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GAP – Regular Fund
GAP Regular Fund for investment less than 01 Crore. Grant is open for focus states, Meghalaya, Nagaland, Mizoram, Assam, Odisha, Uttarakhand, Maharashtra, Rajasthan, Madhya Pradesh and Chhattisgarh
Eligibility Criteria:
- Must be Producer Organization Enterprises (POEs) such as Producer Companies or Cooperatives or any registered entities/ Micro and Small Enterprises (MSEs).
- The enterprise must have been in operation for at least 2 years on the date of the application
- Audited financial statements for the past 02 years are available
- Proof of 30% co-funding
Stages of Evaluation:
- Stage 1: Submission of Concept Note and evaluation of Concept note by Fund Manger
- Stage 2: Submission of detailed proposal and business plan from shortlisted applicant and evaluation by internal committee
- Stage 3: Award of grant followed by monitoring and evaluation
Who can Apply ?
- Producer Organization Enterprises (POEs) such as Producer Companies or Cooperatives or any other form of registered producer collective enterprises (must be in business operations for minimum 02 years)
- For-profit enterprises, including start-up organizations
- Individual entrepreneurs with registered business entity
- Non-profit organizations/NGOs can assist with the preparation of an application by a Producer Organization or Enterprise, but they cannot apply in their own right
- Proof of 30% co-funding