The official Stand-Up India portal currently describes bank loans from ₹10 lakh to ₹1 crore for greenfield enterprises, with at least one Scheduled Caste/Scheduled Tribe borrower and one woman borrower per bank branch. For a non-individual enterprise, at least 51% of shareholding and controlling stake must be held by an SC/ST or woman entrepreneur. The activity can cover manufacturing, services, trading or agri-allied enterprise under the scheme’s current framework.
Eligibility checklist
| Gate | Evidence |
|---|---|
| Eligible promoter category | Identity/category documents as applicable |
| Greenfield enterprise | Business history and project description |
| Ownership/control for non-individual entity | Shareholding and control documents |
| Project viability | Cost, margin, cash-flow and repayment model |
| No disqualifying default position | Credit/loan records and lender checks |
Do not confuse scheme eligibility with automatic sanction
Meeting the scheme definition gets you into the appraisal process; the lender still assesses the project, promoter, repayment capacity and documentation. Build a lender-quality project report rather than only an eligibility certificate folder.
Model the complete project cost
Separate land/building, machinery, fit-out, licences, pre-operative expenses and working capital. Show how promoter contribution/margin is funded and how cash flow covers debt service. The official portal describes the facility as a composite loan and currently notes margin-money and guarantee-support features; use the live Stand-Up India portal for current details.
Greenfield means the business activity matters
Do not assume that forming a new company around an old operating business automatically makes the project greenfield. Describe what the new enterprise will actually do and disclose existing promoter business interests accurately.
Use handholding channels where the project file is weak
The Stand-Up ecosystem and MSME resources can help with project preparation and handholding, but no intermediary can guarantee sanction. Never pay an unofficial agent who claims to “reserve” branch quota or release a government loan.
Decision rule: apply when the promoter eligibility, ownership/control, greenfield nature and project cash flow all survive independent checking. Scheme fit without a viable repayment case is not a finance plan.