Start-up India Seed Fund Scheme

  • On 5th February, 2021, government approved the Startup India Seed Fund Scheme (SISFS) for the period of next four years starting from 2021-22.
  • It seeks to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry and commercialization.
  • It will be implemented with effect from 1st April 2021 and Rs. 945 Crores corpus will be divided over the next 4 years for providing seed funding to eligible startups through eligible incubators across India.
  • The scheme was announced by the Prime Minister during India’s international summit Prarambh held in January, 2021.

Impact

  • The scheme is expected to support ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

News Snippets