Revenue Stage
What is Revenue Stage ?
This Stage is characterized by the first scaling of the business model to new markets, the establishment and expansion of sales, as well as the finalization of the processes and structures essential for future growth. The product/service is mature. For successful business development, rapid market penetration must be achieved.
The revenue stage Startups are eligible for a financial assistance from financial institutions upto a maximum of Rs 100 lakhs, which includes 30 % grant from Startup Manipur.
Any other fiscal incentive available under State Government policy will be applicable to Startups of this stage and efforts will be made to leverage relevant benefits available under various schemes of Government of India /Government of Manipur.
Other incentives of the entities at this stage will be Mentorship, Incubator/accelerator and funding support besides the various incentives under pilot scheme.
Eligibility for Revenue Stage
- Any entrepreneur who runs a profitable business
- Should be a domicile of Manipur. If the promoters are group, then at least one of the promoters should be a domicile of Manipur and he/she should be the main applicant.
- Should be older than 18 Years.
- Has not received more than Rs. 10 lakh of monetary support from Central Schemes or State Schemes. (Declaration Needed)
- Business should not more than 10 years from the date of Registration.
- Annual Turnover should be less than 100 crores.
- The business entity should be either a Private limited company/LLP/Partnership firm.
- Should have at least three years old and should have audited financial reports.
Benefits
- Support up to a project of Rs. 1 Crore of which 30% is given as subsidy by the State (Maximum upto Rs. 30.00 Lakh) under Manipur Start up fund. 65 % comes as loan component to be provided by the banks and 5% margin money to be contributed the business owner.
- Mentorship, Incubator/Accelerator Programs.
- Market linkup / product Showcase.
The fields that are Required for applying are given below:
Registration Requirements
- AADHAAR number and AADHAAR linked mobile for OTP verification
- Working Mobile Phone for communication with SMS facility.
- Working Email Id address.
- Both the mobile phone number and email id will be verified using OTP.
Documents Required to upload for Revenue Stage
- Copy of PAN card.
- Copy of Applicants PAN card
- Copy of BUSINESS PAN CARD
- Copy of Business Registration Certificate
- Copy of Audited balance sheet for the last FY
- Copy of Income Tax Return for last FY
- Copy of Audited Profit and Loss statement last FY.
Compulsory fields for Founder’s details
- Name
- Educational Qualification
- Work Experience
- Phone no
- Permanent Address.
Compulsory fields for Primary contact details
- Name
- Address
- District
- Constituency
- PIN code
- Mobile no
- DOB
- Gender
- Working Full time or not?
- Founders PAN number
- Founders PAN card copy
Compulsory fields for Primary contact details
- Business Name
- Business Registration Type (LLP, OPC, Private Limited)
- Business Registration Number
- Business Address
- Category (General, Woman, Student)
- Direct Customers (B2B, B2C, B2G)
- Target Customers
Industry Type
- Accommodation & Food Services
- Accounts
- Administrative & Support
- Agriculture, Forestry, Fishing and Hunting
- Arts, Entertainment and Recreation
- Automotive
- Basic Materials
- Construction
- Drug retailing
- Education Services
- Energy
- Finance & Insurance
- Food & Beverages
- Healthcare and Social Assistance
- Industrial
- IT
- Management of Companies and Enterprises
- Military
- Mining
- Personal household products and services
- Professional, scientific and Technical Services
- Public Administration
- Real State Rental and leasing
- Retailers
- Technology
- Telecom
- Transport and Warehousing
- Travel and Tourism
- Utilities
- Waste Management and Remediation Services
- Wholesale
- Others
- What is the product or services?
- Required Investments
1 to 5 lacs
5 to 10 lacs
10 to 20 lacs
20 to 50 lacs
50 to 100 lacs - List direct competitors
- What problem are you trying to solve?
- How will you utilize the investment?
- Website if any
- Copy of BUSINESS PAN CARD to be uploaded
- Date of Registration/Incorporation
- Copy of Registration Certificate to be uploaded.
Compulsory fields for Financial details
- Total sales turnover for the last financial year.
- Total Net Profit for the the last financial year.
- Total Asset as on Balance sheet for last FY.
- Total Debt as on Balance sheet for last FY.
- Copy of Audited balance sheet for the last finacial year.
- Copy of Income Tax Return for the last financial year.
- Copy of Audited Profit and Loss statement for the last financial year.
Compulsory fields for Business Pitching
- Describe your Product or Services.
- How is your solution different from others?
- Type of Technology used.
- How does the business Generate Revenue?
