The Government of India offers several direct grants, seed funds, and financial assistance schemes for entrepreneurs and startups through central ministries and specialized portals:
Major Government Grants & Seed Schemes
- Startup India Seed Fund Scheme (SISFS): Provides up to ₹20 Lakhs as a non-repayable grant for proof-of-concept, prototype development, or product trials, alongside up to ₹50 Lakhs in debt/convertible debentures for commercialization. Managed via the Startup India Portal and eligible incubators. [1]
- Biotechnology Ignition Grant (BIG): Offered by BIRAC for biotech, healthcare, life sciences, and agritech innovators, providing up to ₹50 Lakhs over 18 months for high-potential research projects. [1]
- TIDE 2.0 Scheme: Implemented by MeitY (Ministry of Electronics and Information Technology) to support technology startups in AI, IoT, cybersecurity, and blockchain with seed grants up to ₹7 Lakhs at the idea stage and higher amounts for growth. [1]
- Atal Innovation Mission (AIM): NITI Aayog's flagship initiative supporting innovation and entrepreneurship through Atal Incubation Centres (AICs) and Atal Community Innovation Centres (ACICs) with grant support.
Comments
Post a Comment