Srijan |
Organization | Department of Science and Technology |
Source of funding | Government |
Scheme | Srijan |
Type of funding | Other |
Funding Amount | 0 |
Description | Term loan up to Rs.1.00 Cr @5.0% simple rate of interest |
Range of funding | Rs 50 lakh to Rs 2 crore |
Target investees | startups |
Note | The 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. |
Purpose | Support 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 area | Multiple focus areas |
Provides Funds For | D, E, F |
Scheme Type | Ongoing scheme |
Recommended scheme | |
Scheme status | |
More detail.. | Link |