Punjab Startup Lease Rental Subsidy
Department of Industries & Commerce, Government of Punjab · Central government
Punjab reimburses 25% of lease rent for one year, up to INR 3 lakh, for startups in an incubator, IT park or notified industrial park.
Open, rolling. Applications are accepted continuously — there is no deadline.
Key facts
- Subsidy amount
- Up to ₹3,00,000
- Instrument
- Subsidy
- Deadline
- Rolling
- Disbursement
- Reimbursed after spend
About this scheme
Under Clause 12.7.2 B(2) of the Industrial and Business Development Policy 2022, Punjab offers a lease rental reimbursement to eligible startup units set up in the state. To qualify, the unit must operate from an incubator, IT park, industrial cluster or another notified industrial park.
The reimbursement covers 25% of the lease rental actually paid. Support is available for a period of one year, subject to a ceiling of INR 3 lakh per annum.
Startups functioning from their own premises, or from space located outside these notified locations, fall outside the scope of this provision.
Who can apply
- Eligible business forms
- Not specified
- Udyam registration
- Not specified
- MSME registration
- Not specified
- DPIIT startup recognition
- Not specified
- GST registration
- Not specified
- Where the business may be based
- Punjab
- Startup unit must be established in Punjab and meet the eligibility criteria - Unit must operate from an incubator, IT park, industrial cluster or any other notified industrial park - Lease rental claim is restricted to one year
How to apply
- Enrol the startup with Startup Punjab or the relevant nodal agency - File an application on the Invest Punjab Business First portal under the Industrial and Business Development Policy 2022 - Provide the lease deed along with rent receipts covering the claim year
Frequently asked questions
How long does the subsidy run?
One year.
What is the maximum?
The subsidy is 25% of the lease rental paid, subject to a ceiling of INR 3 lakh per annum.
Does renting a private office qualify?
No. The unit has to be based in an incubator, IT park, industrial cluster or another notified industrial park located in Punjab.
Sectors
- Punjab
- Startup
- Lease Rental
- Incubator
- It Park
- Industrial Policy 2022
Details last verified on 18 September 2026. Source: the issuer's published information.