Samarth Bhanap Scheme
Spark your Next Amchi Venture
An initiative from Shri Chitrapur Math with blessings of Parama Poojya Sadyojat Shankarashram Swamiji.
Our Goal
Promoting entrepreneurship amongst Bhanaps by ensuring that lack of capital is not an impediment for achieving their dreams
Supporting Bhanap Entrepreneurs
Samarth Bhanap Scheme (SBS) is a new initiative launched by Chitrapur Math, inspired by Sadyojat Shankarashram Swamiji, to empower Bhanap community members to achieve their entrepreneurial dreams.
In today’s knowledge-driven economy, where entrepreneurship is key to both individual & national success, access to seed capital can be a major hurdle. The SBS aims to bridge this gap by providing financial support to deserving young Bhanap individuals with entrepreneurial aspirations.
Our Mission
Nurturing Promising Startups
The SBS will identify and support promising startups established by Bhanap entrepreneurs.
Empowering Existing Businesses
We will also assist existing Bhanap-owned businesses
in their growth journey.
Creating Employment Opportunities
By supporting Bhanap entrepreneurs, the SBS aims
to foster job creation within the Bhanap community.
Our Approach
The Samarth Bhanap Scheme is committed to fostering a thriving entrepreneurial ecosystem within the Bhanap community, paving the way for a brighter future.
Funding
Providing financial resources to eligible Bhanap startups and businesses.
Mentorship
Offering guidance and support from experienced professionals.
Facilitation
Connecting entrepreneurs with the resources and networks they need to succeed.
What will SBS Offer?
Funding
Samarth Bhanap Scheme offers up to 20 lakh Rs for Bhanap-led businesses, prioritizing innovative, growth-oriented, & profitable ideas.
Mentoring
Get expert mentoring in technology, entrepreneurship, marketing, sales, advertising, retail, finance, and legal to grow your business.
Support Services
Affordable access to business services like incorporation, GST registration, accounting, IT infrastructure, e-commerce, legal, and more.
Eligibility
01
The scheme will be open for first-time entrepreneurs. However experienced entrepreneurs or those who want to grow their existing businesses will also be eligible.
02
Applicant must be above 18 years of age.
03
Applicant must be a Bhanap – meaning that the primary applicant’s father or mother are
Chitrapur Saraswats.
04
Minimum of 25% of the proposed business entity shall be owned by a Bhanap prior to funding
under this scheme.
Evaluation Criteria
- Selected applicants will receive funding and support. The initial selection is based on the application and supporting documents. Shortlisted candidates present their business plans to the SBS Evaluation Committee. Mentorship is available for refining business plans if needed.
- Applicants must provide references from their local Chitrapur Sabha. Evaluation factors include the viability and innovation of the business idea, the team’s ability to execute the plan, and the potential for growth and job creation.
- Final approval depends on thorough due diligence of submitted credentials. Businesses must report on fund usage and meet agreed-upon milestones.
- Excluded business areas include liquor sales and speculative trading of equities, commodities, or real estate.
Process
Scheme will be launched on 1st April 2024 Keep an eye on our website & social media FB/Insta/LinkedIn for updates & access to the application form.
Take our Entrepreneur Survey to customize our support for your needs, whether you're launching a business or exploring future possibilities.
Craft your business idea carefully! Successful applicants need a strong business plan. Explore resources to highlight your idea's value.
Contact Us
Fill out the form with your name, phone, email address, and
message, & we’ll get back to you as soon as possible.
Frequently Asked Questions
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Home | About Us | Services | FAQ’s | Contact Us
The Chitrapur Math’s SBS, inspired by Sadyojat Shankarashram Swamiji, helps Bhanap community members pursue entrepreneurial dreams.
Get In Touch
Home | About Us | Services | FAQ’s | Contact Us
The Chitrapur Math’s SBS, inspired by Sadyojat Shankarashram Swamiji, helps Bhanap community members pursue entrepreneurial dreams.
Get In Touch
Home | About Us | Services | FAQ’s | Contact Us
The Chitrapur Math’s SBS, inspired by Sadyojat Shankarashram Swamiji, helps Bhanap community members pursue entrepreneurial dreams.
Get In Touch
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