The SMILE Scheme is only available through SIDBI for current and new units to invest in initiatives coming up in 25 specified areas under the Make in India program. The assistance is in the form of quasi-equity and a term loan with reasonably favorable conditions, with a minimum term loan size of Rs. 25 lakh for new units. The Stand-Up India scheme is expected to be implemented across the country through 1.25 lakh bank branches. Loans of more than ten lakh rupees and up to one hundred lakh rupees would be available to SC/ST/Women entrepreneurs launching greenfield projects.