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Government Schemes for Startup Funding in India

The Indian government offers a variety of startup funding schemes to help startups and MSMEs grow. Learn more about the most popular schemes and how to apply.

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Government Schemes for Startup Funding in India

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  1. Government Schemes for Startup Funding in India Government Schemes for Startup Funding in India The Indian government has launched a number of schemes to provide financial assistance to startups, including micro, small, and medium enterprises (MSMEs). These schemes offer a variety of funding options, such as loans, grants, and equity. The following are some of the most popular government startup funding schemes in India: Startup India Seed Fund Scheme

  2. The Startup India Seed Fund Scheme (SISFS) provides financial assistance of up to INR 20 lakhs to startups in the ideation and prototype development stage. The scheme is implemented by the Department of Science and Technology (DST) through its network of Technology Business Incubators (TBIs). Startup India Loan Guarantee Scheme The Startup India Loan Guarantee Scheme (SILGS) provides a guarantee of up to 80% on loans of up to INR 5 crore to startups. The scheme is implemented by the Small Industries Development Bank of India (SIDBI) through its network of partner banks. Startup India Fund of Funds The Startup India Fund of Funds (FoF) provides equity funding to startups through venture capital funds. The scheme has a corpus of INR 10,000 crore and is managed by SIDBI. Click Here To Read The Full Article Also Read: E-commerce for Small Businesses in 2023: A Comprehensive Guide

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