Startup

Start-Up Application Form

State Bank of India IT Innovation Start-up Engagement Programme (IT-ISEP)

 

To be eligible to apply, you should meet all of the following conditions:

  • You should be an Indian firm/company.

  • The firm/company should not be older than 7 years as on the date of making this application.

  • The turnover of the firm/company should not have been greater than Rs. 25 crore in any of the years of its operations.

  • The firm/company must neither be a subsidiary of a foreign company nor have shareholding by any foreign company. Also, it should not be a sister concern, Associate or Subsidiary of any other company.

  • The Intellectual property rights for the product/services offered to the SBI should be owned by the firm/company applying under the programme. The firm/company has to ensure that the application/product/solution, code, artefacts, scripts, etc. offered by them have been internally developed by them and not copied, pilfered, hacked, transferred, procured from any other company or individuals.

  • You shall provide training and complete knowledge transfer to Bank’s team.

  • You should have obtained the "Certificate of Recognition" as a Startup from the Ministry of Commerce and Industry (Department of Industrial Policy and Promotion) either as per Notification No. G.S.R. 180 (E) dated 17th February, 2016 or G.S.R. 501(E) dated 23rd May, 2017, OR you are in the process of applying for the same, and will submit the Certificate before your formal engagement with the Bank.


Terms & Conditions:

 

We confirm that the applying company/firm meets all the above mentioned conditions

 

Interest Rates