Source: startupguruz
Bihar has been making significant strides in fostering a robust startup ecosystem through various initiatives, policies, and funding mechanisms.
Bihar Startup Project List
Bihar is home to several innovative startups across diverse sectors. Some notable projects include:
- Medivisor Pvt Ltd (Best Startup of the Year 2024).
- Ved Prabha Aerospace Pvt Ltd (First Runner-up).
- Biro Power Pvt Ltd (Second Runner-up).
- Karekeba Ventures: Focuses on incubating and funding grassroots startups in smaller towns.
Sectors covered:
- Agriculture
- Information Technology
- E-commerce
- Electric Vehicles
- Educational Technology.
Startup Bihar Apply Online
To apply for the Bihar Startup Policy, follow these steps:
- Visit the official website: startup.bihar.gov.in.
- Register by selecting the “Register” option on the homepage.
- Answer 8 out of 10 eligibility questions.
- Fill out the registration form with required details.
- Submit the form and take a printout for reference.
Documents Required:
- Valid Email ID.
- Mobile number linked with Aadhaar.
- Passport-size photo.
- Scanned images of necessary documents.
Startup Bihar Seed Fund
The Bihar government offers interest-free seed funding under its startup policy:
- Up to ₹10 lakh for 10 years.
- Enhanced incentives:
- 5% higher funding for women entrepreneurs.
- 15% higher funding for startups led by SC/ST or differently-abled individuals.
- Additional grants of up to ₹3 lakh for participation in acceleration programs.
Matching loans of up to ₹50 lakh are available if investments are received from registered entities or angel investors.
Startup Bihar Results
Results and awards are announced periodically at events like the Bihar Startup Awards. In 2024:
- Medivisor Pvt Ltd received the Best Startup award.
- Other winners included startups excelling in women’s leadership, agriculture, and technology sectors.
Bihar Startup Loan
The Bihar government provides loans under its startup scheme:
- Interest-free loans of ₹10 lakh for up to ten years as seed money.
- Enhanced incentives for female entrepreneurs (+5%) and SC/ST/differently-abled individuals (+15%).
Can entrepreneurs from other states apply?
No, only startups registered and operating in Bihar are eligible.
How much funding is provided under the scheme?
Seed funding up to ₹10 lakh is provided interest-free for ten years. Additional grants and matching loans are available based on criteria.
Are there special incentives for women entrepreneurs?
Yes, women entrepreneurs receive a 5% higher allocation as seed funding under the policy.
How can I apply online?
Visit startup.bihar.gov.in, register, fill out the application form, and submit it online.
With over 17 years of experience in Sales, Marketing, Team Building, Mentoring, and Client Servicing, Saurabh has built a strong foundation in driving business growth and strategic development.
He is the Founder of Mostech Digicom (formerly known as Mostech Softwares), where he played a pivotal role in establishing the project team from scratch. Over the last decade, he has successfully led the content strategy team, delivering impactful results and helping brands strengthen their digital presence.
Saurabh has recently expanded his expertise by leading two new ventures—IndianSportsBuzz.com and FocusStartup.com—both designed to cater to dynamic industries, providing valuable insights and resources for their respective audiences.
Academically, Saurabh holds a B.Sc. degree in Computer Applications (Hons.) and a Postgraduate degree in Business Management (Marketing). His ability to blend technology, marketing, and business acumen makes him a visionary leader in the digital space.
With his deep industry knowledge and leadership experience, Saurabh continues to drive innovation, mentor teams, and build strategies that create lasting success for businesses.
