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Non-dilutive seed funding, incubation & financial subsidies under Assam Startup Policy 'The Nest'
Idea2POC & Scale-up
Non-dilutive prototype grant
Commercialization matching grant
At 'The Nest' hub Guwahati
Govt of Assam
The Assam Startup Policy is a landmark economic initiative spearheaded by the Department of Industries, Commerce & Public Enterprises, Government of Assam, designed to position Assam as the leading startup destination of Northeast India.
At the core of the policy is 'The Nest', the state-of-the-art marquee startup incubator established in Guwahati and managed in strategic partnership with IIM Calcutta Innovation Park (IIMCIP).
The policy provides a structured multi-stage funding pipeline: from non-dilutive Idea2POC Seed Grants (up to ₹5 Lakhs) for prototyping and early proof-of-concept, to Scale-up Acceleration Grants of up to ₹50 Lakhs for commercialization.
Startups recognized by Assam Startup also benefit from monthly sustenance allowances, 50% office rental reimbursements, 100% patent/trademark filing fee rebates, and direct market linkages with state procurement departments.
Direct non-repayable grant up to ₹5 Lakh to build prototypes, conduct lab testing, and achieve proof of concept.
Matching financial capital and scale-up subsidies up to ₹50 Lakh for market entry, factory setup, and mass production.
World-class incubation, structured Cohort mentorship, and investor demo days run by IIMCIP in Guwahati.
Full reimbursement of statutory and attorney fees for domestic and international intellectual property protection.
50% lease rental subsidy for operating in private co-working hubs or verified incubation spaces in Assam.
Dedicated online portal for fast-track recognition, monthly founder sustenance allowance, and VC pitch access.
DPIIT-recognized Startups incorporated as a Private Limited Company, LLP, or Registered Partnership Firm.
The startup must have its registered corporate office, primary operations, or manufacturing base located in Assam.
Mandatory registration and onboarding on the official Assam Startup portal ('The Nest').
At least 50% of the core workforce employed should be local residents of Assam (for employment-linked subsidy claims).
The venture must be developing an innovative product, service, or technology with high commercialization and job-creation potential.
Open across all sectors with high priority for Agri-Tech, Bamboo/Bio-economy, Handloom/Tea, HealthTech, Tourism, and Clean Energy.
Zero equity dilution seed capital of up to ₹5 Lakh to finance early product development without debt.
Commercialization matching grants up to ₹50 Lakh to expand customer acquisition and production capacity.
Direct mentorship from IIM Calcutta faculty, veteran angel investors, and serial tech entrepreneurs.
Subsidized electricity, internet bandwidth, and up to 50% co-working rental reimbursement.
Exemption from prior turnover and experience criteria in Government of Assam public procurement tenders.
Sponsored participation at national and international startup summits, investor conclaves, and trade expos.
Certificate of Incorporation / Registration (MCA Certificate & MoA/AoA or Registered Partnership Deed).
DPIIT Startup Recognition Certificate & Assam Startup ('The Nest') Portal Registration ID.
Proof of Registered Office / Operational Unit in Assam (Lease deed, Utility bill, or Incubation agreement).
Founder / Directors Identity & Assam Residence Proof (Aadhaar, PAN, Voter ID, PRC Certificate).
Detailed Business Plan & Pitch Deck (Problem statement, technology architecture, market size, milestone timeline).
Detailed Cost Estimates & Grant Utilization Plan for the ₹5L / ₹50L fund.
Audited Financials / Bank Statements for the past 1-2 financial years (if applicable).
Five stages, one record of every startup we've moved forward
Served
0+
Startups nationwide
Save up to 100%
on eligible startup taxes
Satisfaction score
0%
rated by founders we've worked with
Client outcomes
0%
of Technocrat clients reach the interview stage with investors
Certified
0+
Startups registered
Startup India
Certificate
Total disbursed
₹0+ Cr
disbursed to
0+
businesses, and counting
0+
Businesses granted a 3-year tax holiday
Funding
Guide 2025
Director · Shri Giriraj Dharan company
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