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Funding & Schemes

PRIME Entrepreneurship Funding

A comprehensive suite of funding instruments supporting Meghalaya's entrepreneurs from first idea to full-scale growth.

Catalysing Innovation

Funding at every stage of your journey

PRIME Meghalaya offers a comprehensive suite of funding instruments designed to support entrepreneurs at various stages of their business journey. These initiatives aim to foster innovation, drive local economic growth, and empower the entrepreneurial ecosystem across the state.

PRIME Funding is open for every entrepreneur from Meghalaya. These initiatives are part of the Government of Meghalaya's broader strategy to build a resilient, inclusive, and innovation-driven economy.

Inauguration of a PRIME-funded manufacturing unit
Launch of the North East's first wheelchair-accessible vehicle, funded through PRIME

Funding Instruments

Four ways PRIME funds your business

Non-Returnable

Kick Start Grant

Product Development & R&D

Up to ₹10 Lakhs

Target

Early-stage startups

To support Research & Development activities and help innovators transform concepts into viable, market-ready solutions.

Zero-Interest Loan

Scale-up Innovation Loan

Scaling Up

Up to ₹75 Lakhs

Target

Startups with existing revenue

To provide capital for scaling operations, refining business models, and expanding market reach — all without incurring interest burdens.

Grant

Small Support Grant

Technology Adoption

Up to ₹3 Lakhs

Target

Registered micro or small enterprises

To enhance technology adoption or infrastructure upgrades, enabling productivity and competitiveness among local businesses.

Grant

InnoVenture Grant

Scaling Up

Up to ₹35 Lakhs

Target

High-impact innovators

To fund transformative ideas that address key challenges and have the potential for sector-wide or cross-sectoral impact.

At a Glance

Compare the funding instruments

InstrumentMax AmountTypeStage
Kick Start GrantUp to ₹10 LakhsNon-ReturnableProduct Development & R&D
Scale-up Innovation LoanUp to ₹75 LakhsZero-Interest LoanScaling Up
Small Support GrantUp to ₹3 LakhsGrantTechnology Adoption
InnoVenture GrantUp to ₹35 LakhsGrantScaling Up

Eligibility

Who can apply?

01

Every entrepreneur from Meghalaya is eligible to apply

02

Applications open through the official PRIME website (www.primemeghalaya.com)

03

Both registered and unregistered entities may apply

04

Application windows and timelines are published on the PRIME portal

Important Note

Check current windows

Application windows and specific timelines for each funding instrument are regularly updated on the PRIME Meghalaya portal. Check the portal for the latest open rounds before applying.

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Apply for PRIME funding

Register on the portal, find the right instrument for your stage, and take the next step in building your business.

Register on PRIME Portal
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