The Scheme Register / Yuva Sahakar – Cooperative Enterprise Support and Innovation Scheme
Ministry of Cooperation
Yuva Sahakar – Cooperative Enterprise Support and Innovation Scheme
Loan / CreditSeed / Early stage · Growth / ScalingStartup-relevant
- Support type
- Loan / Credit
- Best suited for
- Credit
- How much
- Loan up to project norms; often up to ₹3 crore project cost reference; 2% interest subvention
What is this scheme?
Yuva Sahakar helps newly formed cooperative societies get easier long-term finance and interest support.
Objectives
- The Scheme focuses on supporting newly formed cooperative societies with innovative and value chain–enhancing ideas through financial assistance and incentives.
- The scheme is linked with a dedicated Cooperative Startup and Innovation Fund and provides special encouragement to cooperatives in Northeastern Region, Aspirational Districts, and those led by women, SC/ST, and PwD members.
- The aim is to encourage young entrepreneurs to establish and manage cooperative enterprises. And to strengthen the cooperative ecosystem by enabling sustainable and scalable projects.
Who can apply (eligibility)
- Newly formed cooperative societies.
What do you get?
- Provides long-term financial support to cooperative startups.
- Offers a 2% interest concession on term loans.
- Encourages innovation and new business ideas.
- Supports young entrepreneurs in the cooperative sector.
- Allows convergence with other government subsidies.
How to apply
https://www.ncdc.in/documents/other/3908071119Yuva.pdf