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Reports name /title Funding scheme detail
Report was generated on 18 Apr 2019 (Date based on PCT time)
Report url http://venturecenter.co.in/viewrecord.php?srn=BI20160114122304
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;
Micro Venture Innovation Fund (MVIF)
OrganizationNational Innovation Foundation (NIF)
Sub-Department / Committee
Source of fundingGovernment
SchemeMicro Venture Innovation Fund (MVIF)
Type of fundingDebt
Funding Amount1500000
Descriptionup to Rs. 15 lakh
Range of fundingRs 10 to Rs 25 lakh
Target investeesInnovator
Note
PurposeMVIF extends financial support to grassroots innovators under a single signature on a simple agreement of understanding without any collateral or a guarantor.
Focus areaMultiple focus areas
Provides Funds For A, B, C, D,
Scheme TypeOngoing scheme
Recommended scheme
Scheme statusLive scheme
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