Lok Sabha Question No. 1341 (UNSTARRED), answered on 2024-07-30
Subject: Scheme for Startups in Technical Textiles
Ministry: TEXTILES
Asked by: Shri Arvind Ganpat Sawant, Shri Sanjay Haribhau Jadhav, Shri Shrirang Appa Chandu Barne, Shri Shyamkumar Daulat Barve

## SCHEME FOR STARTUPS IN TECHNICAL TEXTILES

## 1341. SHRI ARVIND GANPAT SAWANT: SHRI SANJAY HARIBHAU JADHAV: SHRI SHRIRANG APPA CHANDU BARNE: SHRI SHYAMKUMAR DAULAT BARVE:

Will the Minister of TEXTILES वस्त्र मंत्री be pleased to state :

(a) whether the Government has recently approved any scheme to provide financial assistance to startups to make the technical textile industry sustainable, if so, the details thereof;

(b) the criteria fixed to provide grants in this regard;

(c) the manner in which financial assistance is provided under the said scheme in the States and Tehsils;

(d) the number of persons and startups which have been provided assistance under the said scheme for creation of protypes or commercializing their technologies State-wise particularly in Maharashtra;

(e)  whether  the  Empowered  Powered  Programme  Committee  (EPC)  of  National  Technical  Textiles Mission (NTTM) has also approved seven proposals of startups under the GREAT scheme;

(f) if so, whether any financial assistance is likely to be provided to every startup under the said scheme; and

(g) if so, the details thereof?

## उत्तर ANSWER )

## वस्त्र राज्  य मंत्री ( श्री पबित्र मार्घेररटा

## THE MINISTER OF STATE FOR TEXTILES (SHRI PABITRA MARGHERITA)

(a) to (c): Yes Sir. To support ecosystem of Technical Textile in the country, the Government has launched  Grant  for  Research  and  Entrepreneurship  across  Aspiring  Innovators  in  Technical  Textiles (GREAT) Scheme under the National Technical Textile Mission (NTTM). Under the Scheme, support is given  to  young  innovators/entrepreneurs  in  Technical  Textiles  by  providing  grant-in-aid  upto  Rs.  50 lakhs to translate their ideas into commercial technologies/products.

As per the GREAT Guidelines,

- (i) The eligibility criteria is as under:
- a) Individuals with minimum age of 21 years on the day of application are eligible;
- b) The  start-up  company  incorporated  as  Pvt.  Limited  company  or  registered  as  a  partnership firm or a limited liability  partnership with a turnover less than Rs. 100  crores in any of the previous  financial  years  is  also  eligible,  however,  the  incorporation  date  of  the  Company should not be more than 5 years at the time of application;
- (ii) Grant  in  aid  of  upto  Rs.  50  lakh  for  a  period  of  18  months  is  provided  to  individual applicants/start-ups.  The  project  is  implemented  in  a  milestone  based  manner.  The  financial assistance to individual / startup company is channeled through the Associated Incubators only.

(d) & (e): A total of eight (08) startup proposals have been approved till date under NTTM.  Under the  scheme,  no  financial  assistance  is  given  state-wise  or  district-wise.    However,  five  (05)  startup companies  from  Delhi,  Uttar  Pradesh,  Karnataka,  Gujarat  and  Tamil  Nadu  and  three  (03)  individual applicants from Uttar Pradesh, Maharashtra and Gujarat have been approved for grant under the scheme.

(f) & (g): As  per  the  guidelines,  financial  assistance  of  upto  Rs.  50  lakh  is  provided  to  each approved proposal.

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