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Funds for Startups News
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The startups will also be provided cloud credits from leading cloud service providers besides a seed fund of up to Rs 25 lakh
Start-ups, which are in the ideation stage, may be selected under the pre-incubation programme and mentored for up-to six months to evolve their business plan
Each intern (start-up under pre-incubation) will be paid Rs 10,000/- per month up to a period of 6 months
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India’s remarkable jump has also been witnessed on the Global Innovation Index. In the past 4 years, India’s rank in the GII has improved from the 81st rank in 2015 to the present 52nd rank in GII 2019 report.
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The government Wednesday approved Rs 10,000 crore 'Fund of Funds for Startups' to support them with an aim to generate employment for 18 lakh persons.
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