One of the key challenges faced by many startups has been accessing funds. Besides, the high-risk nature of startups, as a significant chances fail to take-off, puts off many investors.
To provide funding support to entities registered as startup under Startup India Scheme under DIPP, the Government has set up a fund with an initial corpus of INR 2,500 crore and a total corpus of INR 10,000 crore over a period 4 years (i.e. INR 2,500 crore per year).
Read More :- Leveraging Government Schemes and Private Grants for Funding your Venture
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