Big News for Startups in Ahmedabad
So, the Amdavad Municipal Corporation (AMC) just dropped this wild new policy called the “Ahmedabad Innovation and Startup Policy 2026”. Like, it’s a total game changer for startups and innovators all over India! They’re turning the city into a living lab where you can actually test out new tech and ideas in real life—no more just sitting around talking about it, right?
A Massive Fund to Kick Things Off
And guess what? AMC’s setting up a massive ₹250 crore fund over five years to help make this happen. They’re gonna dish out ₹50 crore every year to fund pilot projects and scale successful concepts. What’s really cool is that if you’re one of the lucky startups chosen, you could get over ₹35 lakh without needing any receipts—like literally no bills required!
Clever Procurement Processes
The procurement process is interesting too—they’ve set clear funding rules up to ₹7.5 lakh for smaller projects to speed things along. Anything bigger gets reviewed by AMC’s Board of Management. Which, honestly, should help cut down on red tape.
Support Galore for Startups
This policy also gives startups access to key urban infrastructure like water supply and waste management systems—huge deals for anyone trying to innovate on these fronts. Plus, there’s even a property tax break of up to 50% for startup offices under 250 square meters!
Your Ideas Are Yours!
And here’s the kicker: intellectual property rights for any tech or solutions developed will stay with the startups! AMC will only have a usage license, which is pretty fair if you ask me.