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India is a startup nation where young aspirational Indians are not only looking to create jobs but also solve problems facing our communities. In the past three decades, we emerged as leaders in ITES (IT Enabled Services) and provided leadership and human resources to prominent IT giants globally.  ....

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Goyal launches Startup India Seed Fund - The Hindu BusinessLine


Goyal launches Startup India Seed Fund
New Delhi |
Updated on
OUR BUREAU
Minister of Railways, Commerce and Industry, Consumer Affairs and Food and Public Distribution, Piyush Goyal, launched the Startup India Seed Fund Scheme (SISFS) on Monday.
As per the scheme, a ₹945 crore corpus will be allocated over the next four years for providing seed funding to eligible startups through eligible incubators across India. The scheme is expected to support an estimated 3,600 startups through 300 incubators, stated a release.
The scheme aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry and commercialisation. The scheme was announced by the Prime Minister Narendra Modi on January 16, 2021, marking the five-year anniversary of the Startup India initiative, it said. ....

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