Over Rs 11,606 Crore Booster To Nurture Startup Ecosystem Through 3 Schemes: Minister | Financial system Information
New Delhi: The federal government on Friday mentioned {that a} internet dedication of Rs 9,994 crore has been made to 141 Different Funding Funds (AIFs) supported below the Fund of Funds for Startups (FFS) scheme (until June 30), because it goals to construct a powerful ecosystem for nurturing innovation.
Beneath the ‘Startup India’ initiative, the federal government is implementing three flagship schemes — FFS, Startup India Seed Fund Scheme (SISFS), and Credit score Assure Scheme for Startups (CGSS) to help startups at numerous phases of their enterprise cycle.
FFS has been established to catalyse enterprise capital investments and is operationalised by the Small Industries Growth Financial institution of India (SIDBI), which supplies capital to Securities and Change Board of India (SEBI)-registered AIFs, which in flip, put money into startups, mentioned Minister of State for Commerce and Business, Jitin Prasada, in a written reply to a query within the Rajya Sabha.
SISFS supplies monetary help to seed-stage startups by means of incubators. Rs 945 crore have been authorised to 219 chosen incubators (as of June 30), the minister mentioned. CGSS, carried out to allow collateral-free loans to startups by means of eligible monetary establishments, is operationalised by the Nationwide Credit score Assure Trustee Firm (NCGTC) Restricted.
“As on June 30, 2025, 289 loans amounting to Rs. 667.85 crore have been assured for startup debtors,” mentioned Prasada. As per the Ministry of Talent Growth and Entrepreneurship (MSDE), the Venture ‘Swavalambini’ is being carried out by means of autonomous institutes, particularly the Nationwide Institute for Entrepreneurship and Small Enterprise Growth (NIESBUD), Noida and Indian Institute of Entrepreneurship (IIE), Guwahati, in collaboration with NITI Aayog and its Girls Entrepreneurship Platform (WEP).
The challenge contains Entrepreneurship Consciousness Coaching and Entrepreneurship Growth Coaching for college kids, in addition to a School Growth Programme (FDP) for capability constructing of college members.
“As on June 30, 2025, Entrepreneurship Consciousness Programmes have been organised for 591 college students and FDPs have been accomplished for 43 school members of Increased Training Establishments (HEIs),” the minister mentioned.
