Prime Small Enterprise Empowerment and Development(SEED) Scheme
in Meghalaya
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Prime Small Enterprise Empowerment and Development(SEED) Scheme in Meghalaya
Prime Small Enterprise Empowerment and Development(SEED) Scheme is a government scheme available to eligible residents of Meghalaya.
Apply for Prime Small Enterprise Empowerment and Development(SEED) Scheme in Meghalaya
Scheme Overview
Under the scheme provides financial support for setting up or expanding small business ventures. It primarily targets the unorganized sector and underserved business activities that contribute significantly to the local economy but have historically lacked institutional support.
Eligibility Criteria
**For Individuals:**
The applicant must be between 18 and 58 years of age.
The applicant must be a permanent resident of Meghalaya.
The applicant must provide proof of relevant experience in the field related to the proposed project.
The applicant must substantiate experience through past projects, portfolios, certifications, or testimonials from the village headman.
The applicant shall not be a credit defaulter with any bank or financial institution.
The applicant without demonstrated relevant experience will not be considered.
**For Unregistered Entities:**
The unregistered entity must be based in Meghalaya.
The unregistered entity may include village organizations, self-help groups, traditional communities, or similar groups.
The unregistered entity must provide proof of relevant experience in the field related to the proposed project.
The unregistered entity must substantiate experience through past projects, portfolios, certifications, or testimonials from the village headman.
The unregistered entity shall not be a credit defaulter with any bank or financial institution.
The unregistered entity without demonstrated relevant experience will not be considered.
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Benefits
50% of total project cost supported as upfront subsidy by Government of Meghalaya (₹50,000 max)
5% of total project cost to be contributed by entrepreneur as own share
Remaining 45% of project cost eligible for bank loan
Loan tenure of 2 years with a 3-month moratorium period before EMI begins
Financial support strictly for asset creation (machinery, equipment), operational or working capital expenses not allowed
Opportunity to access scheme through single online portal under CM-ELEVATE initiative
Cash Credit loan option available for eligible beneficiaries
Support to entrepreneurs from unorganized and underserved sectors with emphasis on creating local employment
Required Documents
| # | Document |
|---|---|
| 1 | Latest Bank Statement (Last 6 months) |
| 2 | Proof of Identity of Applicant (Voter ID / Passport / Driving License) |
| 3 | Self Declaration |
| 4 | Certification or testimonial from Village Headman or experience proof for existing operators (registration, photos, testimonials, etc.) |
| 5 | PAN Card |
| 6 | Ration Card of Applicant |
| 7 | Quotation for equipment to be purchased (must include vendor GST number) |
| 8 | Proof of Identity of Applicant (Voter ID / Passport / Driving License) - President & Secretary |
| 9 | Latest Bank Statement (Last 6 months) |
| 10 | Self Declaration |
| 11 | Certification or testimonial from Village Headman or experience proof for existing operators (registration, photos, testimonials, etc.) |
| 12 | PAN Card |
| 13 | Ration Card of Applicant |
| 14 | Quotation for equipment to be purchased (must include vendor GST number) |
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 Step 4: Fill in all the required details in the application form, upload the necessary documents, carefully review the information, and click on “Submit.”
Common questions in Meghalaya
Who can apply for Prime Small Enterprise Empowerment and Development(SEED) Scheme in Meghalaya?
Eligible residents of Meghalaya who meet the scheme’s overall criteria can apply for Prime Small Enterprise Empowerment and Development(SEED) Scheme. Refer to the eligibility section above for the complete checklist.
What documents are required for Prime Small Enterprise Empowerment and Development(SEED) 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
The scheme seeks to empower youth and entrepreneurs from the unorganized and underserved sectors by enabling asset creation, generating local employment, and strengthening small business ecosystems across Meghalaya. <br>