Guj unveils financial support scheme of up to ₹1 crore for AI startups

Ishaan Mukherjee, Published on Mar 19th, 2026

Guj unveils financial support scheme of up to ₹1 crore for AI startups

Gujarat unveiled a Financial Support Model for startups under AI Innovation Challenge. Under this, startups will get up to ₹50 lakh for moderate and up to ₹1 crore for complex projects post proof-of-concept (PoC) stage completion. In case of funding for developing PoC, startups will get up to ₹7.5 lakh for moderate and up to ₹10 lakh for complex projects.

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