Funding & Schemes

STARTUP INDIA SEED FUND SCHEME

The Startup India initiative of the Government of India envisages building a robust Start-up ecosystem in the country for nurturing innovation and providing opportunities to budding entrepreneurs.

IFCI - VENTURE

IFCI Venture was set-up in 1975 by your Company with the objective to broaden entrepreneurship base in India by providing risk capital mainly to first generation entrepreneurs under “Risk Capital Scheme”. In 1988, IFCI Venture launched “Technology Finance & Development Scheme”, to provide financial assistance for setting up projects aimed at commercialization of indigenous technologies.

IVP

Innovation Voucher Programme (IVP) is a unique State Government initiative to promote research and innovation among MSMEs/Start-ups from Agriculture, Horticulture, Veterinary, Fisheries, Engineering, Waste Management, Health, Automobiles, Nano-Technology, Electronics etc.

TANSEED

TANSEED is the Government of Tamil Nadu’s flagship seed fund initiative for Startups, aimed at bridging the gap in fund requirements of Startups during their early stages. The fund provides seed funding to Startup founders in an equity model to help them develop their products, validate their ideas and scale up their businesses. TANSEED implemented as per the G.O. No. 49, MSME `{`A`}` Department Dated 18.06.2020 and as per StartupTN Policy.