MySubsidy

Prime Small Enterprise Empowerment and Development (SEED) Scheme

Planning Department, Government of Meghalaya · Central government

The SEED Scheme, under the Chief Minister’s ELEVATE Program, funds small business setup or expansion in Meghalaya’s unorganised, underserved sectors.

Open, rolling. Applications are accepted continuously — there is no deadline.

Key facts

Subsidy amount
Up to ₹95,000
Instrument
Subsidy
Deadline
Rolling
Disbursement
Released against milestones

About this scheme

The Prime Small Enterprise Empowerment and Development (SEED) Scheme operates under the Chief Minister’s ELEVATE Program, administered by the Planning Department, Government of Meghalaya. It is designed to support entrepreneurship among young people and promote balanced development across the state. The scheme offers financial assistance to individuals and unregistered entities seeking to start new small businesses or expand current operations.

The programme addresses the absence of institutional backing for the unorganised sector and other underserved business activities in Meghalaya. These enterprises have contributed meaningfully to the local economy but have largely functioned outside the formal financial system. By focusing on these segments, the scheme aims to bring informal businesses into the formal fold, improve their operational efficiency, and generate sustainable livelihoods. The initiative seeks to strengthen local entrepreneurs and support the state’s broader goals of economic growth and job creation.

Who can apply

Eligible business forms
Sole proprietorship, Partnership firm
Udyam registration
Not specified
MSME registration
Not specified
DPIIT startup recognition
Not specified
GST registration
Not specified
Where the business may be based
Meghalaya

- Individual applicants must be aged between 18 and 58 years. - Individual applicants must be permanent residents of Meghalaya. - Individuals and unregistered entities must provide proof of relevant experience related to the proposed project. - Applicants or entities must not be credit defaulters with any bank or financial institution. - Unregistered entities must be based in Meghalaya.

How to apply

The SEED Scheme application is conducted entirely online via the MeghalayaOne portal, which is open to all eligible residents and entities in the state.

- **Step 1: Citizen Registration for Member ID.** New users begin by visiting the official website and selecting the "Registration for New User" section. Applicants must review all instructions carefully before continuing. - **Step 2: Authentication ID Selection.** During registration, the applicant chooses an authentication ID from options including PDS (Ration Card) or Election Photo ID Card (EPIC). - **Step 3: Identity Verification.** The applicant enters the chosen card number and selects their name from the displayed list for verification. If the details match, they are accepted; otherwise, manual entry and validation of the EPIC number are necessary. - **Step 4: Application Form Completion (New Users).** Following successful validation, the applicant completes the detailed application form, supplying all required personal and project-related information. Supporting documents—typically covering proof of residency, age, experience, and project details—must be uploaded. A complete review of all entered data is essential before final submission. Once submitted, a unique application number is issued for future reference. - **Step 5: Sign-In for Existing Users/Submissions.** Existing users or those filing subsequent applications can sign in using their mobile number, PDS, EPIC, or Member ID. - **Step 6: Accessing Services/Scheme.** After logging in, applicants select "Apply for Services/Scheme" to start or resume an application. - **Step 7: Final Application Submission.** As with the new user process, all required fields are completed, documents are uploaded, and information is reviewed prior to final submission. The online portal handles the entire procedure, offering convenience to entrepreneurs in Meghalaya applying for this scheme.

Apply on the issuer's site

Frequently asked questions

Q1: What is the primary objective of the SEED Scheme?

The SEED Scheme, delivered through the Chief Minister’s ELEVATE Program, supports youth-led and inclusive entrepreneurship in Meghalaya by funding the establishment or expansion of small ventures, with a focus on unorganised and underserved sectors.

Q2: What kind of financial support does the scheme offer?

The Government of Meghalaya provides an upfront subsidy of 50% of the total project cost, capped at ₹50,000, under this scheme. A bank loan covers the remaining 45% of the project cost, while the entrepreneur contributes 5% as their own share.

Q3: What are the loan terms for the facilitated bank loan?

The facilitated bank loan has a tenure of 2 years (24 months), including a 3-month moratorium period during which entrepreneurs are not required to begin EMI repayments.

Q4: Who is eligible to apply for the SEED Scheme?

The scheme accepts individuals aged 18 to 58 who are permanent residents of Meghalaya and possess relevant experience in their proposed project field. Unregistered entities based in Meghalaya, including village organisations and self-help groups, are also eligible if they have relevant experience and are not credit defaulters.

Q5: Are there any restrictions on how the financial support can be used?

Yes, the financial support is exclusively for asset creation, such as buying machinery and equipment, and cannot be used for operational expenses or working capital.

Q6: How can I apply for the SEED Scheme?

Applications are submitted online via the MeghalayaOne portal. New users must register, choose a PDS or EPIC authentication ID, verify their identity, and fill the form, while existing users can sign in and apply directly under "Apply for Services/Scheme".

Sectors

  • Small Business
  • Microenterprise
  • Rural
  • Unorganized Sector
  • Asset Creation
  • Meghalaya

Details last verified on 3 August 2026. Source: the issuer's published information.