The Government of India is continuously working to transform the youth from “job seekers” to “job creators.”
In this direction, the Pradhan Mantri Yuva Startup Scheme 2025 (PM Yuva Startup Scheme 2025) has been launched.
Under this scheme, young entrepreneurs of the country will receive up to ₹10 lakh in financial assistance along with mentorship and incubation support.
Let’s explore the objectives, eligibility criteria, required documents, and application process in detail.
Objective of the Scheme
The main objective of the PM Yuva Startup Scheme 2025 is to give India’s innovative youth an opportunity to turn their business ideas into reality.
Through this scheme, the government aims to encourage young people to move beyond the traditional mindset of seeking jobs and instead start their own startups – thereby creating new employment opportunities in the country.
Under this scheme, the youth will receive:
- Seed funding to start their businesses
- Training and guidance from government-approved incubation centers
- Mentorship and networking opportunities from successful entrepreneurs
Eligibility Criteria & Application Link
Only those who meet the following eligibility requirements can benefit from the PM Yuva Startup Scheme 2025:
Age Limit: Between 18 to 35 years
Applicants must be at least 18 years old and not older than 35 years.
This ensures that only individuals belonging to the working-age group, who can actively manage and scale their startups, are eligible to apply.
Example: If you are 25 years old, you are fully eligible for this scheme.
Nationality: Only for Indian Citizens
This scheme is exclusively for Indian citizens.
It means that NRIs (Non-Resident Indians) or foreign nationals cannot apply.
While applying, the applicant must provide a valid Aadhaar Card or Indian ID proof for verification.
Educational Qualification: Minimum 10th Pass
Applicants must have completed at least Class 10 (Matriculation).
This ensures that the candidate has a basic level of education and understanding of business concepts to utilize the funds properly.
However, individuals with higher education or technical backgrounds (like B.Tech, MBA, or BBA) may receive preference during evaluation.
Business Idea: Must Be Innovative and Practical
Applicants must submit a clear and feasible business idea along with their application.
The startup idea should:
- Solve a social or economic problem
- Introduce a new or useful product/service in the market
- Have the potential to be profitable and sustainable in the future
Example: Startups focused on eco-friendly products, local job creation, or digital innovation will be highly encouraged.
No Prior Government Funding
If the applicant has already received financial assistance from any other government startup programs like Startup India, PM Mudra Yojana, or Stand-Up India, they will not be eligible for this scheme.
This ensures that new entrepreneurs who haven’t yet received any government support get the first opportunity.
Note: The government aims to help first-time entrepreneurs who have not previously benefited from any financial aid.
Required Documents (In Detail)
To apply for the PM Yuva Startup Scheme 2025, applicants must upload certain essential documents to verify their identity, eligibility, and business plan.
1. Aadhaar Card
Used as identity and address proof to confirm the applicant’s Indian citizenship.
Ensure that the name and date of birth on your Aadhaar card match other submitted documents.
2. PAN Card
The Permanent Account Number (PAN) is required for financial transactions, tax verification, and fund transfers.
If you don’t have one, you can apply for it at https://www.incometax.gov.in/.
3. Passport Size Photograph
A recent color passport-size photo is required for identity verification and will appear on your application profile.
Make sure to upload a clear photo with a light or white background.
4. Business Plan Document
This is the most crucial document of your application.
You need to include details such as:
- Business objective and mission
- Product or service description
- Target market
- Estimated cost and profit
- Purpose of funding
It should be uploaded in PDF or DOC format.
A strong, well-structured business plan significantly increases your chances of approval.
5. Bank Passbook Copy
Upload a scanned copy of the first page of your active bank account, showing:
- Account holder’s name
- Bank name
- Account number
- IFSC code
Make sure the bank account is in your name and all details are clearly visible.
Important Document Upload Tips
All documents should be clear and in PDF, JPEG, or PNG format.
The file size should not exceed 2MB.
Double-check all uploaded details before submitting your application.
How to Apply for PM Yuva Startup Scheme 2025
The application process for this scheme is completely online.
Interested candidates can apply using their mobile phone or laptop.
Visit the official website – https://pmstartup.gov.in/ (example link; the actual link will be updated once available).
On the homepage, click on “Apply for PM Yuva Startup Scheme 2025.”
A new page will open where you must complete New Registration by entering your name, mobile number, email ID, and Aadhaar number.
Once registered, you’ll receive your Login ID and Password.
Use these credentials to log in to the portal and fill out your application form with details like:
- Business idea
- Estimated investment
- Required funding amount
Upload all the necessary documents and review your application carefully before submitting.
After submission, you will receive an Application Number — keep it safe for future reference, as it will help you track your application status.
Funding Process in Detail
Under this scheme, youth will receive financial support ranging from ₹50,000 to ₹10 lakh for launching or expanding their businesses.
This funding empowers young entrepreneurs to become financially independent and innovation-driven.
The entire process is transparent and follows a step-by-step approach to ensure timely assistance to deserving candidates.
Step 1: Application Review and Evaluation
After submission, your business proposal is reviewed by a panel of government experts and startup mentors.
They assess your business idea based on:
- Innovation level
- Social or market impact
- Growth potential (scalability)
If approved, you will receive initial approval and move to the next stage.
Step 2: Seed Funding
Initially, approved candidates receive ₹50,000 to ₹2 lakh as seed funding to develop their business model, register their company, purchase basic equipment, or start operations.
This Seed Fund is directly transferred to your registered bank account.
Step 3: Mentorship and Project Monitoring
After receiving the first installment, you’ll be enrolled in a government-recognized Incubation Center, where you’ll receive:
- Business strategy guidance
- Investor networking opportunities
- Product launch support
Your project’s progress will be monitored to ensure proper fund utilization.
Step 4: Expansion Funding
Once your startup becomes stable and shows potential for growth, you can receive additional funding up to ₹10 lakh for business expansion, marketing, and hiring staff.
The government reviews your progress reports and financial statements before releasing this second installment.
Step 5: Reporting and Repayment
Beneficiaries must upload periodic progress reports on the portal.
This helps the government track how the funds were utilized and measure the business’s growth.
The most notable feature of this scheme is that the loan is interest-free, allowing beneficiaries to repay gradually within a specified time frame.