▪︎GOVERNMENT SCHEME - 8
■ SEED FUND SCHEME.
#Economy #Mobilisationofresources #GS3
Startup India Seed Fund Scheme (SISFS) has been approved for the period of next four years starting from 2021-22.
□ ABOUT :-
◇ Aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry and commercialization.
◇ The scheme is expected to support about 3600 startups.
□ WHAT IS SEED FUNDING ?
◇ Seed funding is a very early investment which aims at helping a business grow and generating its own capital.
□ IMPORTANCE OF SEED FUNDING.
◇ Starting new business and lifting it up the ground is a huge task for most entrepreneurs and it only gets tougher with capital constraints.
◇ It helps in start before the business earns any revenue.
□ SOURCE OF SEED FUNDING.
• Crowdfunding.
• Corporate seed funds.
• Incubators Accelerators.
• Angel investors.
• Personal Savings
• VC Funding
• Angel Funds or Angel Networks.
▪︎SOURCE - PIB
■ SEED FUND SCHEME.
#Economy #Mobilisationofresources #GS3
Startup India Seed Fund Scheme (SISFS) has been approved for the period of next four years starting from 2021-22.
□ ABOUT :-
◇ Aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry and commercialization.
◇ The scheme is expected to support about 3600 startups.
□ WHAT IS SEED FUNDING ?
◇ Seed funding is a very early investment which aims at helping a business grow and generating its own capital.
□ IMPORTANCE OF SEED FUNDING.
◇ Starting new business and lifting it up the ground is a huge task for most entrepreneurs and it only gets tougher with capital constraints.
◇ It helps in start before the business earns any revenue.
□ SOURCE OF SEED FUNDING.
• Crowdfunding.
• Corporate seed funds.
• Incubators Accelerators.
• Angel investors.
• Personal Savings
• VC Funding
• Angel Funds or Angel Networks.
▪︎SOURCE - PIB