Period of existence and operations should not be exceeding 10 years from the Date of Incorporation
Should have an annual turnover not exceeding ₹ 100 crores for any of the financial years since its Incorporation
Should work towards development or improvement of a product, process or service and/or have scalable business model with high potential for creation ofwealth & employment
Incorporated as a Private Limited Company, or Registered Partnership Firm or a Limited Liability Partnership, or One person company, or a Sole proprietorship.
Entity should not have been formed by splitting up or reconstructing an already existing business