Arunachal Pradesh Entrepreneurship Challenge
About Arunachal Pradesh Entrepreneurship Challenge
The "Arunachal Pradesh Entrepreneurship Development Programme (APEDP)" was launched by Hon'ble Chief Minister Pema Khandu. The APEDP is aimed at “catalyzing an inclusive solution to the motley local challenges by developing a vibrant entrepreneurial ecosystem in the state and facilitating aspiring entrepreneurs with comprehensive support and nurturing,” the DIPR informed in a release. The objective of APEDP is to formulate an inclusive solution to the motley local challenges faced by aspiring entrepreneurs through the development of a vibrant entrepreneurial ecosystem and side-by-side facilitating their entrepreneurial endeavours with comprehensive support and nurturing.
The ‘Arunachal Pradesh Entrepreneurship Challenge (APEC)’ was unveiled by the Department of Finance, Investment and Planning as the first part of the APEDP on the eve of the 74th Independence Day. The APEC will identify, promote, support, and nurture sustainable and locally relevant business ideas and entrepreneurs. After a thorough evaluation and screening of applications, 50 top entrepreneurs will be selected for the Incubation and Pre-Incubation programmes facilitated by the IIM Calcutta Innovation Park. Out of these, the top 10 entrepreneurs will be awarded up to ₹5,00,000 and the next 40 entrepreneurs will be awarded up to ₹4,00,000.
Benefits
- Financial: Top 50 entrepreneurs will be selected for the Incubation and Pre-Incubation programs facilitated by the IIM Calcutta Innovation Park. Out of these, the top 10 entrepreneurs will be awarded up to Rs. 5 lakhs and the next 40 entrepreneurs will be awarded up to Rs. 4 lakhs.1. Government Support: Eligibility to avail of various Government Support Schemes, Grants, Soft Loans & Pilot Opportunities.1. Training & Mentorship: Training & Mentorship through pre-incubation, incubation support, and funding programs conducted by IIM Calcutta Innovation Park (IIMCP).
Who is Eligible
- The applicant should be a resident of Arunachal Pradesh above 18 years of age with principal business units or should have a proposal to set up branches in Arunachal Pradesh or an Arunachali currently working or residing outside the state, but wishes to return back to the state & become an Entrepreneur.
- The applicant should be promised an idea and plan or prototype/working model.
- The applicant should be an Entrepreneur with good communication skills.
- The applicant should be an early-stage venture set up on or after 15 August 2015.
- The applicant should be MSME-registered enterprises.
- The applicant should be an existing entrepreneur in your district.
- The applicant should be a College graduate.
- The applicant should be Self-employed people in innovative businesses.
- The applicant should belong to organized producer groups.
How to Apply
Online
Step 01: Visit the Official Website of Arunachal Pradesh Startup Portal
Step 02: Click on Register Now. It will take you to the Register Page.
Step 03: Then on the Register page click on Register Now.
Step 04: Register by filling in your basic details i:e. Your Name, Contact Number, Email Address, Password, and How did you hear about us? After filling in these details Click on Sign up.
Step 05: Login using the confirmation mail link on your Mail account. After login, you will receive a Congratulation mail
Step 06: Login by typing your mail Id & Password to access the form and submit.
Step 07: After Signing in you will land on the Form page, Answer all the questions with red stars must be answered, fill in all the necessary details, and be as descriptive as possible you can.
Step 08: Click Draft if you want to save an incomplete form & Click Submit if you want to submit the final application.
Documents Required
- Applicant Photograph Passport Size (PNG).
- Aadhaar Card PDF (Both Sides).
- Domicile Certificate (PDF).
- Proposed Project Proposal (PDF).
- Proof of Concept or early-stage revenue generation of products/services to upscale their ventures further.
Who Is Not Eligible
- The business must not be an expansion or extension of an existing business (Including a Family Business)
- The plan/venture should not belong to the following industries: Alcohol, Tobacco, Gambling, Firearms & Explosives.
Frequently Asked Questions
- What is the goal of launching this program?
A primary goal of the program is to inspire the state's youths to become job givers rather than job seekers, who will, in the process, create livelihood opportunities for thousands of others in the state.
- Is this neccessary to have domocile of Arunachal Pradesh to apply for the program?
Yes, it is Necessary To Have a Domicile Of Arunachal Pradesh To Apply For The Program
- What is the Target audience of the program?
The Target audience of the program is the Existing entrepreneurs in your district, MSME registered enterprises, College graduates, Self-employed people into innovative businesses, And Organised producer groups.
- Who cannot apply for the programme?
The business must not be an expansion or extension of an existing business (Including a Family Business) and The plan/venture should not belong to the following industries: Alcohol, Tobacco, Gambling, Firearms & Explosives.
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