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Reports name /title Funding scheme detail
Report was generated on 29 Nov 2022 (Date based on PCT time)
Report url http://funding.venturecenter.co.in/viewrecord.php?srn=BI20211006060725
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;
Srijan
OrganizationDepartment of Science and Technology
Source of fundingGovernment
Scheme Srijan
Type of fundingOther
Funding Amount0
DescriptionTerm loan up to Rs.2.00 Cr @5.0% simple rate of interest
Range of fundingRs 50 lakh to Rs 2 crore
Target investeesstartups
NoteThe programme is aimed at identification, assessment of technology innovations and to facilitate scaling up by industries particularly MSMEs. Technical assessment is carried out by TIFAC while SIDBI carries out the financial appraisal.
PurposeSupport up to 80% of project cost with minimum 20% from promoters • Moratorium period of one year permitted • Technical vetting by TIFAC led national committee and domain experts • Financial appraisal and disbursal by SIDBI • TIFAC provides visibility to scaled up innovation on various platforms
Focus areaMultiple focus areas
Provides Funds For D, E, F
Scheme TypeOngoing scheme
Recommended scheme
Scheme status
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