Union Minister Piyush Goyal launched the Startup India Seed Fund Scheme (SISFS). The Fund goals to offer monetary help to startups for proof of idea, prototype growth, product trials, market-entry, and commercialization.
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The authorities has accredited Rs. 945 Crore corpus for the fund, which might be divided over the subsequent 4 years starting April 01, 2021, for offering seed funding to eligible startups by eligible incubators throughout India. The scheme is predicted to help an estimated 3,600 startups by 300 incubators.
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