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Reports name /title Funding scheme detail
Report was generated on 26 Sep 2018 (Date based on PCT time)
Report url http://venturecenter.co.in/viewrecord.php?srn=BI20160111125421
Description & notes (A) - Technology Development Funds; (B) - Patent Protection Funds; (C) - Technology In-Licensing Funds; (D) - Technology Scale-up/ Validation / De-risking Funds; (E) - Market Entry Funds; (F) - Expansion Funds;
TIFAC – SIDBI Revolving Fund for Technology Innovation
OrganizationTIFAC - SIDBI
Sub-Department / CommitteeTIFAC – SIDBI Revolving Fund
Source of fundingGovernment
SchemeTIFAC – SIDBI Revolving Fund for Technology Innovation
Type of fundingDebt
Funding Amount10000000
DescriptionAssistance upto 80% of the total project cost, which would normally be not more than Rs. 100.00 lakhs.
Range of fundingRs 2 crore to Rs 10 crore
Target investeesMSME
NoteMaximum assistance is generally not more than Rs. 100 lakh per project. Interest rate would be as approved by the Project Approval Committee (PAC) (not be more than 5% p.a.).
PurposeThe assistance is given in the form of early stage “debt” funding on softer terms for development, demonstration and commercialization of new innovations in emerging technological areas, un-proven technologies, new products, process, etc. which have not been successfully commercialized so far.
Focus areaMultiple focus areas
Provides Funds For A, B, C, D, E,
Scheme TypeOngoing scheme
Recommended scheme
Scheme statusLive scheme
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