Union Minister Piyush Goyal launches Startup India Seed Fund Scheme
Lucknow. The Commerce and Industry Minister Piyush Goyal launched the Startup India Seed Fund Scheme. It aims at providing financial assistance to the startups for prototype development, proof of development, market-entry, commercialization, and product trials.
While launching the scheme, the Union Minister stated that the scheme will support the domestic entrepreneurs as well as their business ideas that often are not able to take off because of the absence of critical capital at an early stage.
The Startup India Seed Fund Scheme was earlier announced by PM Modi in January 2021to help budding entrepreneurs and startups in pursuing their innovative ideas.
