TIIC Startup Scheme (Proto Loan and Propel Loan) is a loan from Tamilnadu Industrial Investment Corporation Ltd (TIIC), Government of Tamil Nadu undertaking for startups headquartered or registered in Tamil Nadu, registered with StartupTN and a recognised State incubator and recommended by it. It provides Up to ₹1 Cr. Applications are currently open.
Key facts
| Amount / benefit | Up to ₹1 Cr |
|---|---|
| Provider | Tamilnadu Industrial Investment Corporation Ltd (TIIC), Government of Tamil Nadu undertaking |
| Where | Tamil Nadu |
| Stage | Early Revenue, Idea, Prototype |
| Deadline | Applications open |
What is TIIC Startup Scheme?
TIIC Startup Scheme (Proto Loan and Propel Loan) — Proto Loan up to ₹10 lakh; Propel Loan up to ₹1 crore — Startups headquartered or registered in Tamil Nadu, registered with StartupTN and a recognised State incubator and recommended by it; promoters with an engineering/science degree, 3 years of experience, CIBIL 650+, chief promoter aged 25-45. It is run by Tamilnadu Industrial Investment Corporation Ltd (TIIC), Government of Tamil Nadu undertaking.
This is credit — repayable finance, usually on more concessional terms than a regular commercial loan. The amount and form of support that actually apply to you depend on the programme’s rules and how your application is assessed — they are not fixed for every applicant.
Like most government programmes, it has its own eligibility conditions, documentation and application window, and these terms are revised from time to time. Because of that, it is worth confirming the current eligibility, amount and deadline on the official programme page before you invest time in applying.
Who is eligible for TIIC Startup Scheme?
Startups headquartered or registered in Tamil Nadu, registered with StartupTN and a recognised State incubator and recommended by it; promoters with an engineering/science degree, 3 years of experience, CIBIL 650+, chief promoter aged 25-45. Not for: Startups not registered in Tamil Nadu or without incubator recommendation; Proto Loan not for startups more than 2 years old or already funded for the same project..
How much does TIIC Startup Scheme give, and in what form?
Up to ₹1 Cr.
Frequently asked questions
What kind of support is this?
This is credit — repayable finance, usually on more concessional terms than a regular commercial loan.
Who runs this programme?
TIIC Startup Scheme (Proto Loan and Propel Loan) is offered by Tamilnadu Industrial Investment Corporation Ltd (TIIC), Government of Tamil Nadu undertaking. Eligibility and approval rest with them; the criteria and amounts are set by the programme.
Is there a deadline to apply?
Programmes like this can be rolling or time-bound. Confirm the current window on the official programme page before you apply.
How do I know if I’m eligible?
Read “Who can apply” above for the programme’s own criteria. If you’d like a quick read on your specific case, our free 2-minute eligibility check maps your stage, sector and revenue to what you can realistically claim.
Related programmes
Browse similar loan programmes. See all tamil nadu startup and msme schemes. CapEasy handles this under Working-capital loan advisory.
Source and verification
No official page is linked for this programme yet. Verification date pending. Government programmes change — confirm current eligibility, amounts and deadlines on the official programme page before you apply. CapEasy is a private consultancy and is not affiliated with any government authority.