Yuva Sahakar - Cooperative Enterprise Support and Innovation Scheme

What it is

Enable newly formed and other eligible cooperative societies to develop innovative, value-adding enterprises across sectors through project finance, capacity support and a cooperative startup and innovation fund framework.

What you get

• Yuva Sahakar cooperative innovation project finance

Who it is for

• the applicant is a cooperative society with a new, innovative or value-chain-enhancement project
• the society has operated for at least three months
• the society has positive net worth
• the society satisfies the applicable cash-loss, project-viability, contribution, security and NCDC appraisal conditions
• the project activity and any proposed subsidy or convergence fit the current NCDC and implementing-scheme rules

Not eligible if

• a newly registered company, LLP or sole proprietorship cannot use this cooperative-only record unless it is an eligible cooperative society
• membership or application does not guarantee NCDC sanction, subsidy or interest incentive
• working capital included in the project is subject to the stated percentage cap and current NCDC terms
• subsidy under another government scheme is conditional on that scheme's separate eligibility and approval
• project cost, rates, security and category preferences can change through NCDC circulars

How to apply

1. 1
   Confirm cooperative eligibility

   Verify cooperative registration, at least three months of operation, positive net worth and applicable cash-loss history.

   Official step
2. 2
   Classify the innovation project

   Document the new, innovative or value-chain-enhancement activity and map it to an eligible cooperative business sector.

   Official step
3. 3
   Calculate project finance

   Separate project cost, working capital, contribution, debt-equity, project-cost band, security and repayment assumptions; keep working capital within the applicable cap.

   Official step
4. 4
   Prepare appraisal and convergence evidence

   Prepare the business plan, financials, estimates, member and governance records, security and any separately approved subsidy or convergence documents.

   Official step
5. 5
   Use the official NCDC route

   Apply through the current NCDC or State Government/UT route and retain sanction, loan, repayment, interest-incentive, monitoring and grievance records.

   Official step

Keep ready