Odisha Startup Policy - Monthly Allowance

Last checked 11 Oct 2026 against the official scheme page. Terms and dates can change, so confirm on the official site before you apply.

Rs 20,000 per month for 1 year (Rs 22,000 if founders are women, transgender or SC/ST/SEBC/PH with at least 50% equity)

Funding available

Rs 20,000 a month for a year to startups that show traction such as AIF/angel equity, a patent, government funding or revenue run-rate.

Eligibility Criteria

Startups recognised under Startup Odisha meeting one of: Rs 5 lakh-1 crore AIF/angel equity, published patent, government sanction, or Rs 50,000-10 lakh monthly revenue.

What You Get

Monthly allowance for 12 months

Similar Schemes

Startup Qatar

Startup Qatar Investment Program

Up to $1.1M (START track) or $5.5M (GROW track)

PRISM

PRISM - Promoting Innovations in Individuals, Start-ups and MSMEs

Phase I up to Rs 2 lakh (Cat I) or Rs 20 lakh (Cat II); Phase II up to Rs 50 lakh

SPARSH

SPARSH Social Innovation Programme

Grant-in-aid up to Rs 50 lakh for up to 18 months

Apply on the official government portal

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Quick Facts

Governing Body: Department of MSME / Startup Odisha, Government of Odisha
Ministry / Dept: State
Level: Odisha
Status: Ongoing

Startup Stage

ValidationEarly Revenue