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Reports name /title Funding scheme detail
Report was generated on 19 Apr 2024 (Date based on PCT time)
Report url http://funding.venturecenter.co.in/viewrecord.php?srn=BI20220715043710
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;
SAMRIDH
OrganizationMinistry of Electronics & Information Technology
Source of fundingGovernment
SchemeSAMRIDH
Type of fundingEquity
Funding Amount4000000
DescriptionCommit an investment of up to ₹ 40 lakh to the startup (with an average of ₹ 30 Lakh per startup per cohort) based on the growth stage of the Start-Up.
Range of fundingRs 25 lakh to Rs 50 lakh
Target investeesstartups
Note
PurposeThe SAMRIDH scheme will support existing and upcoming Accelerators to select and accelerate potential IT based startups to scale for solving India’s problems creating positive social impact
Focus areaIT/ITES/Communications
Provides Funds For A, B, C, D,
Scheme TypeOngoing scheme
Recommended scheme
Scheme statusLive scheme
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