Schemes for Startup India

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*The Venture Capital Assistance Scheme(Ministry of Agriculture and Farmers Welfare) provides financial aid(interest-free loan)by Small Farmers’ Agri-Business Consortium (SFAC) to agripreneurs.

*Stand-Up India for Financing SC/ST and Women Entrepreneurs(SIDBI) facilitates loans between 10lakh – 1cr as per project. In the non-individual enterprise at least 51% of the shareholding and controlling stake should be held by either an SC/ST or Women entrepreneur.

*Dairy Entrepreneurship Development Scheme(NABARD)provides back ended capital subsidy for a bankable project in the diary sector.

*Revamped Scheme of Fund for Regeneration of Traditional Industries-SFURTI (Ministry of MSME) rural entrepreneurs, traditional industry artisans clusters are given schemes funding and assistance to enhance their skills and marketing infrastructure.

*Small Business Innovation Research Initiative(SBIRI) Public-Private Partnership (PPP), Solely or Joint Ventures having innovation in biotech sector; related to societal needs in healthcare, food and nutrition, agriculture, and other sectors are given funding and mentorship.

“If you really look closely, most overnight successes took a long time” -Steve Jobs

Above mentioned are 5 schemes that can boost up your business/enterprise. A business idea is just a concept until its acceleration, we only see success after it’s been reached. Like a tree that grows high, the roots that hold it up are invisible. They’re beneath the ground, having spent years digging through hard ground to stabilize and feed the tree’s growth. It is so the same as business.

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