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Home › Govt. Schemes › Meghalaya Mukhyamantri Udhyami Yojana

entrepreneurship startup youth Meghalaya

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Meghalaya Mukhyamantri Udhyami Yojana

Meghalaya Commerce & Industries

Entrepreneurship development scheme for youth in Meghalaya with financial support and mentoring.

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Overview & About

Entrepreneurship development scheme for youth in Meghalaya with financial support and mentoring.

Meghalaya Mukhyamantri Udhyami Yojana is a flagship scheme to nurture the entrepreneurial ecosystem in the state. It provides startup capital, mentorship, and incubation support to young entrepreneurs in Meghalaya, particularly in agri-business, tourism, handicrafts, and IT sectors.

⚡ Key Facts

State Meghalaya

Grant Up to ₹5,00,000

Loan Up to ₹10,00,000 @ 4%

Age Limit 18–35 years

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Benefits

Startup grant up to ₹5,00,000 (non-repayable)
Soft loan up to ₹10,00,000 at 4% interest
Free business development training (6 weeks)
Incubation space for 1 year
Market linkage support
Mentorship by industry experts

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Eligibility Criteria

Age 18–35 years, resident of Meghalaya
Minimum Class 10 passed
Must have viable business idea
Priority to first-generation entrepreneurs

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Required Documents

Aadhaar card, Educational certificate, Detailed project report, Business plan, Residence certificate, Bank account

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How to Apply

1

Register at Meghalaya Basin Development Authority website

2

Submit business plan / project report

3

Appear for screening by expert committee

4

Complete training program

5

Receive grant/loan disbursement

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Frequently Asked Questions

Is the grant amount repayable? ▾

No, the grant component up to ₹5 lakh is non-repayable. Only the loan portion needs to be repaid.

Which sectors are preferred? ▾

Agri-business, tourism, handicrafts, bamboo products, and IT/digital services are given priority.

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Overview & About Benefits Eligibility Documents How to Apply FAQs

Quick Facts

State Meghalaya

Grant Up to ₹5,00,000

Loan Up to ₹10,00,000 @ 4%

Age Limit 18–35 years

Need Help?

For queries, visit the official ministry website or call the helpline.

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