Amendment status not verified — confirm the current text below against the official source.
Application Process and Certification of Start-ups a. The Start-ups shall submit their application online along with detailed description of idea in the prescribed form through the Online Start-up Portal. b. Online applications received shall be scrutinized and processed by SSU. The SSUwill short list the eligible start-ups as per criterion approved by the Start Up Fund Trust. The SSU will also provide hand holding support to the Start-up applicants to improve their proposals. c. The short-listed applications. will be approved by the "Preliminary Scrutiny committee" headed by Director to be notified by the Department of Industries for referring them to the incubators. d. After preliminary examination the shortlisted applications shall be tagged to the Incubators. The Incubators will provide hand-holding support and after the incubation process shall prepare a proposal for Start-upon the following issues: i. Business Plan ii. The amount of funding assistance required at various stages iii. Any requirement of common infrastructure or other infrastructure created under this policy iv. Any assistance as envisaged under this policy e. The list of such recommendations/proposals received from incubators shall be evaluated by the Third Party Agency (TPA) and a rating will be provided as per the approved rating criterion. f. Start-up Monitoring and Implementation Committee (SMIC) shall examine these recommendations and certify Start-ups as per the rating criterion. g. Financial incentives and other support shall be provided to start-ups based on their cateqonzation through rating mechanism. The detailed guidelines in this regard will be finalized with approval of BSFT. 6