APEPC

APEC will identify, promote, support, and nurture sustainable and locally relevant business ideas and entrepreneurs. The top 10 entrepreneurs selected for the Incubation & Pre-Incubation programmes facilitated by the IIM Calcutta Innovation Park will be awarded up to ₹5,00,000.

The "Arunachal Pradesh Entrepreneurship Development Programme (APEDP)" was launched by Hon'ble Chief Minister Pema Khandu. The APEDP is aimed at “catalyzing an inclusive solution to the motley local challenges by developing a vibrant entrepreneurial ecosystem in the state and facilitating aspiring entrepreneurs with comprehensive support and nurturing,” the DIPR informed in a release. The objective of APEDP is to formulate an inclusive solution to the motley local challenges faced by aspiring entrepreneurs through the development of a vibrant entrepreneurial ecosystem and side-by-side facilitating their entrepreneurial endeavours with comprehensive support and nurturing.

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The ‘Arunachal Pradesh Entrepreneurship Challenge (APEC)’ was unveiled by the Department of Finance, Investment and Planning as the first part of the APEDP on the eve of the 74th Independence Day. The APEC will identify, promote, support, and nurture sustainable and locally relevant business ideas and entrepreneurs. After a thorough evaluation and screening of applications, 50 top entrepreneurs will be selected for the Incubation and Pre-Incubation programmes facilitated by the IIM Calcutta Innovation Park. Out of these, the top 10 entrepreneurs will be awarded up to ₹5,00,000 and the next 40 entrepreneurs will be awarded up to ₹4,00,000.

• The applicant should be a resident of Arunachal Pradesh above 18 years of age with principal business units or should have a proposal to set up branches in Arunachal Pradesh or an Arunachali currently working or residing outside the state, but wishes to return back to the state & become an Entrepreneur.
• The applicant should be promised an idea and plan or prototype/working model.
• The applicant should be an Entrepreneur with good communication skills.
• The applicant should be an early-stage venture set up on or after 15 August 2015.
• The applicant should be MSME-registered enterprises.
• The applicant should be an existing entrepreneur in your district.
• The applicant should be a College graduate.
• The applicant should be Self-employed people in innovative businesses.
• The applicant should belong to organized producer groups.

• Financial: Top 50 entrepreneurs will be selected for the Incubation and Pre-Incubation programs facilitated by the IIM Calcutta Innovation Park. Out of these, the top 10 entrepreneurs will be awarded up to Rs. 5 lakhs and the next 40 entrepreneurs will be awarded up to Rs. 4 lakhs.1. Government Support: Eligibility to avail of various Government Support Schemes, Grants, Soft Loans & Pilot Opportunities.1. Training & Mentorship: Training & Mentorship through pre-incubation, incubation support, and funding programs conducted by IIM Calcutta Innovation Park (IIMCP).

• The business must not be an expansion or extension of an existing business (Including a Family Business)
• The plan/venture should not belong to the following industries: Alcohol, Tobacco, Gambling, Firearms & Explosives.