What is Startup India Scheme. Explain the ways to fund Startup.
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This fund is managed by SIDBI and is intended to provide equity funding support for the development and growth of innovation driven enterprises. The nature of such a corpus is fund of funds. This means that the government contributes towards the capital of SEBI registered funds. These funds further invest in startups.
mohitaggarwal257048:
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Startup India Scheme is an initiative of the Indian government, the essential target of which is the advancement of new businesses, that is, startups, employment, and prosperity. It was propelled on 16 January 2016 by our current Prime Minister in New Delhi.
Ways to fund startup
- Bootstrapping
- Venture Capital
- Angel Investor
- Startup accelerators or seed accelerators
- Funding from banks
- Government support
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