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For the local start-ups Assam government gives Rs 3.3 crore

start up

Guwahati, 9 June – The Assam government released Rs. 3.29 crore grant for 31 startups of the state who had applied for financial benefits after qualifying for the My Assam Startup ID (MASI) under the Assam Startup Policy 2017.
Assam Chief Minister Sarbananda Sonowal handed over the cheques to the startups by Assam Chief Minister Sarbananda Sonowal during a program held at Assam Startup- The Nest on Sunday.

UDYAM ASSAM, the Sunday’s program was held to commemorate the success of Assam Startup and encourage the startups. The 31 startups selected for receiving the financial benefits in the first phase have been part of the incubation batches, Cohort 1.0 and 2.0, at Assam Startup – The Nest.

The government of Assam introduced My Assam Startup ID (MASI) under the Assam Startup Policy 2017, Towards helping the innovative startups of Assam with financial aid, Private limited startup companies, LLPs, and registered partnership firms from Assam that aren’t older than 7 years with annual turnover not exceeding Rs 25 crores and offering innovative or developmental products/services are eligible to apply for MASI.
The selected startups are working in diverse sectors, viz., deep tech, ICT, manufacturing, tourism, food and agri-tech, education, healthcare, automobile, and livelihood, among others.
Some of the startups who have received the grant are – Automovill Technologies, Parking Rhino, My3D Selfie, Little Machines, Defence and Space Robotics Laboratory, Tholua Pratisthan, Stackcell Reality Technologies, Agrithink, North East Farm Sales Promotion, B & R Riverbourne, All Pro Auto Consultants, Qwkpro Consultancy, Let’s Learn Together, Ruloi Tea, North East Guide, and Aranyak Valley, among others.

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Written by admin

A multimedia journalist based out of Guwahati, covering public policy, healthcare, and social issues.

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