ALLOCATION OF FUNDS TO STARTUPS

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..... ALLOCATION OF FUNDS TO STARTUPS
News and Press Release
Dated:- 10-2-2022

Many Ministries/ Departments of Government of India and State governments have implemented Schemes for funding an .....

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..... d supporting startups in different sectors and areas. Details of funding or progress of startups is not centrally maintained. To provide seed funding to startups through approved incubators across al .....

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..... l sectors and areas, the Startup India Seed Fund Scheme was launched by Department for Promotion of Industry & Internal Trade on 16th April, 2021. A grant of ₹ 945 crore has been approved for pe .....

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..... riod of 4 years starting from 2021-22 under the Scheme. As on 31st December, 2021, ₹ 232.75 crore have been approved as grant to 58 incubators, and 146 startups have been funded by such approved .....

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..... incubators. Information about seed funding from other schemes of Ministries/Departments of Government of India or State Governments is not maintained centrally. This information was given by the Mi .....

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..... nister of State in the Ministry of Commerce and Industry, Shri Som Parkash, in a written reply in the Lok Sabha.
News - Press release - PIB .....

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