verify with official sources before applying.