Samruddhi Scheme

Samruddhi scheme is a unique initiative from the Social Welfare Department of Government of Karnataka. Samruddhi scheme serves as an enabler to the socially disadvantaged youth and women to take up entrepreneurial activities and promote self-employment. Through this scheme, Government of Karnataka aims to collaborate, create a partnership with potential companies, and thereby promote 25,000 entrepreneurs in the State for three years. This will be done by facilitating access to ready to do business models, franchise, dealerships and other self-employment based ventures in the State.

The objective of Samruddhi Scheme

This scheme aims to create Industry Oriented Enterprise by enabling the SC/ST community through entrepreneurship and skill training.

Features of Samruddhi Scheme

The feature of Samruddhi Scheme is explained in detail below:

Samruddhi Scheme enables the socio-economic empowerment of the SC and ST communities in Karnataka
Increasing employment in the state through various entrepreneurship and skill training
A supply gap of 3.1 lakh persons as per the Karnataka Skill Gap Report for Industrial Manpower
This scheme will be beneficial for Citizens of Karnataka because 24/% of populations constitutes of SC & ST communities
This Scheme is formulated to make Karnataka the top state for the number of SC/ST enterprises

Impact of Samruddhi Scheme

Samruddhi scheme will create thousands of employment opportunities by being a catalyst between a corporate and beneficiaries thereby creating a conducive ecosystem to roll out tried and tested successful business models in Karnataka resulting in increased income levels and improved the standard of living.

Image 1 Samruddhi Scheme

Benefits of Samruddhi Scheme

As mentioned above, the applicant can apply for self-employment or franchise assistance under Samruddhi Scheme:

Benefits to Beneficiaries

The benefit for enrolling Samruddhi Scheme is described in detail below:

Under this scheme, Government of Karnataka provides an initial capital up to 10 lakhs with training and overall capacity building to carry out chosen business activities
Samruddhi Scheme is a conductive ecosystem to kick-start the own enterprise
Continued mentorship and support to face roadblocks that may arise and create a robust, sustainable business enterprise

Benefits to Franchisors

The benefit for enrolling Samruddhi Scheme is described in detail below:

Samruddhi Scheme is a fantastic opportunity to venture into new markets and reach new customer segment with virtually no additional cost
The Prospect of increasing the market share through new Franchises or Dealerships
Samruddhi Scheme is assisting in identifying potential entrepreneurs especially in Tier 2, and Tier 3 cites that further results in saving of cost, time and effort

Business under Samruddhi Scheme

The applicant can apply Samruddhi Scheme for the following type Business:

Hardware and Garments
Entertainment and Retail
Food and Beverages
Health and Fitness
Agriculture and Automobiles
Wellness and Beauty
Electricals and Mobiles
Logistics and Counter Service
Watches, Luggage and Footwear
Dairy Products
Education, Books and Stationary
Home Appliances and Hospitality

Eligibility Criteria

The eligibility criteria for Samruddhi Scheme are explained in detail below:

Eligibility Criteria – Applicant

Age of the applicant should be minimum 21 years
Applicant must qualify SSLC
An applicant must be a permanent resident of Karnataka
The applicant must belong SC/ST community

Eligibility Criteria for Empanelment of Firms

The company should be registered in India
The company should provide a franchise/dealership opportunity
The firm should have a strong brand and market presence for at least three years
The firm should have a minimum of ten franchisee/dealership
The firm needs to provide marketing training to the entrepreneurs

Documents Required for Beneficiary

Documents required for registering as a beneficiary under the Samruddhi Scheme is explained in detail below:

Applicant's Photo
Proof of Residence
Caste Certificate
Ration Card Number / UID Number / PAN Card
Copy of property document or rental agreement

Documents Required for Franchisor

Documents required for enrolling Samruddhi Scheme as Franchisor is explained in detail below:

Registered documents of the organisation, entity or firm to be submitted
Permanent Account number of Organization / TIN / GST - self-attested photocopy
Chartered Accountant certified documents
Self-certification that any Government Organization has never blacklisted entity
Number of Franchisee/ Dealership proposed in Karnataka

Samruddhi Scheme Application Procedure

The application procedure for Samruddhi Scheme is explained in step-step by procedure here: Step 1: To apply for Samruddhi Scheme, you need to access the home page of the Social Welfare Department, Government of Karnataka. Step 2: Select the New Samruddhi option from the home page. By clicking on this, the link will redirect to a new page of Samruddhi Scheme online web portal.

Image 2 Samruddhi Scheme Beneficiary application for Samruddhi scheme Step 3: In this new portal, select the option Register as a beneficiary to get the benefits of Samruddhi Scheme.

Image 3 Samruddhi Scheme Step 4: Beneficiary application for Samruddhi scheme will be displayed. You need to provide the following details:

Applicant's Full Name
Gender and Address
Mobile Number
Date Of Birth
Caste and Sub Caste
Annual Income Of Family
Segment Of Business
Proposed Location details

Step 5: After providing the required information, you need to attach documents as described above.

Image 4 Samruddhi Scheme Step 6: Once the documents are submitted, you can apply by clicking on the submit button.

Application Form for Empanelment Of Franchisors For Samruddhi Scheme

Step 3: From Samruddhi portal, select Register as a corporate to get the benefits of Samruddhi Scheme.

Image 5 Samruddhi Scheme Step 4: Application Form for Empanelment of Franchisors for Samruddhi Scheme will be displayed. You need to provide the following details:

Image 6 Samruddhi Scheme

Name of Organization
Promoter/ Director/ Partner
Year of Establishment
Total number Employees
Contact Person and Designation
Correspondence address
Business Segment
Email ID & Website URL
Business Name & Organization Status
Criteria for selection of each of the Franchise/ Dealers
Benefits to be extended by Franchisees/ Dealers/entity
Franchisee/ Dealership Total Investment
Expected ROI to Franchisee/ Dealership

Image 7 Samruddhi Scheme Step 5: After providing the required information, you need to attach documents as described above.

Image 8 Samruddhi Scheme Step 6: Once the documents are submitted, you can submit an application by clicking on the submit button. Step 7: The application form for Samruddhi scheme will be scrutinised by the Social Welfare Department. Once the application is found suitable for Samruddhi scheme, the benefits will be provided to the applicant or firm.