🚀 Jharkhand Startup Policy 2023: Unlock ₹25 Lakh Funding + Tax Benefits for Young Entrepreneurs!

🚀 Jharkhand Startup Policy 2023: Unlock ₹25 Lakh Funding + 3-Year Tax Holiday

Build and scale faster with funding, mentorship, and infrastructure support for Jharkhand founders.

Are you a Jharkhand entrepreneur or startup aspirant looking for government support? The Jharkhand Startup Policy 2023 is here to turn innovative ideas into businesses with seed funding up to ₹25 lakh, expert mentorship, incubation spaces, and tax benefits.

Eligibility Criteria

To benefit from the policy, startups must meet these criteria:

• Registered in Jharkhand

• Entity age: Less than 10 years since incorporation

• Annual turnover: Not exceeding ₹100 crore

• Innovation: Product/service or process shows novelty

• Founder domicile: At least one co‑founder from Jharkhand

Priority for women and SC/ST entrepreneurs

Key Benefits

• Seed Funding: Up to ₹25 lakh for eligible startups

• Tax Holiday: 3 years income tax exemption

• Subsidies & Grants: Patent fees, office rent reimbursements

• Mentorship & Training: Access to expert advisors and programs

• Incubation & Co‑working: Seats in incubation centres and tech parks

Networking: Investor connects and events

How to Apply (Step‑by‑Step)

1. 1. Visit the Jharkhand Government Portal

1. 1. Register your startup on the Startup India Portal

Fill the online application form
Upload documents: Incorporation Certificate, Aadhaar, Business Plan, GST/Bank statements
Submit and track your application online
Await verification and approval

“This policy is a game‑changer — combining funding, mentorship, and infrastructure so Jharkhand founders scale faster.”

Mission Targets by 2028

• 1,000+ startups supported

• 10,000+ jobs created

• 15+ incubation centres established

• ₹5,000+ crore economic value generated

Focus on tribal, youth, and women entrepreneurship

Important Links & Resources

• • • Official Jharkhand Portal – https://jharkhand.gov.in

   

  • • Startup India – https://startupindia.gov.in

   

  • • Department of Industries, Jharkhand – https://jharkhandindustry.gov.in

   

  • PIB – https://pib.gov.in
  • Official PDF – Jharkhand Startup Policy 2023: Download PDF

Jharkhand Startup Policy 2023 – MCQs

1. What is the maximum seed funding available under the Jharkhand Startup Policy 2023?
   A) ₹10 lakh
   B) ₹15 lakh
   C) ₹25 lakh
   D) ₹40 lakh
   Explanation: The policy provides seed funding support up to ₹25 lakh.
2. For how many years is the income tax holiday provided to eligible startups?
   A) 1 year
   B) 2 years
   C) 3 years
   D) 5 years
   Explanation: The policy mentions a 3-year income tax exemption window.
3. Which government is the nodal authority for implementing the policy?
   A) Government of India
   B) NITI Aayog
   C) Government of Jharkhand
   D) RBI
   Explanation: The policy is issued and implemented by the Government of Jharkhand.
4. What is the maximum age of the entity to qualify as a startup?
   A) 3 years
   B) 5 years
   C) 10 years
   D) 12 years
   Explanation: As per DPIIT/Startup India norms adopted by states, entity age must be under 10 years.
5. What is the turnover cap for eligibility under the policy?
   A) ₹25 crore
   B) ₹50 crore
   C) ₹75 crore
   D) ₹100 crore
   Explanation: The annual turnover must not exceed ₹100 crore.
6. Which of the following is NOT listed as a key benefit?
   A) Patent fee reimbursements
   B) Office rent subsidies
   C) Export duty waiver
   D) Mentorship and training
   Explanation: Export duty waiver is not mentioned; others are included in the benefits.
7. Which platform should startups register on as part of the application process?
   A) GEM Portal
   B) MSME Samadhaan
   C) Startup India
   D) Invest India Connect
   Explanation: Registration on the Startup India portal is a step in the process.
8. Which sector is NOT explicitly listed as a priority?
   A) IT
   B) Agriculture
   C) Healthcare
   D) Mining Services
   Explanation: The post highlights IT, Agriculture, Healthcare, Education, Manufacturing.
9. By 2028, how many startups does the policy aim to support?
   A) 200+
   B) 500+
   C) 1,000+
   D) 5,000+
   Explanation: Mission targets include supporting over 1,000 startups by 2028.
10. Which entrepreneurs receive additional priority under the policy?
    A) NRIs only
    B) Ex-servicemen only
    C) Women and SC/ST entrepreneurs
    D) Only students
    Explanation: The policy prioritizes women and SC/ST founders.
11. Which document is specifically cited as required during application?
    A) Import-Export Code (IEC)
    B) Certificate of Incorporation
    C) Trademark Certificate
    D) Agri-license
    Explanation: The required uploads include Incorporation Certificate among others.

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