State Bank of India IT Innovation Start-up Engagement Programme (IT-ISEP)
State Bank of India has launched an ‘IT Innovation Start-up Engagement Programme’ with the following objectives:
The IT Innovation Start-up Engagement Programme (IT-ISEP) has been established with an initial outlay of Rs. 50 crore. Under the programme, SBI shall consider investments and debt/structured engagements of up to Rs.3 crore to an Indian registered entity for promoting their business innovations using IT in India for banking and related technology.
The type of financial assistance can be in any one or combination of the following:
Entities who qualify the below mentioned conditions will be eligible for being considered under this programme
If you have already applied, you can check the status of your application
No documents are required to be submitted at the stage of filling the application.
Applications which meet the criteria of the Bank will be taken up for evaluation through a multi-stage process, and the outcome of the evaluation will be advised to the applicants through email.
Should you need any further clarification, please write to us at email@example.com or call us at 022-27576827 during office hours.