Mukhyamantri Mahila Udyami Yojana
About this Scheme
This is a flagship scheme of the Bihar government aimed at promoting entrepreneurship and self-employment among the youth by providing financial assistance of up to βΉ10,00,000/- for setting up businesses.
About This Scheme
The βMukhyamantri Mahila Udyami Yojanaβ is a component of the umbrella scheme βMukhyamantri Udyami Yojanaβ, launched by the Department of Industries, Bihar. The main objective of the scheme is to promote entrepreneurship and self-employment among individuals from all categories in the state.
Under this component, financial assistance of up to βΉ10,00,000/- is provided to female applicants for establishing and operating business ventures, thereby fostering economic growth and empowerment in the state. This scheme also provides benefits to Transgender community.
Benefits
Substantial Financial Support: Receive up to βΉ10,00,000/- for setting up a business (50% of the total financial assistance (up to βΉ5,00,000/-) is provided as a non-repayable grant. The remaining 50% (up to βΉ5,00,000/-) is offered as an interest-free loan, with a nominal 1% interest under specific sub-schemes.)
Skill Development: Mandatory training sessions are provided to enhance entrepreneurial skills.
Eligibility Criteria
The applicant must be a permanent resident of Bihar.
The applicant must be female.
The applicant should have passed at least 10+2, Intermediate, ITI, Polytechnic Diploma, or equivalent.
The applicant must be aged between 18 and 50 years.
The business unit must be a proprietorship or partnership firm.
This scheme also provides benefits to Transgender community.
Application Process
Apply Online
Registration Process:
Step 1: Visit the official
website
and click on “
Registration/Log in
“. Select “Mukhyamantri Udyami Yojana” as “MMUY”.
Step 2: A new page will open where you need to enter your Aadhaar number and create a desired password.
Step 3: Click on the “Login” option after entering the details.
Step 4:A registration form will appear. Fill in the required details carefully.
Step 5: Once completed, click on the “Submit” button to finalize your registration.
Application Process:
Step 1: After successful registration,
log in
to the portal using your Aadhaar number and password.
Step 2: The application form will appear on your dashboard. Fill in the form accurately with all the necessary details.
Step 3: Upload all the required documents as specified in the instructions.
Step 4: Review the application to ensure all information is correct.
Step 5: Click on the “Submit” button to complete the application process.
Step 6: Download and print the acknowledgment receipt for your records. Keep it safe for future correspondence.
Official Source: View on myScheme.gov.in
Scheme Benefits
- Substantial Financial Support: Receive up to βΉ10,00,000/- for setting up a business (50% of the total financial assistance (up to βΉ5,00,000/-) is provided as a non-repayable grant. The remaining 50% (up to βΉ5,00,000/-) is offered as an interest-free loan, with a nominal 1% interest under specific sub-schemes.)
- Skill Development: Mandatory training sessions are provided to enhance entrepreneurial skills.