Start-ups selected under this policy shall be eligible for a one time reimbursement of State GST paid in sales of goods and services up to a maximum of INR. 1.5 lakhs per Start-up.
Start-ups selected under this policy shall be eligible for 100% reimbursement of Stamp Duty/Registration Fee/ Conversion Fee on sale/lease deeds for first transaction.
Start-ups selected under this policy shall be eligible for a one time digital up gradation subsidy at 50% of capital expenditure for purchase of computers, smart phones, related hardware and software, Broadband connectivity up to a maximum ceiling of INR 2.00 lakh only.
Start-ups selected under this policy shall be eligible for power subsidy @ 50% subject to a limit of INR. 2 lakhs for a period of 2 years.
Start-ups selected under this policy shall be eligible for reimbursement up to 100% of the actual cost (including filing fees, attorney fees, search fees, maintenance fees) for patent filing with a maximum limit of INR 1 lakhs for filing domestic patent. This reimbursement shall be payable 50% after the patent is filed and the balance 50% after the patent has been granted.
Start-ups selected under this policy shall be eligible for reimbursement of 50% of the actual marketing and promotion costs (including travel) incurred by a Startup in listing fees for online and offline advertisements, in store promotions, publishing or digital marketing materials, trade show participation, market research, etc subject to maximum of INR 1 lakhs per Start-Up.
In line with the Ease of doing Business initiative,the Department will facilitate and work with Line Departments to ease regulations to avail Government licenses and services.
The State Government will encourage participation of Startups in public procurement by waiving off prior experience or turnover requirements so long as the product meets the desired specifications and encourage consortium of eligible companies with start-ups in bidding for State Government projects which will bring in the element of innovation and new ideas.
The Department will organize Business Compliance workshops and Exposure trips for Incubators and Startups to gain knowledge on other States that are thriving in the Startup ecosystem.
Start-ups selected under this policy shall be eligible for incentives/provisions under Nagaland Industrial and Investment Policy in force. However, the incentive for the same component cannot be claim from more than one scheme.