Government Schemes and Programs Under Startup India

Description: Startup India Seed Fund Scheme (SISFS) The Startup India Seed Fund Scheme offers financial assistance for proof of concept, prototype development, product trials, market entry, and commercialization. This scheme provides grants and loans to startups to help them overcome the initial funding gap. Credit Guarantee Scheme The Credit Guarantee Scheme facilitates the flow of institutional credit to startups without the need for collateral. This scheme reduces the dependency on personal guarantees or third-party collateral, making it easier for startups to access credit. Accelerator and Incubation Programs Various accelerator and incubation programs under Startup India offer mentorship, industry connections, and access to essential resources. These programs help startups refine their business models and scale their operations effectively.

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