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Nano-Unicorn Entrepreneurship Programme, Odisha

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Eligibility

Skilled youth

Region

India

Award

Training and capital funding

Deadline

Always Open

About The Program

Nano-Unicorn Entrepreneurship Programme, Odisha organised by the Odisha Skill Development Authority invites applications from skill trained youth who are the domiciles of Odisha. The program aims to encourage entrepreneurship at the grass-roots level by providing mentoring, training and capital funding to skilled youth who could be prospective entrepreneurs. This programme provides training and funding up to INR 1 lakh to selected candidates.

EligibilityDeadline Date: Always Open

To be eligible for this programme, an applicant must be-

  • A domicile of Odisha
  • ITI trained or have completed a short-term skill training
Benefits

The candidates selected for the Nano-Unicorn Programme will receive the following benefits-

  • One-week residential training on entrepreneurship development
  • Funding of INR 1 lakh
How can you apply?

Follow the below steps to apply-

Step1: Visit the online registration portal.
Step 2: Enter personal details including contact details.
Step 3: Provide a brief description of the proposed business in not more than 100 characters.
Step 4: Submit the application.

Note: It must be noted that only the residents of Odisha can register for Nano-Unicorn.

Important Dates

This business site of each and every entrepreneur is visited by OSDA team.

Selection Criteria

Candidates will be selected based on their business proposals. The business plans should aim to create employment for at least 2-3 others within 2 years.

Terms and Conditions
  • The funding of INR 1 lakh, provided at the end of the training, will be without any collateral or guarantee.
  • No interest will be charged on the capital for the first year.
  • Subsequently, a 5% interest will be charged on the initial capital.
  • The amount of INR 1 lakh should be repayable by the third year.
  • The amount will be transferred directly to the account of the candidate.
  • There will be a quarterly review of each entrepreneur by the team of Odisha Skill Development Authority.
Contact Details

Odisha Skill Development Authority
1st Floor, Rajiv Bhavan, Unit-5,
Bhubaneswar-751001, Odisha

Phone: 0674-2394415
Email: osdabbsr.od@gov.in

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