Meghalaya Any Business Venture Scheme
in Meghalaya
Last updated:
Meghalaya Any Business Venture Scheme in Meghalaya
Meghalaya Any Business Venture Scheme is a government scheme available to eligible residents of Meghalaya.
Apply for Meghalaya Any Business Venture Scheme in Meghalaya
Scheme Overview
The Meghalaya Any Business Ventures Scheme, part of the Chief Minister’s CM-ELEVATE Program, provides financial support to 50 entrepreneurs across the state to start their own businesses.
Eligibility Criteria
**Eligibility Criteria – Individuals**
The applicant should be between 18 and 58 years of age.
The applicant and all partners involved in the proposal should be residents of the state of Meghalaya, and valid identification documents demonstrating residency should be submitted.
The applicant should provide proof of relevant experience in the field related to the proposed project; fresh applicants without demonstrated experience should not be considered.
The applicant should provide proof of land ownership or a valid lease agreement for the proposed establishment.
The applicant should demonstrate commitment to the project by providing proof of the required contributing share, including financial contributions, resources, or any other form of investment outlined.
The applicant should commit to employing local residents in accordance with the funds received and the type of unit being established.
**Eligibility Criteria – Registered Entities**
The applicant (authorized representative/partners) should be between 18 and 58 years of age.
All partners involved in the proposal should be residents of the state of Meghalaya, and valid identification documents demonstrating residency should be submitted.
The applicant should provide proof of relevant experience in the field related to the proposed project; fresh applicants without demonstrated experience should not be considered.
The applicant should provide proof of land ownership or a valid lease agreement for the proposed establishment.
The applicant should demonstrate commitment to the project by providing proof of the required contributing share, including financial contributions, resources, or any other form of investment outlined.
The applicant should commit to employing local residents in accordance with the funds received and the type of unit being established.
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Benefits
25% upfront subsidy (max ₹12.5 lakhs) by Government of Meghalaya
Up to ₹5 lakhs EMI support (10% of project cost)
Loan up to 70% of project cost via MCAB, SBI, HDFC, etc
15-year loan term with 18-month moratorium
Mentorship and coaching via PRIME
Support for business registration if required
Required Documents
| # | Document |
|---|---|
| 1 | **Individuals** |
| 2 | Proof of Address of Applicant (Voter ID/Passport/Driving License) |
| 3 | Ration Card (If available) |
| 4 | Self Declaration[ Download](https://www.cmconnectadmin.meghalaya.gov.in/CMEA/Agro_Tourism_Villa_Scheme/SDCI.pdf) |
| 5 | Detailed Project Report (DPR) [Download](https://www.cmconnectadmin.meghalaya.gov.in/CMEA/Any_Business_Venture_Scheme/DPR.pdf) |
| 6 | Land ownership or notarized lease certificate (if applicable) [Download](https://www.cmconnectadmin.meghalaya.gov.in/CMEA/Agro_Tourism_Villa_Scheme/LAC.pdf) |
| 7 | **Registered Entities** |
| 8 | Self Declaration[ Download](https://dcs.humanitics.com/cmElevate/Any_Business_Venture_Scheme/SDC.pdf) |
| 9 | Ration Card (If available) |
| 10 | Proof of Address of the President/Secretary(Voter ID/Passport/Driving License) |
| 11 | Incorporation Certificate or Registration Certificate |
| 12 | Land ownership or notarized lease certificate (if applicable) [Download](https://dcs.humanitics.com/cmElevate/Any_Business_Venture_Scheme/LAC.pdf) |
| 13 | Detailed Project Report (DPR) [Download](https://dcs.humanitics.com/cmElevate/Any_Business_Venture_Scheme/DPR.pdf) |
| 14 | <br> |
How to Apply in Meghalaya
Citizen Registration for Member ID
Online Citizen Registration for Member ID
Step 1: Visit the official website of the scheme and click on the “Login to Apply” button to start the application process. Carefully read all the instructions provided on the website before proceeding.
Online Step 1: Visit the official website of the scheme and click on the “Login to Apply” button to start the application process. Carefully read all the instructions provided on the website before proceeding.
Step 2: If you are a first-time user, click on “Registration for New User” and complete the registration process to create your account.
Online Step 2: If you are a first-time user, click on “Registration for New User” and complete the registration process to create your account.
Step 3: Select your Authentication ID from the available options, such as
Online PDS (Ration Card) Election Photo ID Card (EPIC).
Step 4: Enter your card number, select your name from the displayed list, and click on “Next” to continue.
Online Step 4: Enter your card number, select your name from the displayed list, and click on “Next” to continue.
Step 5: Your EPIC ID will appear on the screen. If the details are correct, click on “Accept.” If the details are incorrect or rejected, manually enter your EPIC number and proceed.
Online Step 5: Your EPIC ID will appear on the screen. If the details are correct, click on “Accept.” If the details are incorrect or rejected, manually enter your EPIC number and proceed.
Step 6: Click on “Validate” to verify the entered EPIC number, and then click on “Next” to move to the application form.
Online Step 6: Click on “Validate” to verify the entered EPIC number, and then click on “Next” to move to the application form.
Step 7: Fill in all required details in the application form, upload the necessary documents, carefully review all the information, and click on “Submit.” After successful submission, you will receive a unique application number for future reference.
Online Sign In
Step 1: Click on “Sign In” and choose your preferred sign-in method from Mobile Number, PDS, EPIC, or Member ID.
Online Step 1: Click on “Sign In” and choose your preferred sign-in method from Mobile Number, PDS, EPIC, or Member ID.
Step 2: Enter your User ID and Password, then click on “Login” to access your account.
Online Step 2: Enter your User ID and Password, then click on “Login” to access your account.
Step 3: After logging in, click on “Apply for Services/Scheme” to start your application.
Online Step 3: After logging in, click on “Apply for Services/Scheme” to start your application.
Step 4: Fill in all the required details in the application form, upload the necessary documents, carefully review the information, and click on “Submit.”
Online Screening: District and State committees shall verify and shortlist applications. The committees can also physical background verification for shortlisted candidates if required Interview & Inspection: Virtual pitch, physical interview and site inspection by Department and bank teams shall be done as and when required
Common questions in Meghalaya
Who can apply for Meghalaya Any Business Venture Scheme in Meghalaya?
Eligible residents of Meghalaya who meet the scheme’s overall criteria can apply for Meghalaya Any Business Venture Scheme. Refer to the eligibility section above for the complete checklist.
What documents are required for Meghalaya Any Business Venture Scheme in Meghalaya?
Applicants in Meghalaya typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
Frequently Asked Questions
It is a scheme under the Chief Minister’s CM-ELEVATE Program that provides financial and institutional support to 50 entrepreneurs to establish business ventures in Meghalaya. <br>