The new scheme of the govt of india

• The Scheme aims to provide financial assistance to startups at the very initial stage of their project
• It has been approved for a time period of four years, starting from 2021-22
• Rs. 945 Crore corpus will be divided over the next 4 years for providing seed funding to eligible startups through eligible incubators across India
• It is expected that the Startup India Seed Fund Scheme shall help over 3600 startups in the country
• This scheme is in line with the Atmanirbhar Bharat Campaign launched in May 2020
• Seed Fund to an eligible startup by the incubator shall be disbursed as follows:
• Up to Rs. 20 Lakhs as a grant for validation of Proof of Concept, or prototype development, or product trials
• Up to Rs. 50 Lakhs of investment for market entry, commercialisation, or scaling up through convertible debentures or debt or debt-linked instruments.
• We deliberately accept the challenge of the new hard times we faced now conjugately.

Shri Radhe Shri Radhe Shri Radhe Shri Radhe Shri Radhe..